City of Houston, TX

The latest report from the state comptroller says $876.8 million was distributed to cities, counties, transit systems and special purpose taxing districts.

Dozens of deals hit the screens on Wednesday, with offerings from Massachusetts and New York issuers headlining the supply slate.

A surging population and a healthy economy kept local governments riding high in sales tax revenue for the first half of the year.

Municipal CUSIP requests declined in July after four straight months of volume increases, suggesting a slowdown in issuance ahead.

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.