Primary bond market

The Illinois Tollway's $300 million deal and the first part of the Chicago Board of Education’s $922 million bond offering came to market on Wednesday. In secondary trading, municipals were stronger on the day.

The first part of the Chicago Board of Education’s $922 million bond offering came to market on Wednesday as the board’s $64.9 million of dedicated capital improvement tax bonds were priced.

Two big deals from Illinois issuers are scheduled for sale on Wednesday as the Chicago Board of Education gets set to hit the market with the first part of its double-barreled offering and Illinois toll bonds are slated to be priced.

Competitive sales from the states of Washington and Wisconsin and negotiated deals from New York and Illinois issuers dominated Tuesday’s new issue slate.

Chicago officials want to highlight the distinctions between the highly rated new securitization and the city's general obligation bonds.

Competitive sales from the states of Washington and Wisconsin and negotiated deals from New York and Illinois issuers dominated Tuesday’s new issue slate.

New York and Illinois deals top Tuesday’s new issue slate as municipal bond traders get ready to gobble up some deals in the primary.

Developments on the tax reform front were not far from municipal bond traders' minds as they saw the first of the week’s new issues hit the screens on Monday.

Estimated total bond volume for the week is $9.897 billion, which consists of $6.644 billion of negotiated deals and $3.253 billion of competitive sales.

Tax reform legislation will be front and center this week, snatching the market’s attention as Congress moves ahead with measures that will change the bond marketplace in the near- and long-term. Both the House and Senate are taking up muni proposals that will directly impact issuers, underwriters and bond buyers.

Municipal bond traders will see a chunky new issue calendar this week as the market’s focus will be on Washington, where Congress will continue to work on tax reform legislation.

The municipal market will get another healthy dose of issuance in the final full week before Thanksgiving. The calendar is chock full of deals from Illinois, as all issuers look to price bonds before the tax laws change.

Chicago's Board of Education is pricing more than $900 million, citing positive rating actions and a better balance sheet.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was lower to 3.92% from 4.00% last week.

Municipal bonds were markedly weaker at midday as market participants remain fixated on the newly released Senate tax reform proposal and how it compares with the House version.

Municipal bond market participants are scanning the news closely for details of tax reform provisions that affect them.

The Illinois Finance Authority authorized a passel of deals that would be outlawed by a GOP tax bill.

The last of the week’s big municipal bond deals came to market on Thursday – both from California issuers – as municipals finished weaker in secondary trading.

Blow-back from the sell-side centered on the proposal's potential to drive up infrastructure financing costs and accelerate the departure of smaller firms from the business.

The last of the week’s big municipal bond deals came to market on Thursday as municipals wavered in mid-session trade.