Finance

The municipal bond market has had a rough start to 2018, according to a panel of buy and sell side experts at The Bond Buyer‘s Texas Public Finance Conference in Austin.

Working amid uncertainty in the equity and fixed-income markets, the Connecticut Housing Finance Authority held an oversubscribed fixed-rate bond sale.

Analysts say states' and cities' unfunded infrastructure should be viewed as a liability, along with debt, pensions and other post-employment benefits.

The municipal bond market on Wednesday was taking stock of Pennsylvania’s successful sale of over $1.5 billion of tobacco bonds.

Pennsylvania sold a tobacco bond deal to receptive buyers, who liked the security pledge, timing and partial insurance.

With fewer incentives to buy tax-exempt debt under the new tax law, Texas municipal bond industry leaders confront a changing market.

An upsized Pennsylvania tobacco deal prices into a market where buyers are looking for both higher yield and security.

BondLink's websites are designed to provide ongoing disclosure about issuers.

Siebert Cisneros Shank brought in the former Ramirez banker to bolster its Chicago office.

A lack of supply, price direction, and yield -- yet an abundance of uncertainty -- made for a manic Monday in the municipal market.

The commonwealth, in the face of a lawsuit and against a backdrop of budget stride, intends to proceed with its $1.4 billion sale.

Munis were being pressured by a lower-than-average new issue calendar, while a report advised investors how to deal with market volatility.

The municipal market is starving for supply and it will remain that way with another meager weak of issuance, while investors keep their cash on the sidelines amid ongoing equity volatility.

The Detroit-based university will sell $120 million in general revenue bonds.

Municipal bond buyers looking for deals will again have to be satisfied with a smaller-than-average calendar for next week.

In the week ended Feb. 8, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.98% from 3.94% the previous week.

Muni pros said the move by U.S. Bank to reorganize is a sign of the times, driven by regulations, technology, and legislation.

Wariness was the word among municipal bond market participants on Thursday as yields began to march back higher.

It made cuts in its banking, sales, and trading staff Wednesday, sources told The Bond Buyer.

Stephens Inc. plans to expand its Texas offices after hiring Curt Shelmire in Dallas and Kevin Jackson in Austin.