State of California

The big New York City and California deals are dominating investors’ attention this week as municipals turned weaker.

The New York City Transitional Finance Authority and the New York Metropolitan Transportation Authority were in the market on Wednesday.

Retail investors lined up to get first crack at the New York City Transitional Finance Authority deal.

The New York City Transitional Finance Authority began the first of a two-day order period geared toward retail investors.

The week’s $3.6 billion new issue calendar will be dominated by New York City and California.

Municipal bond buyers will see $3.6 billion of volume hit the screens during the upcoming holiday-shortened trading week.

Municipal bonds showed strength on Thursday as market participants look ahead to next week.

Municipal bond market participants were wrapping up the last of the week’s primary supply and looking ahead to next week’s holiday-shortened trading week.

Two deals from state issuers came to market on Wednesday as municipal bond buyers were treated to much needed volume.

A Massachusetts negotiated deal and Washington state competitive sales led primary issuance on Wednesday.