Primary bond market

The deal absorbs the debt of newly acquired systems, and SSM says it will "materially" lower interest.

The commonwealth plans a competitive sale for the $500 million in fixed-rate, tax-exempt new-money general obligation bonds.

Next week's $7.8 billion new issue slate features airport and water deals coming from New York and Texas issuers.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged for the third week in a row at 3.99%.

Some say cheapness on the short end of the municipal yield curve is starting to boost investor demand.

Illinois remains delinquent on transit aid payments, highlighting the need for RTA's working cash authorization.

Morgan Stanley priced $575 million of airport system bonds for Sacramento County.

Deals from Connecticut and Ohio issuers arrived as some buyside participants complained of low volume and inactivity in the muni market.

Two big education deals are slated to hit the market on Wednesday, with deals coming from issuers in Connecticut and Ohio.

The university plans to price $118 million of new money and refunding bonds this week, and to close the refunding deal in September.

California came to market with a $2.15 billion general obligation bond deal as JPMorgan priced the big taxable offering

The municipal market is seeing several new deals hit the screens ahead of the big taxable deal from California.

A banking industry official warned aldermen that some institutions would cut ties to the city if it enacted such an ordinance.

Municipal bonds held were firm ahead of California's $2.2 billion taxable offering, which is being marketed to international investors.

The Texas Water Development Board will give investors a shot at its triple-A revenue bonds.

Muni performance is looking good this month, as California gets set to sell $2.2 billion of taxable general obligation bonds.

The 2017 top municipal bond issuer is bringing yet another two-billion dollar deal to market, this time around however California will be selling taxable bonds. The new tax legislation leaves the Golden State few options to refinance the 2009 bonds, but the taxable route should have the way for buyers overseas.

The Volunteer State lowered the savings threshold it requires for a refunding.

Municipal market volume will rise by two-thirds to $7.45 billion in the coming week, led by a $2 billion taxable deal from California.

Build America Mutual, the only mutual insurer of U.S. municipal bonds, has a collateralized reinsurance agreement with Fidus Re Ltd. that will also add to its internal growth.