The Treasury Department said Thursday it will auction $42 billion 91-day bills and $36 billion 182-day discount bills Monday.
The 91s settle Nov. 3 and are due Feb. 4, 2017, and the 182s settle Nov. 3 and are due May 4, 2017.
Currently, there are $49.998 billion 91-days outstanding and no 182s.
"The reason the number [of trade counts] is a record and not just elevated is structural, and it's been building for years," said Josh Rosenblum, head of municipal trading strategies at Brownstone.
Oregon State Rep. Paul Evans proposed a grant program that would fill budgetary gaps for small cities at risk of closing what he deems as essential city services.
Norman Regional Health System says it will use interim financing to make a Sept. 1 debt service payment that bondholders agreed to delay.
The plan aims to fundamentally change how the state collects tax revenue, aiming to eventually shrink the income tax to nothing.
The high-yield muni fund's collapse in 2025 showed the dangers of investing in a market where liquidity is famously limited.
The incoming Bond Buyer Hall of Famer helped drive stronger disclosure, pioneer electronic credit research and broaden the information analysts use to assess risk.
