Primary bond market

Top-shelf municipal bonds were stronger at midday, according to traders, who are looking ahead to next week’s new issue calendar, which is estimated to total $7.42 billion.

Municipal bond traders on Friday are looking ahead to next week’s new issue calendar, which will be dominated by big bond deals from New York City and Maryland.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.98%, from 3.99% last week.

The offering follows the resolution of legal challenges to toll rate increases.

Gov. Bruce Rauner says he will act to authorize $6 billion of borrowing to knock out overdue bills.

Top-rated municipal bonds finished stronger on Thursday, traders said, as the week’s largest deal came to market — the New Jersey Economic Development Authority’s $583 million sale.

Top-rated municipal bonds were stronger at mid-session, traders said, as the week’s largest deal came to market — the New Jersey Economic Development Authority’s $554 million sale.

Municipal bond traders are set to see the week’s largest deal come to market on Thursday — the New Jersey Economic Development Authority’s $595 million offering.

Top-quality municipal bonds ended mixed on Wednesday as the big Honolulu and Pennsylvania sales hit the screens.

They say a report shows state could shave billions off interest costs if it borrows to pay down the state's unpaid bill backlog.

S&P Global Ratings cited improved employment and demographic indicators, and projected growth in reserve levels.

Top-quality municipal bonds were stronger at midday as buyers look ahead to the big Honolulu sale set to hit the screens on Wednesday.

UBS Wealth Management Americas started to fill openings in its newly revived public finance business, with 19 employees joining the firm.

The municipal bond market on Wednesday is set for the start of the week’s new deal slate, which will see a large sale from a Hawaiian issuer hit the screens.

Mayor Rahm Emanuel will introduce an ordinance Wednesday to pave the way for the new bonds.

Top-rated municipal bonds finished stronger on Tuesday, according to traders who returned to their desks to get ready for a lighter-than-average holiday week calendar.

Although the holiday shortened week curbs muni volume to less than $4 billion it should not impact demand. Municipal market participants will have their eyes on the sizeable deals of the week.

Top-rated municipal bonds were stronger at mid-session according to traders who were returning to their desks on Tuesday and looking ahead to the week’s lighter-than-average holiday week calendar.

Advantages in price, execution, transparency, and liquidity run up against the market's reluctance to change.

Municipal bond traders were returning to their desks on Tuesday and looking ahead to the week’s lighter-than-average holiday week calendar, with volume estimated at $3.86 billion.