Markets

Bell, a public finance investment banker, founded the Charles A. Bell Securities Corp.

Coming off the primary market's most robust week of issuance this year, investors will see more than $6 billion hit the calendars this week – with almost a third of that issuance coming from one well-known California issuer.

Action in the municipal bond market got underway on Monday as two big deals hit the screens in early activity.

In the first tranche of its $800 million sale, West Virginia says residents will get an opportunity to invest in the state.

The Chicago Fed National Activity Index rose to 0.34 in April from a revised 0.32 in March, the Federal Reserve Bank of Chicago reported on Monday.

Municipal volume will sink to $6.36 billion, with the California issuer responsible for a third of the week’s paper.

S&P Global Ratings said the Bluegrass state has become more vulnerable to fiscal stress.

The decline in the unemployment rate is mostly due to emigration, a challenge as the territory restructures its debt.

The district priced debt Thursday at narrower spreads than it faced in a November sale.

Facing a May 31 deadline to issue the $1.15 billion of PABs, All Aboard Florida asked the federal transportation agency for extra time to sell the debt.