The Treasury Department announced Thursday that it will sell its $28 billion seven year notes on Friday instead of Thursday due to a technical issue.
Noncompetitive bids are due at 11 a.m., competitive bids are due at 11:30 a.m.
"Competitive and noncompetitive bids that have been submitted will still stand, but bidders may review and update bids until the auction closes," Treasury said in a statement.
Oregon Gov. Tina Kotek canceled plans for a Salem data center in July. Her new edict goes further.
This week's new-issue calendar is sizable, NewSquare Capital's Kim Olsan said, given fairly light September redemptions. Around a third of the $15 billion calendar is tied up in deals from New York City and Alabama.
The incoming Bond Buyer Hall of Famer helped build Citi into a dominant municipal underwriting franchise by making complex finance understandable, actionable and useful to issuers.
A proposal for raising tax revenue includes eliminating the tax exemption for municipal bonds, a fundamental part of the muni market.
The system's board of regents authorized the issuance of triple-A-rated Permanent University Fund and revenue financing system bonds during fiscal 2027.
Academy Securities has big visions and a fresh commitment to its municipal finance practice.
