Market Close: Munis Unch to Weaker at Close
Posted March 15, 2010NEW YORK – The municipal market was unchanged to slightly weaker today, amid fairly light secondary trading activity. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Post: Munis Unch to Weaker in Morning Trade
Posted March 15, 2010The municipal market was unchanged to slightly weaker this morning, amid fairly light secondary trading activity.“There’s a little bit of weakness out there, but there’s not a whole lot trading just yet,” a trader in New York said. “We’re fairly quiet. I’d call it somewhat unchanged to maybe down a basis point or so in spots.”To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Calif. Market Close: Tax-Exempt Finish Flat to Weaker
Posted March 15, 2010NEW YORK – The California municipal market was unchanged to slightly weaker today, amid fairly light secondary trading activity. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Post: Munis Unch in Morning Trade
Posted March 12, 2010The municipal market was unchanged this morning, amid fairly light secondary trading activity.“It’s pretty flat,” a trader in New York said. “We’re just sort of winding down the week. There isn’t a whole lot trading and we’re just unchanged.”To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Close: Munis Unch at Close
Posted March 12, 2010NEW YORK – The municipal market was unchanged today, amid fairly light secondary trading activity. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Calif. Market Close: Tax-Exempt Finish Flat
Posted March 12, 2010NEW YORK – The California municipal market was unchanged today, amid fairly light secondary trading activity. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Post: Munis Unch, Firmer Tone, Ahead of $2B Calif. GOs
Posted March 11, 2010The municipal market was unchanged with a slightly firmer tone this morning, ahead of a $2 billion general obligation sale from California.“It’s somewhat flat right now,” a trader in New York said. “There might be a little bit of a firmer tone, but right now, we’re just pretty flat.”To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Post: Calif. Increases GO Deal to $2.5B
Posted March 11, 2010The municipal market remained mostly unchanged this afternoon, as California increased to $2.5 billion its general obligation sale.JPMorgan priced the now-$2.5 billion of California GO bonds, upsized from an originally planned $2 billion, following a two-day retail order period during which $1.38 billion was sold, representing 69% of the original sale amount.To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Calif. Market Close: Calif. Leads With Upsized $2.5B GO Deal
Posted March 11, 2010NEW YORK – California increased to $2.5 billion its general obligation bond sale, pricing it against a backdrop of a mostly unchanged municipal market. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Close: Calif. Leads With Upsized $2.5B GO Deal
Posted March 11, 2010NEW YORK – California increased to $2.5 billion its general obligation bond sale, pricing it against a backdrop of a mostly unchanged municipal market. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Post: Munis Slightly Firmer in Morning Trade
Posted March 10, 2010The municipal market was slightly firmer this morning, as new issues take center stage.“There’s a little bit of firmness out there, but it’s not more than a basis point or so right now,” a trader in New York said. “There’s decent activity, deals are getting done. But the focus is on the new issues today.”To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Close: Munis Slightly Firmer; DC, Ascension Health Price Large Deals
Posted March 10, 2010NEW YORK – The municipal market was unchanged to slightly firmer today, as new issues took center stage. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Calif. Market Close: Tax-Exempts Finish Flat to Firmer; Calif. Prices $2B GOs for Retail, Day Two
Posted March 10, 2010NEW YORK – The California municipal market was unchanged to slightly firmer today. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Post: Munis Largely Unch in Morning Trade
Posted March 9, 2010The municipal market was largely unchanged this morning. Traders said tax-exempt yields were mostly flat, though with a slightly firmer tone.“There is some decent activity out in the secondary, but I’m not seeing much movement,” a trader in New York said. “We’re pretty much just flat. There is a bit of a firmer tone, but I’d say we’re just flat at this point.”To read the column in its entirety, go to The Bond Buyer web…
[Read More]Market Post: Munis Unch to Firmer; Calif. Prices $2B GOs for Retail
Posted March 9, 2010The municipal market was unchanged to slightly firmer this afternoon, as California price for retail investors $2 billion of general obligation debt.“There is definitely a little bit of firmness out there,” a trader in Los Angeles said. “I’m not really sure it’s enough to bump the scale, but here and there you can definitely grab a basis point, maybe two, maybe even three.”To read the column in its entirety, go to The Bond Buyer web…
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