Southwest

After effortlessly taking down $13.2 billion of bonds this past week, muni buyers will see another above-average issuance week with $7.6B.

The review of the final credit, Chicago's senior-lien water bonds, was resolved when the bonds were defeased.

The market picked up right where it left off on Wednesday — with unwavering demand from investors.

The latest report from the state comptroller says $876.8 million was distributed to cities, counties, transit systems and special purpose taxing districts.

The bond market had no problems whatsoever digesting the primary and in the process saw yields drop down ever lower, getting ever closer to all-time lows.

The university scaled back its parking and commercial leases at the public-private student housing project, which is dipping into its debt service reserve.

The municipal bond market started to see supply come in, as a bunch of deals priced both on the negotiated and competitive sides. Today’s issuance was an appetizer for Wednesday, the main course that looks like it will be the busiest day of the year.

Municipal bond investors are eagerly awaiting the biggest supply week of the year, as strong technicals will continue for the foreseeable future.

With closure of Hamlin Memorial Hospital, Texas has lost 19 rural hospitals since 2010, the most of any state.

With its population and economy growing, Texas marked its 21st straight monthly record for sales tax collection.