New York State Dormitory Authority

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

Municipal CUSIP requests increased in January on a year-over-year basis as new deals swarmed into the market.

The primary market was active on Tuesday as deals from the Dormitory Authority of the State of New York and the state of Texas hit the screens.

The state of Texas competitively sold bonds while the DASNY deal was priced for retail investors.

The muni market firmed up on Monday, ahead of what should be another busy week.

The municipal market should see another active week, while the strong demand from last week should carry over and be provided with an extra boost.

A warm reception is likely for the new issue supply that will be coming into the market.

The District of Columbia will be headlining next week's new issue slate with a $940 million deal.

Fresh off claiming the top municipal bond volume ranking in 2018, the Dormitory Authority of the State of New York is targeting another milestone year that expands its infrastructure reach.

Gerrard Bushell, CEO and president of the Dormitory Authority of the State of New York, discusses the conduit municipal bond issuer's number one rank in volume for 2018 and how the agency stays competitive. Andrew Coen hosts.