Finance

The municipal bond market is ready to see negotiated and competitive offerings hit the screens on Tuesday from issuers in New York, Washington, Ohio and Maryland.

Katy ISD's bond process is officially underway.

Indiana conference committees will settle differences on a new budget and transportation spending.

Wells Fargo dropped to eighth place among municipal underwriters, hurt by last year's phony accounts scandal. Citi maintained its lead in the ranking.

New York traders on Monday were looking over the retail pricing of the big NYC Transitional Finance Authority negotiated deal. Muni finished unchanged in quiet trading as Passover kept price action muted.

Municipal bonds were unchanged in quiet trading at mid-session, according to traders, who were awaiting the first deals on the week’s $5.69 billion holiday calendar.

The municipal bond market is looking at a holiday-shortened trading week, with most of the action jammed into Tuesday and Wednesday. New issue supply is forecast at $5.69 million.

Successful St. Louis and Kansas City tax and bond measures support their credit profiles.

St. Louis based SSM is turning to the taxable market to pay down debt and bolster its liquidity.

Municipal market participants will see a little more volume to go along with one less work day next week, on the heels of Friday's weaker-than-expected March employment report.

The termination of a casino revenue-sharing agreement with the Seneca Nation of Indians is a credit negative for Niagara Falls, according to Moody’s Investors Service.

Municipal bonds remained stronger at mid-session, after the March employment report came in weaker than expected and ahead of next week’s new issue calendar.

Municipal bonds strengthened in early activity, traders said, after the March employment report came in weaker than expected.

Illinois House Democrats pressed forward on an $800 million spending bill.

Municipal bonds ended stronger on Thursday as the last big deals of the week hit the muni market, led by the institutional pricings of the large Massachusetts and California offerings.

Energy Northwest is preparing to price $592 million of revenue and refunding bonds.

Municipal bonds were trading stronger at mid-session as the largest deal of the week hit the municipal bond market.

The largest deal of the week hit the municipal bond market early on Thursday with the institutional pricing of Massachusetts’ general obligation bond offering.

Moody’s Investors Service downgraded $13 billion in Puerto Rico bonds on Wednesday, citing increasing pessimism about recoveries on the bonds.

A federal appeals court upheld a stay on debt-related lawsuits in a key Puerto Rico lawsuit, reversing a lower court decision.