State of Wisconsin

As we enter the fourth quarter, municipals continue their remarkable performance with the market continuing to follow trends of demand outstripping supply and inflows into the asset class.

Low taxable rates will allow the state to reap 10% present value savings while advance refunding $285 million of tax-exempt GO debt.

The muni market started the week hitting the ground running as the second biggest deal of the week priced along with a few others on what was a active Tuesday.

The new budget draws down fund balances for new spending and tax relief but improving reserves and fully funded pensions cushion the state's ratings.

New-issue supply started to trickle into the market Monday, a thin stream that will turn into a torrent by week’s end.

The New York MTA is set to issue $50 million of variable rate revenue bonds on Clarity Bidrate Alternative Trading System, highlighting the uptick in usage of variable rate debt.

Lawsuits accusing banks and broker-dealers of fraud in the variable-rate demand obligation market helped cement the decision to use the platform.

Municipal bond sales sank 28.2% from April 2018 as issuers awaited clarity on federal infrastructure plans.

The new governor included the fuel tax in his budget plan, which would spend $83.4 billion over the next two-year budget cycle.

Mt. Pleasant, Racine County, and the Wisconsin state government all face risks if the Taiwanese manufacturer can't deliver on its big promises.

Capital finance director David Erdman says VRDO fraud lawsuits piqued his interest in Clarity's platform.

Wisconsin's governor-elect named Brian Pahnke budget director, Joel Brennan to head the Department of Administration, and Craig Thompson to lead transportation.

School districts are asking voters for more than a billion dollars while the major candidates pledge more K-12 funding.

Wisconsin sold the biggest deal of the week as investors remained wary ahead of the FOMC meeting.

The biggest deal of the week came to market on Tuesday as Wiscon sold general obligation bonds.

The competitive GO deal will feature five- or eight-year calls.

The intermediate and long end has moved cheaper, creating an opportunity to add some yield to muni portfolios, says Triangle Park's J.R. Rieger.

Ahead of the FOMC monetary policy meeting and quarter end wrapup, a slim supply slate awaits muni buyers.

The muni market will see a skinny slate of supply hit the screens this week as volume drops to just over $3 billion ahead of the FOMC meeting and the third quarter wrapup.

Municipal bond issuance is set to drop by half next week as Federal Open Market Committee meets and the third quarter comes to an end.