Primary bond market

A special-purpose corporation is selling nearly $800 million to refund some of the city's lower-rated GOs.

The municipal bond market will see $3.35 billion of new deals hit the screens next in a holiday-shortened week. Ipreo estimates weekly volume at $3.35 billion, up from $3.12 billion this week.

The municipal bond market is gearing up for a lighter-than-average new issue calendar in a holiday-shortened week, with about $3.35 billion of bonds slated for sale.

In the week ended Jan. 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.84% from 3.81% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Municipal bond buyers gobbled up taxable supply from Pennsylvania and Illinois Thursday as the recent rise in yields slowed.

Bob Spangler and Jim Tricolli will assume responsibilities as RBC's co-heads of municipal finance as Hamel steps away from the top-five underwriter.

Municipal bond buyers saw some taxable supply hit the screens on Thursday as the recent yield rise slowed and traders' attention shifted to next week’s holiday-shortened week.

Municipal bond buyers are seeing the last of this week’s big deals hit the screens on Thursday as their eyes turn to next week’s new issue slate.

With a financing structure cemented, the first bonds for a Kansas City, Mo., convention center hotel were sold.

Muni yields rose as much as 10 basis points, as they weakened with treasuries on concern China may stop U.S. debt purchases

Morgan Stanley priced a big taxable deal and won a large note sale as yields on long-dated top-rated municipal bonds rose as much as nine basis points.

The municipal bond primary market will be seeing several big offerings hit the screens on Wednesday — dominated by a taxable deal in the negotiated bond sector and a competitive note sale.

S&P Global Ratings lowered its outlook on Cook County's AA-minus rating ahead of a $100 million refunding.

New Jersey’s Lottery Enterprise Contribution Act translated into better primary market bond pricing, the state treasurer says.

The municipal bond primary market returned to life as issuers in Massachusetts, Virginia and Minnesota offered new tax-exempts to bond-hungry investors.

UBS Wealth Management Americas raised its firepower in areas that escaped the chopping block under the new tax law, hiring a trio of executives with experience in stadium and public power finance.

Bank of America Merrill Lynch and TD Securities won the bidding for Massachusetts’ $600 million of general obligation bonds while Citigroup won the gilt-edge Fairfax County, Va., bonds.

The municipal bond market springs to life on Tuesday as several large competitive sales hit the screens, led by issuers in Massachusetts, Virginia and Minnesota.

The municipal bond market was quiet Monday as traders waited for this week’s new issue sales to get underway with competitive deals on Tuesday from Massachusetts and Fairfax County, Va.

The municipal bond market on Monday is patiently waiting for this week’s new issue sales to get underway with competitive sales on Tuesday from Massachusetts and Fairfax County, Va.