Chip Barnett

The Puerto Rico Housing Finance Authority’s deal came in three times oversubscribed and was an important step in the Commonwealth’s return to the capital markets.

Atlanta airport bonds and a Puerto Rico housing issuer were some new offerings of note on Tuesday.

One muni bond sector that had been a go-to for heavier allocations was utilities, according to Kim Olsan.

Thirty-four more S&P 100 companies will publicly disclose the composition of their workforce by race, ethnicity and gender, NYC Comptroller Scott Stringer said Monday.

The Puerto Rico Housing Finance Authority will be in the market with almost $250 million of public housing project refunding bonds.

While Scott Stringer and Eric Adams now top list of successors to Bill de Blasio, the political dynamic may have changed in the wake of social justice protests and the COVID-19 pandemic.

Without more fiscal support, the outlook becomes murkier with the possibility of economic data disappointment and volatility in rates, and historically muni demand dampeners, Morgan Stanley said.

Breckinridge Capital Advisors’ Rob Fernandez, Director of ESG Research, and Andrew Teras, Senior Vice President, talk about how climate change can impact the municipal bond market as the country faces increased risks from coastal flooding, wildfires and drought. Chip Barnett hosts (24 minutes)

ICI reports another $2 billion inflow week while new issues fare well. High-grades around the 2026 maturity were trading in large blocks showing stability.

Diverse issuers from NYC to Texas to Chicago to Michigan to PA Turnpikes priced billions into the primary while the secondary again took a back seat.

Rates remain stagnant even as UST rallied Monday. Large deals from NYC and Texas issuers are on deck for Tuesday.

Investment banker Suzanne Shank and professor Michael Barr to serve on its Board of Trustees.

Treasurer Shawn Wooden, the country's only Black elected state treasurer, spoke about diversity and inclusion to the Northeast Women in Public Finance.

On Friday, municipals finished little changed, with yields remaining steady along most of the AAA GO scales.

The new-issue market saw deals from Houston, the Illinois Finance Authority and the City and County of San Francisco, Calif., hit the screens.

Duane McAllister and Lyle Fitterer of Baird talk with Chip Barnett about low rates and credit quality. They discuss the best scenarios for investors and issuers in these challenging times. (20 minutes)

Secondary trading picked up somewhat while the new-issue market saw a large amount of taxables in the negotiated space while Pennsylvania competitively sold $470 million of general obligation bonds.

The Puerto Rico Housing Finance Authority may issue $250 million of tax-exempt capital fund modernization program refunding bonds the week of Sept. 28.

"Yields are just still so remarkably low," a New York City trader said.

Municipals held firm ahead of a strong supply stream of bonds in a calendar heavy with taxable and green bond deals.