Southwest

Illinois came to market on Wednesday with over $900 million of bonds while Texas sold a massive note deal in the competitive arena.

Municipal bond buyers saw some new offerings come to market on Tuesday, led by a Denver city and county deal.

New Mexico found a no-cost escape route from troublesome swap agreements with a $67 million termination fee.

Municipal bonds were firm and little changed on Tuesday as new issue supply started to price.

Bond volume in the region fell sharply in the first half of 2018, though one expert saw the 16% drop as better than anticipated.

A typical quiet summer Monday unfolded, with trading activity muted as the market reflected on last week’s bountiful volume and looked ahead with anticipation to some this week’s larger deals, including the $920 million Illinois financing, muni traders said.

The Lone Star state grabs the spotlight this week as Texas prepares to sell $7.2 billion of top-rated tax and revenue anticipation notes on Wednesday.

Texas headlines the week's slate as it prepares for a mammoth note sale while Massachusetts prepares large short-term sales of its own.

Texas will take center stage next week with its mammoth note sale.

The Port Authority of New York and New Jersey, the New York Metropolitan Transportation Authority, and Connecticut capped a busy week in the muni market.