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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California’s Infrastructure bank hit the municipal market with a big note offering on Monday, while a New York City Transitional Finance Authority deal was offered to retail buyers.
July 24 -
Kroll says the use of rating ceilings can "subvert fundamental credit analysis."
July 24 -
The big New York City issue was priced for retail investors and a large California note issue was offered to buyers, while municipals turned weaker in secondary trade.
July 24 -
Municipals turned weaker on Monday as traders prepared their strategies ahead of the week’s issuance.
July 23 -
Redemption demand should continue to surface this week even with the arrival of new issuance, municipal sources said.
July 23 -
New York issues again dominate as the bond calendar dips to $5.3 billion in the new week.
July 20 -
Municipal bond volume will dip to a more average 2018 level next week.
July 20 -
New issues were well spoken for on Thursday as hungry investors with available cash participated in the largest deals of the week.
July 19 -
Municipal bond market participants are seeing the last of the week’s healthy new issue slate hit screens.
July 19 -
Buyers vied for volume as a bevy of bonds priced in the primary on Wednesday.
July 18 -
More municipal supply is set to hit the screens on Wednesday as buyers get ready to vie for volume in a tight market.
July 18 -
Municipal bond buyers on Tuesday snapped up deals from New Jersey, New York City and Texas issuers.
July 17 -
Municipal bond buyers were rewarded as a bevy of new deals hitting the market on Tuesday.
July 17 -
The week's primary activity got off to a mixed start as the NYC TFA rounded up more retail orders on its big sale.
July 16 -
Municipal bond buyers are patiently awaiting sizable new issues to set the tone for the rest of the week.
July 16 -
Investors began lining up for the New York City Transitional Finance Authority’s nearly $1 billion building aid revenue bond offering on Friday.
July 13 -
Ipreo estimates weekly bond volume at $9.2 billion, consisting of $7.5 billion of negotiated deals and $1.7 billion of competitive sales.
July 13 -
Munis finished mixed as California State, Los Angeles Airport and L.A. County Facilities Inc. hit the market.
July 12 -
Municipals were mixed at mid-session as the last of the week’s big deals came to market, led by a bond offering out of California and a note sale from Colorado.
July 12 -
Requests for municipal bond identifiers rose in June for the fourth month in a row as the Dormitory Authority of New York sold $1.79 billion of bonds to a supply-starved market.
July 11
