State of Texas

Municipals were stronger in quiet activity on Monday as the market looks ahead to new competitive sales.

An $8.4 billion bounty in state revenue puts Texas in its best position in years to resolve school funding woes.

Another week of sub-average issuance lies ahead for the muni market.

The municipal bond market will feel like it’s still on vacation next week as supply hovers around holiday week type levels.

Municipal bonds finished mostly stronger on Thursday as deals from issuers in Connecticut and New Jersey dominated action.

Municipal bonds were mostly stronger as action in the primary slowed.

Deals from Hawaii, Colorado,and Virginia hit the market Wednesday as munis turned mostly weaker.

Municipal bond buyers were treated to some new supply on Wednesday as deals from issuers in Hawaii, Colorado and Virginia came to market.

Municipal bonds lost early strength and finished mixed on Tuesday as traders returned to work after the Dr. Martin Luther King holiday.

Municipals were stronger Tuesday ahead of this week’s $5 billion new issue calendar.

A trader said lack of follow-through on long new issues continued to plague the market as the weekly calendar shrank to $5B of issuance.

The municipal bond market is prepping for around $5 billion of new issuance in the upcoming holiday-shortened week.

Two lone deals priced on Thursday to close out new issuance for the week.

A few remaining municipal bond deals hit screens on Thursday to wind down the week's issuance.

The primary municipal market chugged along on Wednesday, as the two biggest deals of the week priced.

The action continued in the municipal bond primary market, as the two biggest deals of the week were priced.

Buyer sentiment barely budged as new issuance flooded the muni market on Tuesday.

New deals were rolling in, with timing benefiting issuers as the market firmed.

The municipal bond market will see a plethora of deals hit screens for both institutions and retail, as sellers look for a change in buyer psychology from last week.

Issuance in Texas during 2018 was down 23% from 2017, reflecting a national slump that followed federal tax law changes that ended advance refundings.