Primary bond market

BofA Securities priced the county’s $700 million of tax and revenue anticipation notes.

Led by sales in the airport, housing and healthcare sectors, the municipal bond market got some much-needed supply.

Kansas City International Airport is conducting a full-court press to sell the bonds, backed by a pledge tarnished by Platte County's default on appropriation-backed debt.

The $178 million bond sale comes as a legislative concurrence panel plans to negotiate the commonwealth’s proposed $42.7 billion fiscal 2020 budget.

Municipal bond buyers are prepared Monday to see almost $7 billion of volume head their way this week.

In late May, the MSRB enhanced its search functionality on its Electronic Municipal Market Access site (EMMA) by implementing an algorithm that allows for predictive searching.

Weekly bond volume is forecast to hit $6.99 billion in a calendar composed of $4.36 billion of negotiated deals and $2.63 billion of competitive sales.

Though monthly issuance improved to $27.46 billion, the most this year, it remained 22% below the May 2018 level.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.74% from 3.75% the week before.

The United Methodist Retirement Communities' $18 million sale follows a one notch downgrade by Fitch Ratings to BBB.

A large industrial revenue bond issue closed out the primary in a holiday-shortened week for the municipal bond market.

Demand for tax-exempt income overwhelmed the usual selling in the secondary market during tax season.

Munis are termed rich, but taxables still shine.

The muni market is winding down to a pause for the long holiday weekend and when the market opens back up Tuesday, big deals will be few and far between, but the market will continue its run.

A state authority priced $487 million of debt on behalf of Big River Steel, for a project to double the mill's capacity.

In the week ended May 23, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged from 3.75% the previous week.

The municipal bond market saw the largest Garvee bond deal so far hit the screens on Thursday.

Infrastructure ranked No. 2 behind only the related issue of economic development as a top priority for mayors during 153 State of the City addresses delivered this year the National League of Cities reported.

Lawsuits accusing banks and broker-dealers of fraud in the variable-rate demand obligation market helped cement the decision to use the platform.

Municipal bond buyers saw a spate of large new deals hit the market on Wednesday.