Finance

Adverse market conditions delayed the $1.3 billion deal from Chicago’s Sales Tax Securitization Corp.

The $33.4 billion of issuance — the second-biggest monthly total of the year — did little to raise hopes for a fourth-quarter resurgence.

The busiest day of the week, and a good test for the market, lies ahead.

Moody's Investors Service upgraded LAX ahead of the deal, bringing the subordinate bonds to the AA-minus level across the board.

The defense team accused the SEC of a "gross abuse of power."

The Massachusetts Housing Finance Agency priced a $79 million refunding sale of Series 2018C taxable housing bonds.

The muni market starting saw a steady stream of issuance of Tuesday, preceding a big wave of deals that are expected on Wednesday.

The municipal bond industry has been following the rest of Wall Street down the path to a cold world of statistics driven by algorithms and various formulas to try to perfect an imperfect product.

The backloaded maturity schedule of the debt brings comparisons to the city's supposedly abandoned "scoop-and-toss" practices.

Moody's Investors Service cut the outlook for the system, already rated at junk Ba1.

Nineteen deals on the schedule are $100 million or larger, including the $1.3 billion Chicago securitization transaction.

The municipal bond market is gearing up for what should be a busy week, with a bunch of good sized deals and one mega deal.

Municipal bond volume is set to rise in the last week of October.

The number of MSRB-registered dealers has fallen by almost one-third since 2009 and FINRA and the MSRB have some concerns about it.

Municipal bond supply takes a leap forward next week as Chicago’s Sales Tax Securitization Corp.’s $1.31 billion deal headlines the new issue calendar.

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.

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

It's twice as nice for our listeners as The Bond Buyer packages two market podcasts into one. Reporter Christine Albano interviews Michael Pietronico, CEO of Miller Tabak Asset Management, on what's happening in munis while Chip Barnett speaks with contributing editor John Hallacy about current market trends.