Commonwealth of Massachusetts

Retail and institutional municipal bond investors hope volume of nearly $9 billion is a sign of consistent elevated weekly volume for the remainder of the year.

With nearly $9 billion in volume, thanks to a large refunding deal, market participants expect issuance will remain strong as issuers try to beat tax reform.

Refundings on the calendar for the week ahead spurred speculation that issuers may rush deals to market before they are banned by the GOP tax plan.

Top-shelf municipal bonds were stronger on Friday around midday, as market participants were still going over the details of the GOP tax reform bill.

The municipal bond market is still chewing over the details of the GOP tax reform bill, and considering its implications.

A handful of issuers took advantage of low activity Wednesday as the market anticipated the decision to keep the benchmark fed funds rate unchanged.

The primary municipal bond market saw a few deals trickle in on Wednesday, as the Federal Open Market Committee's announcement regarding interest rates nears.

The primary municipal bond market will see a handful of deals price Wednesday, as it waits for the Federal Open Market Committee to make an announcement regarding interest rates.

Municipal bonds were weaker at mid-session, according to traders, who are looking ahead to the next week's $10 billion new issue slate, which will be dominated by Illinois's $4.5 billion general obligation bond offering.

Municipals are little changed in early activity as the market gets ready to take on the biggest deal of the year — next week’s $4.5 billion Illinois general obligation bond offering.

Municipal bonds finished mixed in trading on Wednesday as issuers in New York and Massachusetts came to market.

Municipal bonds were trading mixed at mid-session as issuers in New York and Massachusetts hit the market with several big bond deals.

The municipal bond market will see large deals from the Northeast on Wednesday as issuers in New York and Massachusetts are set to offer bonds.

Municipal bond buyers will be seeing almost $5 billion of bonds hit the market on Tuesday, led by big sales from California and Illinois.

Municipal bonds finished mixed on Monday as an $850M New York City Transitional Finance Authority deal priced for retail investors.

Municipal bonds were unchanged at mid-session as the big New York City Transitional Finance Authority deal was priced for retail investors.

The municipal bond market will see more volume than it has in a while, as almost $10 billion of new deals are set to hit the screens this week.

The commonwealth will also issue GANs and commonwealth transportation fund revenue bonds in November.

Municipal bond traders will be gearing up on Monday to see this week’s $6.7 billion new issue calendar, which will get started in earnest on Tuesday.

Municipal bond traders are looking ahead to the weekend — and waiting for next week’s lighter new issue slate.