Markets

The MSRB plans to roll out changes to simplify the submission process on EMMA.

The city will bring $700 million of GO bonds in a tight window after an Illinois deal and before the city's mayoral runoff election.

January wholesale inventories increased by 1.2%, vs. a 0.1% rise expected.

The pace of existing home sales jumped by 11.8% to a 5.51 million annual rate in February, well above the 5.10 million rate expected.

The deal received $3 billion in orders, allowing the finance team to trim yields.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.96 from 3.99% the week before.

Municipal bonds remained stronger on Thursday as deals from Indianapolis and California issuers came to market.

Federal transportation officials authorized another $950 million in private activity bonds for Brightline, also known as Virgin Trains USA.

The new amendments would increase transparency and equal access to information, the MSRB said.

NABL suggested expanding private activity bonds to a new category for public roads, tunnels, and bridges.