| Government Securities Prices | 10-year: 98 6/32 to yield 2.21, up 26/32 30-year: 97 6/32 to yield 3.02, up 16/32 |
|---|---|
| Municipal Bond Index | 122 24/32, up 11/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 09/18) | Total: $7.510 billion, up $1.043 billion Competitive: $2.839 billion, up $25.4 million Negotiated: $4.671 billion, up $1.017 billion |
| The MuniCenter List | Offering total: $12.996 billion, down $392.6 million |
Munis got a bit oversold on Thursday, SWBC's Chris Brigati said. Next week's lighter calendar and FOMC meeting should help stabilize the market.
KeyBanc Capital Markets will price for the Ohio Water Development Authority $160.1 million of water development revenue and revenue refunding bonds on Tuesday.
"We look forward to receiving stakeholder comments, which will inform our proposal and next steps in modernizing this important segment of the municipal securities market," MSRB's Ernesto Lanza said.
The new rules governing low-income housing tax credits and private are already affecting the development of affordable housing.
The company has completed construction contract negotiations, which a bondholder said provides cost certainty and allows the company to focus on raising full financing.
The incoming Bond Buyer Hall of Famer combined legal training, investment banking and financial advisory experience to solve complex financings — and used that range to help develop the industry's next generation.
