State of Wisconsin

A steadier market gave Wisconsin the opportunity to move last week on a long-stalled refunding that notably offered a forward delivery piece.

As some states see new coronavirus lockdowns, municipals maintain stalwart position.

The Wisconsin Center District deal provides some expansion financing and near-term debt relief after the agency was stung by lost conventions and tax revenue.

Wisconsin officials are still assessing the potential impact on its general fund revenues.

The state applied the green designation to the $80 million deal, but didn't obtain third party verification.

The municipal market saw a plethora of deals come in while secondary market trading showed some weakness on AAA benchmarks.

Wisconsin's capital finance director says the market offers savings on state bonds he never thought would be refunding candidates.

The public agency that owns the city's convention center will consider the expansion project and a financing plan next month.

Wisconsin Gov. Evers said he remains open to an income tax cut but only if it's accompanied with more education funding and property tax relief

If the new projections bear out Wisconsin would bolster cash and reserve balances while trimming a longstanding GAAP deficit

Despite tax-exempts being expensive, strong technicals are likely to extend into February.

The state sold tax-exempt refunding debt at 2019 rates but won't deliver them until 2021 when the call date of the original bonds is reached.

Wisconsin's latest and historical financials, ratings, offering statements, and contacts are now available at Wisconsinbonds.com

Municipals spent Thursday following the rally in Treasuries, with new issues dominating the focus.

The state sells $268 million of GOs competitively this week while officials weigh refunding opportunities.

After seeing a whopping $52 billion of new issuance in October, the new paper will continue to flood the market during the busiest week of the year.

This Halloween week will see a multitude of municipal bond deals come to market.

With interest rates likely to fall lower after Fed policy makers meet, already favorable market conditions for municipal issuers will get even better.

Wisconsin will refund $622 million of taxable 2008 bonds in a sale that sheds swaps tied to Libor.

Municipal bonds were on the move Wednesday as two big issuers came to market with over $1 billion of transportation bonds.