Buy side

A $481 million San Francisco Airport Commission sale will lead the activity in the primary market this week as part of an estimated $6 billion of new-issue volume - the highest estimated volume in almost three months.

Increasing popular kicker bonds may seem like a sure bet for investors, but analysts warn the growing demand for the bonds is increasing their risk.

Inflow to municipal bond funds increased even though municipal bonds sold off most of the week.

While experts say municipals should have been included in the new liquidity coverage ratio ruling for large banks, they are at odds over its anticipated impact.

In its smallest cash-flow borrowing deal since 2006, California achieved a record-low interest rate on its $2.8 billion sale of revenue anticipation notes on Wednesday.

Municipal analysts should scrutinize local pension plans because they are subject to more event risk, according to a report by Loop Capital Markets.

Oppenheimer is set to return to court on Wednesday afternoon to defend a motion to add to the list of defendants in its complaint against the Rhode Island Tobacco Settlement Financing Corporation.

Pension obligations are no different than borrowing obligations, public finance expert Richard Ravitch told a group of investors in New York.

Oppenheimer squared off against the Rhode Island Tobacco Settlement Financing Corp. at a state court hearing Monday as the fund company sought to block a $593 million tobacco bond refunding sale originally slated for early August.

University of Pennsylvania economist Kevin Gillen is the keynote speaker at the Sept. 26 meeting of the Philadelphia Area Municipal Analyst Society.

An uptick in negotiated offerings will do little to alleviate the drought in the long-term primary arena this week, as just over $3 billion is expected to arrive. Most attention will focus on a single $2.8 billion financing in the short-term market.

Some municipal fund managers are finding it's possible to use the secondary market to help determine fair bond pricing after a drop in new issuance has limited their reliance on the primary market as a benchmark.

Inflows or all municipal all municipal bond funds moderately declined during the municipal bond sell-off the week ending September 3rd.

The Bond Buyer's weekly yield indexes were mixed for the week ending Sept 4.

The holiday shortened week's volume will drop to just over half of last week's issuance, led by a $350 million Texas school offering.

The municipal market should benefit from the Securities and Exchange Commission's prosecution of Kansas for inadequate disclosure of faltering pension obligations, according to Moody's Investors Service.

Inflows for all municipal bond funds held steady as the Labor Day holiday week approached.

The Bond Buyer's weekly yield indexes declined for the week ending Aug. 28.

Unrated Irvine, Calif., dirt bonds were oversubscribed by five to eight times when they priced in early August amid overall yield compression.

The changing demographics of prospective students may present an opening for higher education institutions to attract more students and strengthen their revenue stream, according to analysts.