Tuesday, September 1, 2026

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Fitch assigns ‘AAA’ rating to R.I. Infrastructure Bank bonds

PROVIDENCE – Fitch Ratings has assigned an “AAA” rating and stable outlook to $127.9 million in bonds issued by the Rhode Island Infrastructure Bank,...

This step could ease R.I.’s pension woes

Rhode Island’s pension problems are back in the headlines with Providence Mayor Jorge O. Elorza’s proposal to issue a pension obligation bond for approximately...

Magaziner announces $6M savings from bond refinancing

PROVIDENCE – State coffers will see an injection of $6 million thanks to bond refinancing announced by R.I. Treasurer Seth Magaziner on March 2. The...

RIPEC supports borrowing in upcoming bond referenda

PROVIDENCE – The Rhode Island Public Expenditure Council supports borrowing for the seven bond initiatives that will be considered by voters in a special...

Providence City Council authorizes bond refunding, designates savings to cover pension...

PROVIDENCE – The City Council on Dec. 9 voted to refund the city’s bond portfolio, allowing the city to recoup a $1.3 million savings...

Raimondo seeks $223M more in state bonds this year to finance...

PROVIDENCE – Gov. Gina M. Raimondo announced Monday she intends to seek substantially more through state bonding this year for housing, infrastructure and environmental...
THE R.I. TURNPIKE and Bridge Authority has announced the pricing of two bonds issues, one of which is expected to fund $50 million in project costs.

RITBA announces pricing of $50M in bonds

PROVIDENCE – The R.I. Turnpike and Bridge Authority announced the pricing of two bond issues this week, which it said will result in generating...

Taking stock

Are you an active investor? Yes: 80% No: 20% Do you own any stock or bonds directly or through mutual funds? Both: 60% Stocks: 20% Mutual funds: 20% Bonds: 0% Are you...
THE U.S. AND U.K yield curves inverted for the first time since the 2008 financial crisis. The flip is considered by some as an indicator of an oncoming recession. / BLOOMBERG NEWS

Bonds signal growing global distress as key yield curve flips

NEW YORK – The United States government bond market sounded alarms Wednesday as investors fleeing riskier assets drove the 30-year bond’s yield to a...
U.S. VOTERS approved about $76.3 billion of bond referendums in the midterm elections. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

U.S. voters backing at least $24.4B of bond sales

NEW YORK - Voters across the United States were backing at least $24.4 billion of bond sales to support school construction and infrastructure upgrades...
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