Finance

Primary municipal bond market volume is expected to drop to $4 billion in the coming week, as one gigantic note sale is expected to be larger than the entire bond calendar.

The governor's adjustment protects the state's neediest districts but hits others hard.

The region's slipping volume reflected a national trend.

Ipreo estimates total bond volume for next week at $4 billion, down from a revised total of $5.9 billion this week, according to data from Thomson Reuters. Next week’s calculations do not include note sales.

Muni traders on Friday are looking ahead to next week’s lighter new issue slate, which will be dominated by a note deal, rather than a bond sale.

Top-rated municipal bonds ended mixed on Thursday, traders said, as the last big deals of the week came to market.

Illinois' school aid logjam may hurt the ratings of some vulnerable districts in the coming months, Moody's said.

Top-rated municipal bonds were steady at mid-session, traders said, as the last big deals of the week were heading to market.

Municipal bond traders will see the last big deals of the week come to market on Thursday, led off by sales from issuers in Colorado and Illinois.

Municipal bonds ended mixed on Wednesday, according to traders, as the gilt-edged state of Maryland came to market with competitive sales won by Bank of America Merrill Lynch and Citigroup.

Fitch Ratings said it has downgraded the ratings of the United States Virgin Islands and the USVI Public Finance Authority.

Municipal bonds were weaker at midday, according to traders, as the gilt-edged state of Maryland came to market with two competitive sales won by BAML and Citi.

The channels to communicate with investors – things like investor websites - make it easy and cost effective even for small bond issuers to do so effectively.

Municipal bond traders are set to see the state of Maryland come to market with two top-quality competitive sales on Wednesday.

Top-rated municipal bonds finished weaker on Tuesday, according to traders, as several big competitive deals sold in the primary market, led by a high-quality offering from Mecklenburg County, N.C.

Hazelden Betty Ford Foundation was dropped from the single A category by Moody’s Investors Service.

Chicago can't shake pension strains, CPS mess, and state dysfunction as it shows off economic and fiscal strides.

State-backed bonds will replace PABs that were headed for default as Indiana takes over a road project that's become a poster child for P3 woes.

Moody’s projects more utility privatizations as local issuers look to cope with financial distress and sidestep maintenance and compliance costs.

Top-rated municipal bonds were weaker at mid-session, according to traders, as several big competitive deals sold in the primary market.