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The $240 million deal will also contain a mix of bonds subject to the alternative minimum tax with non-AMT bonds.

Oregon Gov. Kate Brown released an earthquake preparedness plan as she battles to win re-election.

Municipals remained mixed as deals from Phoenix airport and Chicago issuers came to market.

The municipal securities market is slowly looking more like the stock market.

The pre-trade information available on alternative trading systems to broker-dealer participants would likely benefit all municipal securities investors if made more publicly available, the Municipal Securities Rulemaking Board’s chief economist said in releasing a report Thursday that is to be presented to a market structure advisory group next week.

The pace of recovery varies widely, and many local government budgets are in worse shape than before the 2008 financial crisis.

Municipals were mostly stronger at mid-session as the last of the week’s big deals came to market.

The Municipal Impact Coalition, a group of market professionals, is expanding its drive to make municipal bonds more accessible and understandable across the nation and around the globe.

Monetary policy remains accommodative and gradual rate increases are likely to be needed, Federal Reserve Vice Chair Richard Clarida said Thursday.

Analysts are more optimistic about repayment but still dubious about local government cooperation.