State of California

Municipals were mostly stronger at mid-session as the last of the week’s big deals came to market.

Volatility in the equity market spurred a flight to quality.

Municipals were stronger at mid-session as new supply started to trickle into the market.

Puerto Rico bonds gained in a mixed muni market as a revised fiscal plan projected a bigger surplus.

Municipal bonds were stronger on Monday ahead of this week’s rather paltry new issue supply calendar.

Municipal bond supply plunges to under $6 billion next week after seeing over $10 billion of new issues priced this week.

California revenues were $1.03 billion ahead of estimates in the first quarter of the fiscal year, according to the state's Department of Finance.

The last of the large municipal bond deals came to market on Thursday, led by a $1.5 billion healthcare offering from Ohio.

Proposition 4 would authorize $1.5 billion in state GO bonds for 13 childrens' hospitals around the state, eight of them private nonprofits.

Things began to quiet down in the municipal bond market on Thursday, as most of the big deals have come and gone for the week.