Munis

Municipal bond activity returns to a near-normal level as a slew of deals heads into the market, led by New York and California issuers.

American Municipal Power is planning a $97 million tax-exempt project revenue bond sale.

Ipreo estimates weekly bond volume at $6.6 billion, consisting of $5.5 billion of negotiated deals and $1.2 billion of competitive sales.

CDFA said it is surveying local, state and multi-jurisdictional issuers about private activity bond fees in conduit transactions.

The state used "subject to appropriation" language to exit a building lease, but state officials say Alaska will honor bonds subject to the same condition.

Bradley Wendt, a former investment banker with extensive experience in municipal bonds, interest rate swaps, and other fixed income products, joins Treasury's Office of Domestic Finance.

All Aboard Florida is seeking a right of way lease to expand its Brightline-branded passenger train service from Orlando to Tampa.

Roosevelt University said its goal is to balance the budget by fiscal 2020.

Malachi Financial Products Inc. and its principal were charged with violating their fiduciary duty to a city in Mississippi, overcharging the city, and failing to disclose payments received from the underwriter.

Municipal volume isn't expected to meet growing demand in the remainder of 2018.

Public finance bond attorneys Rick McConnell and Richard Wood joined the firm's Kansas City, Missouri, office from Gilmore & Bell.

The municipal market will see only $74 million of deals in a holiday-shortened week, raising demand for supply the week after.

S&P downgraded the outlook on the AA rated school and said further weakening in the school's finances could pressure the rating on $200 million of debt.

Municipal bond issuance reached $30 billion for the third straight month, as the market prepares for what is expected to be a slow summer.

Ipreo estimates weekly bond volume at $73.8 million, consisting only of competitive sales and no negotiated deals.

Municipal market activity remained quiet Thursday afternoon wrapping up a week in which investors snapped up some large new issues.

The Illinois county plans a $175 million new money offering later this summer.

The bond proceeds would help build housing in the city recovering from a wildfire that destroyed 4,600 homes.

New York paper continued to be in high demand in front of the July 1 redemption date, according to a market source.

Democrat Fiona Ma rung up more than twice as many votes as Republican Greg Conlon, who will face her in November.