| Government Securities Prices | 10-year: 98 2/32 to yield 2.22, down 9/32 30-year: 97 18/32 to yield 3.00, down 27/32 |
|---|---|
| Municipal Bond Index | 124 15/32, down 2/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 11/4) | Total: $8.242 billion, down $1.772 billion Competitive: $3.313 billion, down $383.5 million Negotiated: $4.929 billion, down $1.388 billion |
| The MuniCenter List | Offering total: $12.500 billion, up $64.8 million |
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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.
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KeyBanc Capital Markets will price for the Ohio Water Development Authority $160.1 million of water development revenue and revenue refunding bonds on Tuesday.
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"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.
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The new rules governing low-income housing tax credits and private are already affecting the development of affordable housing.
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The company has completed construction contract negotiations, which a bondholder said provides cost certainty and allows the company to focus on raising full financing.
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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.
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