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This week's $800 million deal is the first of $3.5 billion to be sold by the end of 2023 allowing Michigan to beef up its road and bridge infrastructure.

Low rates in an economic crisis brought a plethora of Southwest municipal bonds to market, and some see a strong second half coming.

A surge in taxable muni volume has overall issuance 18% higher in the first half of 2020.

The housing and transportation sectors had the biggest declines in municipal bond volume.

The COVID-19 pandemic began to impact note issuance as early as the first quarter when issuers started to get more concerned over the virus.

The impact of COVID-19 has had a positive outcome for the bond insurers, as use of municipal bond insurance has surged 44.2% year-over-year for the first half of 2020.

The elite university is selling $300 million of taxable debt this week.

The federal $600 monthly addition to unemployment insurance boosted income, but the local economy took a bigger hit than that of the U.S.

Municipals were little changed on Friday after a market moved that took long yields up by as much as 15 basis points since mid-month.

The $1.13 billion competitive deal obtained Georgia's lowest combined interest rate ever, state officials said.