Jessica Lerner is a senior reporter and buy-side specialist for Bond Buyer where she writes the daily market column, the monthly volume story and longer trend stories. Prior to this, she worked as a beat reporter at two Connecticut newspapers. She earned her master's in business and economics reporting from the Craig Newmark Graduate School of Journalism and her bachelor's in journalism and statistics from the University of Connecticut.
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Three-quarters of the way through the year, municipal bond issuance has risen 3.1% compared to the same period in 2020. So far in 2021, volume totals $340.99 billion in 9,082 transactions compared to $330.71 billion in 8,577 deals in the first nine months of 2020.
October 12 -
BofA Securities led with $48.85 billion of deals, while Goldman Sachs jumped into the top five and Morgan Stanley moved up one spot from where it was at this point last year.
October 12 -
The top municipal financial advisors saw $278.55 of business in 6,599 transactions in the first nine months of 2021, down slightly from the $284.08 billion in 6,350 deals the same period last year.
October 12 -
A nonprofit that funds charter schools for low-income students is set to price a $233.5 million of revenue bonds Wednesday.
October 5 -
September issuance was down more than 32% from the same month in 2020; total issuance so far this year is at $346.48 billion, down 2.4% compared to last year.
September 30 -
Goldman Sachs Asset Management, BlackRock, Lord Abbett, Morgan Stanley Investment Management and Vanguard have partnered with Loop Capital and Siebert Williams Shank to send a survey to issuers on racial equity and inclusion.
September 27 -
Month-to-date returns for municipals are in the red with the Bloomberg Fixed Income Indices municipal index returning -0.12%, high-yield at -0.15% and taxables at -0.32%.
September 24 -
Data released Tuesday reflected a murky picture on the strength of the economy, but the market’s eyes were fixed on the Federal Reserve’s policy meeting in Washington, D.C.
September 21 -
Morgan Fahy has joined BAM’s capital markets team from Citigroup.
September 21 -
Without the primary in play and a mostly muted secondary, triple-A yield curves were little changed, coming nowhere near the moves in UST with the 10- and 30-year falling five and six basis points as equities saw their worst day since May.
September 20
