The Treasury Department said it will auction $13 billion 29-year, 11-month bonds on March 14.
The notes settle March 15 and are due Feb. 15, 2042.
April's volume stood at $40.456 billion in 653 issues, up 21.2% from $33.377 billion in 666 issues in 2023.
The deal, originally planned at $1.5 billion in three maturities, was downsized and restructured and then restructured again into one 10-year bullet maturity.
The Chicago Bears unveiled plans for a new domed lakefront stadium they say would cost about $4.7 billion total and involve $900 million in new bond financing.
In the last few weeks projections from LUMA Energy indicate the authority can afford to pay more bond debt, opposing bond parties say.
While munis were steady Tuesday, yields have risen over the past several weeks as "larger supply is part of a strong [year-to-date] trend for tax-exempts," said Matt Fabian, a partner at Municipal Market Analytics.
The firm violated MSRB Rules G-15 on confirmation, G-8 on books and records and G-27 on supervision, FINRA found.