Christine Albano is a reporter in the Investor’s & Investing beat, which she has covered for the past two decades. She has a wide range of buy side sources in the municipal market and has covered trends affecting retail investors, institutions, municipal mutual funds, tax-exempt money market funds, and the high-yield beat. She has also written about some of the industry’s biggest issues, such as historic defaults in Orange County, Calif., Puerto Rico, and Jefferson County, Ala., as well as the collapse of the variable-rate demand market. In addition, she reported on the subsequent 2008 financial crisis, and the death of municipal bond pioneer Jim Lebenthal. She provided next day coverage of the impact on the municipal bond market of the Sept. 11 terrorist attacks on the World Trade Center, and recently interviewed The Vanguard Group Inc. founder, former chief executive officer, and investment guru John C. Bogle about the best investing advice for the municipal market.
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The last of the week’s big new issues hit the screens on Thursday.
October 17 -
Just in time for its $1.4 billion bond sale, California received a holiday present from Moody’s.
October 15 -
Rampant issuance continues with $12.4 billion, heavy on taxable deals. Meanwhile, the end of this volatile week had the secondary getting whacked with AAA benchmarks showing big cuts.
October 11 -
Issuers from New York, Florida and Nebraska offered buyers notes, bonds and taxable deals.
October 10 -
A large calendar this week should spark high demand, market participants say.
October 8 -
Muni yields were mixed as weak economic data pressured Treasuries and stock prices.
October 1 -
Most of this week’s municipal bond deals were well received, according to Peter Delahunt of Raymond James.
September 26 -
Vice President, Manager of Municipal Underwriting, Fidelity Capital Markets
September 23 -
Head of Municipal Credit Research, Whitehaven Asset Management
September 23 -
The primary market was somewhat stagnant after the FOMC but things should revert back how they were before — with most deals getting put away quickly.
September 20 -
The market got what it expected and can now shift attention to the week's remaining deals after Fed policy makers cut interest rates by a quarter point.
September 18 -
Middle East unrest, oil price volatility and a Fed policy meeting all combine to weigh on this week’s $10B new-issue calendar.
September 16 -
Municipal traders and managers said the tax-exempt market’s early strength translated into weakness before the end of trading — due to taxable and overseas influences.
September 12 -
With supply looking up, traders and analysts expect new issues to be well absorbed even if Treasuries correct futher.
September 6 -
The Chicago Public Schools also came to market with a $349 million GO deal.
September 5 -
California's $2.4 billion GO deal was priced for retail investors on Wednesday.
September 4 -
A pre-marketing scale was released on California's $2.3 billion GO deal.
September 3 -
The market will see $7.6 billion of bonds plus a $1 billion note sale coming up in a holiday-shortened week.
August 30 -
Close proximity and presence in small states allows Josh Larson to "kick the tires" when analyzing new and existing credits
August 29 -
The last full trading week ahead of the Labor Day holiday will see a variety of credits come to market.
August 23
