Finance

The municipal bond market on Tuesday priced the first of the week’s big new issues, before buyers turned their focus to the high-rated, but high-yielding sales tax securitization coming from Chicago on Wednesday.

The municipal bond market saw the first of the week’s big new issues price in the primary. Buyers will see about $3.35 billion of new deals hit the screens this week, with most of the volume coming on Wednesday and Thursday.

Moody's shifted the outlook on its A3 rating forSpringfield, Illinois, to negative.

Municipal bond buyers and traders expect $2.36 billion of negotiated deals and $986.4 million of competitive sales.

Tax-exempt issuance again dominates the calendar, after a week of mostly taxable deals .

A special-purpose corporation is selling nearly $800 million to refund some of the city's lower-rated GOs.

The municipal bond market will see $3.35 billion of new deals hit the screens next in a holiday-shortened week. Ipreo estimates weekly volume at $3.35 billion, up from $3.12 billion this week.

Fitch Ratings expects the Puget Sound region could see continued economic growth for two years.

Almost three years after sinking to the verge of a junk, New Jersey’s largest city received an outlook boost from Moody's.

The municipal bond market is gearing up for a lighter-than-average new issue calendar in a holiday-shortened week, with about $3.35 billion of bonds slated for sale.

New York City Councilmember Daniel Dromm will take over as Chair of the finance committee, assuming a key role in budget negotiations with the mayor’s office.

Municipal bond buyers gobbled up taxable supply from Pennsylvania and Illinois Thursday as the recent rise in yields slowed.

The public finance banking team is led by veteran banker Jack Holland.

Bob Spangler and Jim Tricolli will assume responsibilities as RBC's co-heads of municipal finance as Hamel steps away from the top-five underwriter.

Municipal bond buyers saw some taxable supply hit the screens on Thursday as the recent yield rise slowed and traders' attention shifted to next week’s holiday-shortened week.

S&P Global Ratings said it lowered its long-term rating on Missouri Western State University's (MWSU) series 2008, 2010B, and 2012 to BBB-plus from A-minus.

Municipal bond buyers are seeing the last of this week’s big deals hit the screens on Thursday as their eyes turn to next week’s new issue slate.

Muni yields rose as much as 10 basis points, as they weakened with treasuries on concern China may stop U.S. debt purchases

The ratings withdrawal impacts two Indiana bonds and various New York, and Virginia local government issues.

Morgan Stanley priced a big taxable deal and won a large note sale as yields on long-dated top-rated municipal bonds rose as much as nine basis points.