Primary bond market

The Golden State keeps its issuance streak alive as it get set to sell $2.1 billion of general obligation bonds later this week. This deal is primarily a refunding — a result of bonds sold in 2009 under the Stimulus Act hitting their 10-year call date.

With plenty of cash looking to go to work, investors are not loving the calendar or what small allocations they will be allotted as we draw near the end of tax season.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, nudged up to 3.88% from 3.87% the week before.

Municipals were firm on Thursday as the last of the week’s deals hit the market

The Illinois Finance Authority says one green investor snapped up a piece of deal during retail order period.

Analyst Tom Kozlik interprets the results behind his fifth annual survey of muni bond professionals. Paul Burton hosts from Berwyn, Pa.

Municipal underwriters jockey for position as business increased 21.9% from the first quarter of last year.

Twenty-three members of Congress are urging the Oversight Board to pull back the bonds' underwriting and other fees.

Focus remained on the municipal primary as more supply swept into the market on Wednesday.

The Florida Development Finance Corp.’s $1.75 billion bonds for the Virgin Trains USA passenger rail project found $4B of suitors.

It's the first such deal in four years for the authority.

The municipal bond market is facing $100 billion of municipal bond redemptions and implied reinvestments.

Green bonds and sustainable offerings are on tap this week as several sales are set to hit the market. Buyers are expected to snap up the paper that aims to fund clean water, school and housing initiatives.

Municipal bond volume will fall to $5.5 billion in the upcoming week, with green deals from Illinois and Arizona.

After two months of gains from 2018 levels, municipal issuance sank 7% from March last year as the loss of advance refundings continues to take a toll.

In the week ended March 28, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.87% from 3.96% the previous week.

Connecticut’s GOs hit the market on Thursday as municipal buyers snapped up the last of the week’s sizeable deals.

BondLink announced a new agreement that allows Fidelity Investments’ millions of retail investors to access BondLink’s aggregation of issuer data on Fidelity.com.

Rising passenger totals at Bradley International Airport prompted a bond sale to fund a consolidated car rental facility.

The tax-exempt part of the big Connecticut deal was offered to retail Wednesday as munics continued to rally.