State of Texas

New money deals helped issuance rise for the third straight month in May.

Municipal bonds were stronger at midday, holding onto hefty gains made earlier in the week as the last of the week’s larger deals came to market.

Municipals participated in a safe-haven trade on Wednesday following the Treasury-led rally on Tuesday.

Municipal bonds on Wednesday added on to the gains made during Tuesday’s rally.

Municipal bonds were stronger ahead of Friday’s early close as the market will be greeted with $3.4 billion of new issue supply next week.

Municipal bonds were mostly stronger in late trading on Thursday as market activity slowed ahead of Friday’s shortened trading session.

Municipal bonds were stronger in late trading as West Virginia and the Regents of the University of California came to market.

Municipal bonds were stronger at mid-session as several big deals hit the market.

West Virginia increased the amount of its competitive sales planned for Wednesday by almost 30% to save money.

Municipal bond volume slips back down to a more average level next week, after the market saw the biggest slate of the year hit the screens this week.