State of Texas

Municipal bond buyers are patiently awaiting sizable new issues to set the tone for the rest of the week.

Investors began lining up for the New York City Transitional Finance Authority’s nearly $1 billion building aid revenue bond offering on Friday.

Ipreo estimates weekly bond volume at $9.2 billion, consisting of $7.5 billion of negotiated deals and $1.7 billion of competitive sales.

Munis finished mixed as California State, Los Angeles Airport and L.A. County Facilities Inc. hit the market.

Municipals were mixed at mid-session as the last of the week’s big deals came to market, led by a bond offering out of California and a note sale from Colorado.

Requests for municipal bond identifiers rose in June for the fourth month in a row as the Dormitory Authority of New York sold $1.79 billion of bonds to a supply-starved market.

Municipal bonds were stronger at mid-session as a swell of supply swept into the market on Wednesday.

BlackRock says relative valuations and historical seasonal trends suggest favorable conditions for municipals.

Municipal bond buyers were seeing the first of the week’s deals come to market as two big competitive issues sold.

Munis were firm at mid-session as traders get set to see some much-anticipated supply hit the screens this week.

Municipal bond activity returns to a near-normal level as a slew of deals heads into the market, led by New York and California issuers.

Ipreo estimates weekly bond volume at $6.6 billion, consisting of $5.5 billion of negotiated deals and $1.2 billion of competitive sales.

Texas maintained its torrid pace of sales tax collections in June with its sixth monthly record in 2018.

Muni finished stronger Tuesday in an abbreviated trading session. Markets are closed Wednesday and trading will resume on Thursday.

Municipals were stronger as bond market participants were winding up their activity ahead of the early close.

Three rulings by the U.S. Supreme Court this term will have a lasting impact on the finances of many municipal bond issuers, Fiera Capital says.

Some Puerto Rico issues were trading lower on Monday after a federal watchdog approved a revised budget for the commonwealth over the weekend.

The municipal market will see only $74 million of deals in a holiday-shortened week, raising demand for supply the week after.

Ipreo estimates weekly bond volume at $73.8 million, consisting only of competitive sales and no negotiated deals.

Municipal market activity remained quiet Thursday afternoon wrapping up a week in which investors snapped up some large new issues.