State of California

Municipal bonds were steady at mid-session as the market eyes a chunky new issue calendar, topped up by the return of Illinois with a multi-billion dollar bond offering on Wednesday.

Municipal bond market participants are returning to work on Monday looking at another chunky new issue calendar, topped by the return of Illinois with a multi-billion dollar bond offering that aims to pay off some of the state’s overdue bills.

The primary muni market is set another busy week with $10 billion in new paper, as one deal from Illinois accounts almost half of the negotiated calendar.

Municipal bonds were weaker at mid-session, according to traders, who are looking ahead to the next week's $10 billion new issue slate, which will be dominated by Illinois's $4.5 billion general obligation bond offering.

Municipals are little changed in early activity as the market gets ready to take on the biggest deal of the year — next week’s $4.5 billion Illinois general obligation bond offering.

The firm's win on a competitive California GO deal underscores efforts to keep its hand in the new-issue business.

The state’s high-speed rail program still faces a long journey to completion beset by lawsuits and political opponents.

Top-shelf municipal bond yields dropped as many as five basis points, as about half of the week’s issuance is flowed into the primary market.

The state is $666 million ahead of budget projections for the first quarter of fiscal 2018.

Municipal market participants have their hands full on Tuesday, as roughly half of the week’s issuance is flowing into the primary market.

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

Treasurer John Chiang extended his office's sanctions against the firm for a second year.

Municipal bonds finished mixed on Monday as an $850M New York City Transitional Finance Authority deal priced for retail investors.

The primary market is getting something it has been seeking for a while, with $10 billion of new supply on the docket. The New York City Transitional Finance Authority, California and Illinois are set to bring almost half of the week's supply.

Municipal bonds were unchanged at mid-session as the big New York City Transitional Finance Authority deal was priced for retail investors.

The municipal bond market will see more volume than it has in a while, as almost $10 billion of new deals are set to hit the screens this week.

The primary muni market is set for nearly $10 billion in weekly volume, as deals from Illinois, New York and California dominate the calendar.

Top-shelf municipal bonds were stronger at mid-session, according to traders, who are looking ahead to the next week's almost $10 billion new issue slate.

A 15-bill housing package includes $4 billion in bonds.

Bank of America Merrill Lynch held its No. 1 ranking among municipal underwriters as the biggest firms battled for deals in a shrinking market for new issuance.