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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Trading was muted after last week’s bounty of bond sales, as the market looked ahead to this week’s larger deals, including a $920 million Illinois financing.
August 20 -
A typical quiet summer Monday unfolded, with trading activity muted as the market reflected on last week’s bountiful volume and looked ahead with anticipation to some this week’s larger deals, including the $920 million Illinois financing, muni traders said.
August 20 -
Municipalities had less need for borrowing to bridge gaps in cash flow and therefore curtailed their issuance of notes
August 20 -
Texas headlines the week's slate as it prepares for a mammoth note sale while Massachusetts prepares large short-term sales of its own.
August 17 -
The Port Authority of New York and New Jersey, the New York Metropolitan Transportation Authority, and Connecticut capped a busy week in the muni market.
August 16 -
Municipal bond buyers saw the last of the week’s big deals come to market.
August 16 -
The municipal bond market saw another big wave of supply sweep in on Wednesday, led by issuers in Connecticut, Pennsylvania, Hawaii and New York.
August 15 -
The supply keeps coming for municipal bond buyers, with a slew of new deals pricing in the primary.
August 15 -
Action was brisk in the municipal bond market on Tuesday as several big deals were priced in the primary.
August 14 -
Primary market action kicked off Tuesday as several big deals were offered to municipal bond buyers.
August 14 -
With about $12 billion of new deals on tap, muni investors will have plenty of bonds to choose from.
August 13 -
It will seem like Christmas in August for municipal investors when nearly $12 billion of new issuance interrupts the dog days.
August 10 -
Municipal bond volume soars to nearly $12 billion next week as supply-starved buyers await the new issue slate.
August 10 -
Puerto Rico issues rallied after the main parties reached a deal on the restructuring of Puerto Rico Sales Tax Financing Corp. bonds.
August 9 -
Puerto Rico issues rallied after the central parties reached a deal concerning Puerto Rico Sales Tax Financing Corp. bonds.
August 9 -
Municipal CUSIP requests declined in July after four straight months of volume increases, suggesting a slowdown in issuance ahead.
August 8 -
The municipal bond market saw more supply hit the screens on Wednesday, topped by New York City’s big general obligation bond offering.
August 8 -
New York, Wisconsin and California issuers priced bonds as investor demand continued to support municipal debt, analysts and traders said. Deals ran the gamut from high-grade to high-yield.
August 7 -
Led by issuers in New York, Minnesota and Michigan, municipal bond buyers saw more supply head their way on Tuesday.
August 7 -
The market is prepping for $7.5 billion of new paper that is set to hit the market, as more than $50 billion in August redemptions free up cash to buy bonds.
August 6
