City of Houston, TX

The municipal bond market saw more supply hit the screens on Wednesday, topped by New York City’s big general obligation bond offering.

Led by issuers in New York, Minnesota and Michigan, municipal bond buyers saw more supply head their way on Tuesday.

The early birds caught New York City general obligation bonds, as RBC priced an $810 million offering to retail buyers to start a busy primary week.

Buyers vied for volume as a bevy of bonds priced in the primary on Wednesday.

Municipal bond buyers on Tuesday snapped up deals from New Jersey, New York City and Texas issuers.

Municipal bond buyers were rewarded as a bevy of new deals hitting the market on Tuesday.

The week's primary activity got off to a mixed start as the NYC TFA rounded up more retail orders on its big sale.

Investors began lining up for the New York City Transitional Finance Authority’s nearly $1 billion building aid revenue bond offering on Friday.

Ipreo estimates weekly bond volume at $9.2 billion, consisting of $7.5 billion of negotiated deals and $1.7 billion of competitive sales.

Requests for municipal bond identifiers rose in June for the fourth month in a row as the Dormitory Authority of New York sold $1.79 billion of bonds to a supply-starved market.