Maria Bonello

Cuyahoga County, Ohio, sold $230.9 million of certificates of participation to finance a Hilton Hotel at the Cleveland convention center, in a deal that provided the muni market with a bit of much needed yield.

Municipal bonds weakened slightly Thursday, following Treasuries, with low issuance continuing to plague the market and a holiday-shortened week approaching.

Tax-exempt money market funds reported inflows of $913.9 million in the week ended May 20, raising total net assets to $258.64 billion according to The Money Fund Report, a service of iMoneyNet.com.

Municipal bonds weakened on the long end Thursday morning and market participants said Treasuries rather than an increase in initial jobless claims were moving the market.

Theodore Pockman Swick, former president of the Municipal Bond Club of New York, died last week after a short illness in Newport, R. I. He was 91-years-old.

The Bond Buyer's muni bond indexes mostly strengthened in the week ending May 15.

Municipal bonds rallied for a third straight day Thursday, following treasuries as weak European economic data lessened investor concerns over interest rates in the U.S.

Municipal bonds rallied for the third straight day Thursday as supply remained light.

Ziegler is expanding its general municipal and structured finance practice with the addition of three muni veterans from Stern Brothers & Co. The firm has added Miyun Cho, Terri Smalinsky and Aaron Gadouas as managing directors to be based in Ziegler's Chicago office.

Morgan Stanley has expanded its municipal securities team with 11 new hires since the firm merged its institutional and wealth-management municipal desks in March.

Kroll Bond Rating Group assigned MBIA's municipal only insurer National Public Finance Guarantee a AA-plus rating Monday afternoon, the highest rating in the insurance industry

The municipal bond market opened with steady yields across the curve Monday morning, after rallying for four days.

Ziegler is expanding its investment banking team with the addition of three senior-living finance bankers from BB&T Capital Markets.

The Bond Buyer's muni bond indexes mostly strengthened in the week ending May 8.

Municipal mutual funds reported inflows increased to $943.23 million in the week ended May 8 from $26.38 million of outflows the week before.

Oppenheimer & Co. Inc. is expanding its focus on the East Coast and in Illinois with the addition of four municipal finance veterans.

Paul Joseph Finn Sr., a former member of the management committee at AMBAC Indemnity Corp., died May 2 after a long illness. He was 80 years old.

Municipal mutual funds reported inflows increased to $244.26 million in the week ended April 23 from $74.03 million of inflows the week before.

John Matsikoudis, former senior underwriter at Loop Capital Markets, has been hired by CastleOak Securities to continue the growth of its municipal sales and trading business.

Marcus J. Lemon, a public-private partnership attorney, has joined Polsinelli to assist in the growth of the firm’s P3 practice.