Primary bond market

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

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.

Texas will take its triple-A rating to the muni market with $240 million of refunding bonds for the state's water development program.

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

The water and wastewater deals will finance upgrades of the two systems.

Municipal bonds were stronger on Wednesday as bond buyers saw big deals come from New York and California issuers.

Municipal bonds were stronger Wednesday as bond deals from New York and California were coming to market.

Municipal bonds were little changed Tuesday as a continuation of the June-July reinvestment season made for brisk demand.

Bond proceeds, approved in a 2016 measure, will be used for programs to aid homeless people.

Municipal bonds were little changed Tuesday as traders saw big note and bond deals hit the market, led by issuers in California and New York.

Gov. Paul LePage's post-pricing intervention to block the closing of $113 million of GO bonds may increase Maine’s future borrowing costs.

Municipal bonds were little changed on Monday as supply concerns prompted Bank of America Merrill Lynch to cut its 2018 forecast to $365 billion of issuance.

Bank of America Merrill Lynch has revised its forecast for yearly municipal bond volume down to $365 billion.

Municipal buyers expect the city of Los Angeles to hit the market running as it plans to competitively sell almost $1.9 billion of notes and bonds.

Municipal buyers will see a $5.3 billion new issue calendar next week, with the biggest deals coming out of Los Angeles.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.99% from 4.00% the week before.

Municipal bonds held onto gains as buyers saw two big deals come to market on Thursday.