Primary bond market

The municipal market is bracing for the biggest issuance week in nearly two years, led by three billion-plus deals.

The hospital system will price up to $1.7 billion of bonds this week, of which up to $1.4 billion would be taxable.

The Providence-based bank originated in 2013 as an outgrowth of its predecessor agency, the Rhode Island Clean Water Finance Agency.

Municipal bond buyers will see over $17 billion of new issues come to market this week, a high for the year. Transportation issues dominate the calendar.

It's a feast after a feast as billions in bonds are set to hit the marketplace.

Rating agencies affirmed Chicago's GOratings and the first report also out on the new junior lien Sales Tax Securitization Corp. credit.

Continued gains attributed to increase in taxable refunding issuance.

Mayor Lori Lightfoot's first budget cleared the City Council on a 39-11 vote.

All of the week's muni issuance hit Tuesday, as Thanksgiving will mute action for the next three days.

The Metropolitan Pier and Exposition Authority, restored to investment grade by S&P Global Ratings last year, plans to sell a total of $923 million.

Citigroup got set to price the $632 million Main Street Natural Gas deal, while Goldman Sachs prepped $315 million of Emerald Renewable Diesel bonds.

The market won't see a lot in the way of supply in this holiday-shortened week, but what there is coming to market will be of the higher-grade variety.

The municipal market will get a pause from the breakneck issuance, as things will slow down for Thanksgiving but should pick up right where they left off the first week of December.

UBS Wealth Management Americas announced three new senior hires as it continues to expand its public finance roster as it approaches the New Year.

The last remaining deals of the week priced into a muni market that continues to perform strongly, as technical factors and drivers persist.

Richard Taormina, head of Tax Aware Strategies at JPMorgan Asset Management, talks about the value of municipal bonds and focuses on performance, foreign demand and the effect of the tax reform legislation on the market. Chip Barnett hosts this podcast, which was recorded in early October.

The Finance Committee signed off on bond refinancing and revenue packages that are key to the 2020 budget, paving the way for a full city council vote.

Sustainable investing is called “the” trend to watch in 2020 and in the coming decade.

The influx of issuance continued on Tuesday, with the largest deal of the week leading the way in the downpour of pricings.

The city will take competitive bids on general obligation-backed green bonds for the ongoing construction of a new city building.