New York City Transitional Finance Authority

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.

While munis turned in a mostly solid performance on Monday, a Charles Schwab & Co. report said they are less likely to outperform Treasurys in the second half.

Munis were firm at mid-session as traders get set to see some much-anticipated supply hit the screens this week.

New York City's surplus for Fiscal 2018 will be used to help balance the Fiscal 2019 budget.

The Independent Budget Office said state mandates are putting a burden on New York City finances.

As a wave of new municipal bond deals swept into the market, munis weakened in secondary action.

Municipal bonds turned weaker on Tuesday as a wave of deals swept into the market.

Municipal bond buyers are eagerly awaiting the biggest new issue calendar of the year, as almost $10 billion of supply is slated to hit the market this week.

The municipal bond market is gearing up for the biggest volume week of the year, with issuers estimated to bring just under $10 billion of new paper.