The municipal bond market is keeping its focus on new issues as the last of the week's supply comes to market.
Primary
- Siebert Brandford Shank & Co. is scheduled to price $270 million Illinois State Toll Highway Authority toll highway senior revenue refunding bonds. The bonds are scheduled to be priced as serials from 2018 to 2025. The issue is rated Aa3 by Moody's Investors Service and AA-minus by both Standard & Poor's and Fitch Ratings.
- BMO Capital Markets Inc. is set to price $110.97 million McHenry County, Ill., Conservation District general obligation refunding bonds as serials maturing from 2015 to 2027. The issue is rated A1 by Moody's and AA-plus by S&P.
- Hudson County, N.J., is selling $74 million of general obligation bonds in a competitive offering. The bonds are due 2015-2031 and rated AA by S&P.
Economic Indicators
- The Conference Board releases consumer confidence data for November.
- The Richmond Federal Reserve releases its November manufacturing and service sector reports.
- The Philadelphia Federal Reserve releases its November non-manufacturing report.
- The Dallas Federal Reserve releases its service sector outlook survey for November.
Treasury
- The Treasury Department auctions $13 billion of two-year floating-rate notes.
- Treasury auctions $40 billion of four-week bills.
- Treasury auctions $35 billion of five-year notes.
