NEW YORK – Tax-exempt bonds in the new issue market are being priced well despite a rally in the stock market and weaker Treasuries, traders said.

“Deals are going OK,” a Los Angeles trader said. “We are taking indication periods for our deals and the long bonds are off and Municipal Market Data is cutting prices, but we are seeing very good interest.”

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.