San Diego Association of Governments

Fitch Ratings affirmed its A-minus rating and positive outlook for toll revenue bonds issued for the South Bay Expressway.

Municipal bonds were markedly weaker at midday as market participants remain fixated on the newly released Senate tax reform proposal and how it compares with the House version.

Municipal bond market participants are scanning the news closely for details of tax reform provisions that affect them.

The last of the week’s big municipal bond deals came to market on Thursday – both from California issuers – as municipals finished weaker in secondary trading.

The last of the week’s big municipal bond deals came to market on Thursday as municipals wavered in mid-session trade.

Municipal bond buyers will be seeing almost $5 billion of bonds hit the market on Tuesday, led by big sales from California and Illinois.

Top-shelf municipal bonds ended mixed on Friday ahead of a smaller-than-average new issue calendar that is dominated by a variety of offerings from the Dormitory of the State of New York.