Finance

Municipal bonds were little changed on Monday as supply concerns prompted Bank of America Merrill Lynch to cut its 2018 forecast to $365 billion of issuance.

Education banker John Baracy has opened Raymond James’ first public finance office in Los Angeles.

Bank of America Merrill Lynch has revised its forecast for yearly municipal bond volume down to $365 billion.

Muni analysts doubt that either major-party candidate for governor has the solutions to Illinois' many fiscal problems.

Municipal buyers expect the city of Los Angeles to hit the market running as it plans to competitively sell almost $1.9 billion of notes and bonds.

The condition of Florida’s economy and finances led Moody's to upgrade the state to Aaa.

Municipal buyers will see a $5.3 billion new issue calendar next week, with the biggest deals coming out of Los Angeles.

Cash flow pressures drove a downgrade of Stockton University as the New Jersey public college prepares to open an Atlantic City campus.

Municipal bonds held onto gains as buyers saw two big deals come to market on Thursday.

Municipal bond buyers were seeing the last of the week’s big sales come to market as munis were stronger in quiet secondary activity on Thursday.

The Kinney County Public Facility Corp. issued $9.23 million in project revenue bonds to finance the the warehouse style building with 384 beds for adults.

Municipal bonds were stronger on Tuesday as California’s $1.7 billion tobacco bond deal received $15 billion in orders.

Three straight years of budget surpluses led S&P Global Ratings to upgrade the Nassau County town of 766,000.

The firm is expanding at its St. Louis headquarters, where it says it wants its sales professionals to be housed.

Municipal bonds were stronger on Tuesday as California’s big tobacco bond deal was priced for institutions.

Morgan Stanley won the auction for both tranches of $261 million of debt.

Municipal bonds were ending stronger on Tuesday as several large, high-grade deals led by Georgia and Denver swept into the market.

The number of muni market dealers has fallen off even as trading activity remained stable, an MSRB report finds.

The authority, one of the largest municipal issuers, will substitute a Bank of Tokyo-Mitsubishi letter of credit with State Street.

Illinois and Pennsylvania are the only two with a negative rating outlook, Fitch Ratings said Tuesday.