Southwest

The municipal bond market is waiting with anticipation for this week's new issues.

The new mayor and council will take office after a bond issue resolves a longstanding back-pay lawsuit that the departing mayor once said threatened bankruptcy.

School districts dominate the list of 64 issuers seeking $11.2 billion of debt authority.

Municipal bond buyers will be seeing more than $5 billion of supply headed into the market.

Municipal bond buyers saw the last of the week’s new issues come to market on Thursday with action dominated by several large California water issuers.

Utilities serving 40 million people and 5 million acres of irrigated farm land agreed to a federal plan to keep water flowing amid a two-decade drought.

More municipal supply hit the market on Wednesday with the University of Connecticut’s $240 million general obligation deal attracting interest.

Municipal bond buyers faced a wide variety of securities that came to market on Monday.

Shawnee County, Kansas, commissioners on Monday morning approved by a 3-0 vote a resolution to issue about $13 million in taxable industrial revenue bonds for a shopping development in west Topeka.

Action got underway in the primary on Monday as an Iowa school district sold over $100 million of general obligations.