Chip Barnett

The city of Los Angeles is set to offer $1.46 billion of tax and revenue anticipation notes on Tuesday, June 21, in what will be the largest TRAN offering in the United States this year.

Top-rated municipal bonds were steady to stronger at mid-session, according to traders, who are preparing for the start of a week which includes a manageable supply slate and a meeting of the Federal Reserve.

Municipal bond traders are preparing for the start of a new week, which will see a manageable new issue slate of about $5.7 billion and the possibility of new record low muni rates. The market will also be keeping watch on the Federal Reserve which meets this week to decide the course of monetary policy.

Top-quality municipal bonds finished stronger on Friday, as the yield on Municipal Market Data's 30-year muni general obligation fell to its fourth straight record low.

Top-quality municipal bonds were stronger at mid-session, according to traders, as the market took a brief respite ahead of the upcoming week's $5.7 billion new issue slate.

New York City Mayor Bill de Blasio announced on Wednesday that he and the City Council had reached agreement on a final $82.1 billion budget for Fiscal 2017, the earliest the two sides had approved a fiscal plan in 15 years.

Top-shelf municipal bonds ended stronger on Tuesday, according to traders, with the yield on the 30-year municipal falling into record low territory. In the primary, Georgia and a Maryland issuer sold a bevy of competitive offerings and a New York issuer came to market with a negotiated airport deal.

Top-shelf municipal bonds were stronger at mid-session, according to traders, as the state of Georgia and a Maryland issuer competitively sold a bevy of big, high-quality offerings.

Municipal bond traders are set to see the first of the week's big new issues hit the screens starting on Tuesday, the state of Georgia sells about $1.37 billion by competitive bid.

Top-quality municipal bonds finished steady on Monday, traders said, as they awaited $12.7 billion of new supply, which is set to start hitting the market on Tuesday.

A record $6 billion of competitive bond and note sales have been placed on next week’s calendar, including billion dollar-plus megadeals from the states of Georgia and Maryland.

Dana Lach has returned to Foley & Lardner’s healthcare finance, public finance and finance and financial institutions practices, the law firm announced on Thursday. She will be working out of the firm’s Milwaukee office.

Frank Dos Santos has been named head of North America Business Strategy for Markit’s Fixed-Income Pricing service, the firm announced on Tuesday.

Mass. Gov. Charles Baker released a $4 billion capital plan for Fiscal Year 2017 that includes a $2.19 billion cap on general obligation bond issuance, a 3% increase over the previous fiscal year.

Bankruptcy attorney Mark Kaufman has joined King & Spalding as a partner in its Atlanta and Washington, D.C., offices, the firm announced. He was formerly at Dentons, where he was a partner.

Rhode Island General Treasurer Seth Magaziner nominated Sylvia Maxfield to serve on the State Investment Commission and Dr. Laura Shawhughes to serve on the State Retirement Board.

The New York Metropolitan Transportation Authority’s operation of its federally mandated Access-A-Ride program has been marked by waste, mismanagement and widespread service failures, according to an audit released on Tuesday by Comptroller Scott M. Stringer.

Black Enterprise magazine has named Loop Capital Markets as its "Financial Services Company of the Year."

New York City, NYC, Bill de Blasio, Dean Fuleihan, Fiscal 2017, Executive Budget, H+H, Health and Hospitals, Debt Service

For the 32nd straight week, municipal bond funds reported inflows, according to Lipper data released Thursday. Weekly reporting funds saw $1.212 billion of inflows in the week ended May 11, after inflows of $709.727 million in the previous week, Lipper said.