State of California

Issuance was down 27% in the region from the first half of 2017, and almost 30% in California, its largest market.

Municipal bond market participants are seeing the last of this week’s new issues come to market on Thursday, led by issuers from New York and Massachusetts.

Both the big Illinois bond deal and the giant Texas note sale were warmly received by investors Wednesday.

Illinois came to market on Wednesday with over $900 million of bonds while Texas sold a massive note deal in the competitive arena.

Municipal bond buyers saw some new offerings come to market on Tuesday, led by a Denver city and county deal.

The measure, which may be on the ballot in 2020, would lift the Proposition 13 limit on commercial property tax assessments.

Municipal bonds were firm and little changed on Tuesday as new issue supply started to price.

Texas headlines the week's slate as it prepares for a mammoth note sale while Massachusetts prepares large short-term sales of its own.

Texas will take center stage next week with its mammoth note sale.

The Port Authority of New York and New Jersey, the New York Metropolitan Transportation Authority, and Connecticut capped a busy week in the muni market.