State of Colorado

Underwriters priced the New York Metropolitan Transportation Authority’s $2 billion advance refunding deal for institutions on Tuesday, the last big offering of the week.

Underwriters priced the New York Metropolitan Transportation Authority’s $2.2 billion advance refunding deal for institutions on Tuesday. In secondary trading, municipals turned weaker.

Underwriters priced the New York Metropolitan Transportation Authority’s $2.2 billion advance refunding deal for institutions on Tuesday. The green bonds were offered to retail buyers on Monday, who ordered about $770 million of the bonds, according to a market source.

Declining funding for Colorado's retirement accounts led S&P global ratings to revise the state's outlook to negative.

Top-shelf municipal bonds were stronger at mid-session, according to traders, who were looking ahead to next week’s new issue calendar. which Ipreo estimates at $7.66 billion.

Municipal bond traders are waiting to see how much volume the market will encounter next week as they eye volatile muni yields.