Markets

Municipal bonds were stronger in late trading as West Virginia and the Regents of the University of California came to market.

The investment bank attributed the exit of 15 from the public finance team to market conditions and a strategic review.

Muni market groups got a long-awaited win when the House passed banking legislation classifying certain munis as high-quality liquid assets, even if it wasn't as big a win as hoped.

Water, wastewater, and securitization deals, and possibly an O'Hare airport sale, are still to come from Chicago this year.

Municipal bonds were stronger at mid-session as several big deals hit the market.

The Walton Family Foundation provided seed funds to create two “innovative” financing vehicles for charter school facilities.

New single-family home sales fell by 1.5% to 662,000 in April following downward revisions to the sales pace in both February and March.

Franklin County will sell $250 million of tax-exempt, local government special tax revenue bonds.

West Virginia increased the amount of its competitive sales planned for Wednesday by almost 30% to save money.

Lawmakers in the 27-member Florida delegation in the House are divided about whether more private-activity bonds should be used for Brightline's 235-mile passenger rail line.