New York City Transitional Finance Authority

The long-awaited bond deal for the American Dream mall project in New Jersey came to market on Wednesday and the New York City Transitional Finance Authority’s offering was priced for institutional investors. In secondary activity, municipal bonds were unchanged at mid-session.

Municipal bond traders are girding for more volume on Wednesday, with the institutional pricing of the New York City Transitional Finance Authority deal leading the pack.

Municipal bonds ended steady on Tuesday as billions of dollars in new supply hit traders' screens, led by competitive bond deals from the states of Georgia and Massachusetts and Chicago's O'Hare airport.

Municipal bond traders are getting ready to see lots of new deals hit the market on Tuesday, with several large competitive sales coming from issuers in Georgia and Massachusetts.

Municipal bonds finished unchanged on Monday as a big New York City deal was offered to retail buyers.

Municipal bonds were unchanged at mid-session as traders gear up for this week’s above average slate of new issues.

Municipal bonds were unchanged in early activity as the the market gets set to see an above average slate of issues hit the screens this week.

The primary market is set to heat up next week, as buyers will be chomping at the bit for what is expected to be the second highest volume total of the year.

The New York City Transitional Finance Authority plans to sell about $850 million of tax-exempt fixed rate bonds on Wednesday, June 21, after a two-day retail order period.

New York City should execute its capital projects more efficiently, officials and watchdogs say.