New Jersey Economic Development Authority

The municipal primary heats up on Thursday as the New Jersey Economic Development Authority gets ready to come to market with $381.195 million of state lease revenue bonds.

While Wall Street firms agree that municipal bond volume will drop from 2017, their estimates of how much range from 8% to 34%.

Municipal bonds are mixed at mid-session as the market awaits the start of this week's new issue activity.

The municipal bond market is waiting to see this week’s new issues as bonds traded mixed in early activity.

As stocks surged and Treasuries swooned, municipal bond traders gauged the direction of yields as they looked ahead to what may be a downturn in issuance this year.

As stocks surge and Treasuries swoon, municipal bond traders bide their time gauging the direction of yields.

Municipal bond traders were returning to their desks on Tuesday with their eyes fixed on falling yields as they await a rather quiet primary market.

The municipal bond market will see a shortage of new supply kicking off the new year, after experiencing a record-breaking month in which almost $63 billion of bonds sold.

A second lawsuit was filed seeking to stop Gov. Chris Christie’s borrowing plans for new state office buildings.

The municipal bond market will see a shortage of new supply going into the new year, after experiencing a record-breaking month in which more than $61 billion of bonds sold.

With the primary market at a standstill Thursday, attention turned to the first major deal of the New Year, a planned sale by the New Jersey Economic Development Authority that’s being challenged in court.

While there are no major bond issues on the slate for Thursday, one deal that is garnering some attention is next week's $381 million offering from the New Jersey Economic Development Authority

Breakneck action continued in the primary market as issuers flooded the market ahead of the tax reform vote, in order to get deals closed before the end of the year.

The action continued on Tuesday in the primary market as issuers flooded the market ahead of the tax reform vote, in order to get deals done and closed before the end of the year.

The week got off to a fast start on Monday and will pick up right where it left off on Tuesday, as issuers are doing what they can to get deals done and in the books before yearend. Tuesday is expected to be one of the last busiest primary days of the year.

New Jersey Gov. Chris Christie urged his successor to reduce health benefits for public employees as a way to fund the state’s underfunded pension system.

Thursday's $24.3 million deal Thursday comes with a low-investment grade rating.

Top-shelf municipal bonds were unchanged at midday, according to traders, who are looking ahead to next week’s smaller-than average $4.97 billion new issue calendar.

Municipal bond traders on Friday are looking ahead to next week’s new issue calendar, which will be headlined by deals from a New York State issuer.

The New Jersey Economic Development Authority achieved strong demand during Wednesday’s $350 million school facilities construction bond sale to help generate millions in savings for the Garden State.