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The muni market is "well-positioned for strategic opportunities, with strong inflows driven by the current narrative and eased secondary selling pressure," said James Pruskowski, chief investment officer at 16Rock Asset Management.

The sale follows the utility's successful initiation of two nuclear power units in the last 13 months.

Initiatives planned for the Nov. 5 ballot raised concerns in the state's municipal bond market over higher borrowing costs and litigation.

With Chairman Tom Carper retiring, the key committee will be under new leadership regardless of the election outcome.

The bonds will fund infrastructure in one of 21 community development districts that have built the age-restricted 55-and-up Villages to more than 76,000 homes.

Nebraska Gov. Jim Pillen signed into law a package of bills that includes caps on spending authority for local cities and counties.

The Investment Company Institute reported more than $1.3 billion of inflows into muni mutual funds. The last time inflows topped $1 billion, per ICI data, was for the week ending Feb. 7. LSEG Lipper has reported weeks with $1 billion plus inflows on July 31 and May 8.

ICE's and MarketAxess's networks are "complementary," said Peter Borstelmann, president of ICE Bonds, as the former is "deep and rich" in the retail wealth segment, while the latter is "deep and rich" in the institutional space.

The House bill supported by the coalition would allow municipal bond holders to transfer the securities to the bank in exchange for stock.

Tensquare and its partner Karl Jentoft were charged for acting as an unregistered municipal advisor in eight offerings for charter schools in Minnesota.