State of Washington

Municipal bond issuance jumped 29.2% in February, and may climb further as the initial effects of the 2017 tax act fade.

The primary market was active on Tuesday as deals from the Dormitory Authority of the State of New York and the state of Texas hit the screens.

Duane Davidson recommended more use of pay-go financing, instead of borrowing, in the state's debt affordablity report.

Washington state and Hawaii kicked off action in the primary market on Tuesday.

Washington state highlighted primary market action with the sale of $640 million of general obligation bonds.

The municipal bond market is in good shape ahead of this week’s $7.2 billion new issue slate.

Municipal bonds were mostly stronger at midday ahead of the week's attractively sized new issue slate.

Attention in the municipal bond market turns westward as some of the week's biggest deals will be coming from Hawaii, Washington state and the Los Angeles County Metropolitan Transportation Authority. Buyers will see the biggest issuance week of the year as $7.2 billion of deals will hit the screens.

Municipal primary volume will surge to $7.2 billion in the week of Feb. 4 from a revised total of $3.8 billion the previous week.

Ipreo forecasts weekly bond volume will surge to $7.2 billion from a revised total of $3.8 billion this week.