New Jersey Economic Development Authority

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.

Bonds were hit hard as tax reform details were disclosed.

Tax reform news and interest rate worries have caused muni yields to spike, according to traders, as more supply hits.

After an extremely busy day, the primary muni market will pick up right where it left off — as another big wave of issuance is expected to hit.

Top-shelf municipal bonds were stronger at midday, according to traders, who are looking ahead to next week’s new issue calendar, which is estimated to total $7.42 billion.

Municipal bond traders on Friday are looking ahead to next week’s new issue calendar, which will be dominated by big bond deals from New York City and Maryland.

Top-rated municipal bonds finished stronger on Thursday, traders said, as the week’s largest deal came to market — the New Jersey Economic Development Authority’s $583 million sale.

Top-rated municipal bonds were stronger at mid-session, traders said, as the week’s largest deal came to market — the New Jersey Economic Development Authority’s $554 million sale.

Municipal bond traders are set to see the week’s largest deal come to market on Thursday — the New Jersey Economic Development Authority’s $595 million offering.

Top-quality municipal bonds ended mixed on Wednesday as the big Honolulu and Pennsylvania sales hit the screens.

Top-quality municipal bonds were stronger at midday as buyers look ahead to the big Honolulu sale set to hit the screens on Wednesday.