| Government Securities Prices | 10-year: 97 18/32 to yield 2.28, down 21/32 30-year: 94 25/32 to yield 3.41, down 12/32 |
|---|---|
| Municipal Bond Index | 122 29/32, down 6/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 04/04) | Total: $10.652 billion, down $1.401 billion Competitive: $3.583 billion, up $29.7 million Negotiated: $7.069 billion, down $1.431 billion |
| The MuniCenter List | Offering total: $8.381 billion, up $1.186 billion |
Hays County prevailed in its appeal of a district court ruling affecting nearly $440 million of general obligation bonds voters approved in 2024.
On the state P3 front, PennDOT aims to complete a review of a proposed $5 billion toll lane project next year.
Ohio Dominican University became the latest Midwest private religious college to run into financial trouble after it missed a bond payment.
Volume was robust last week, with a nearly $20 billion new-issue calendar, and while supply dips to $13 billion this week, it will end up higher thanks to four sizable prepay energy deals that priced on Monday and Tuesday.
Four deals were on the day-to-day calendar, "playing it close to the vest, and all of a sudden, boom, they all get done," said Pat Luby, head of municipal strategy at CreditSights.
A proposed $3 billion sports and entertainment district would involve bond issuance for a Dallas Stars hockey arena and public infrastructure.
