Primary bond market

Municipal bonds were mixed at midday, traders said, as they prepared for the week’s $7.66 billion new issue calendar.

Municipal bond traders are returning to work on Monday set for the week’s $7.66 billion new issue calendar. The slate is composed of $3.99 billion of negotiated deals and $3.67 billion of competitive sales.

The primary municipal bond market will keep chugging along next week, with participants set to see more action than they did in a fast and furious past week.

Top-shelf municipal bonds were stronger at mid-session, according to traders, who were looking ahead to next week’s new issue calendar. which Ipreo estimates at $7.66 billion.

Municipal bond traders are waiting to see how much volume the market will encounter next week as they eye volatile muni yields.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices rose two basis points to 4.11% from the previous week's 4.09%.

Top-quality municipal bonds finished unchanged on Thursday, traders said, as more deals came to market in the last big push of the week.

The county’s 25-year, $339 million refunding sold with an all-in, true-interest cost of 3.38%.

Top-quality municipal bonds were stronger at mid-session, traders said, as more deals came to market.

Municipal bond traders are set to see more deals head their way on Thursday as the market will see the last big sales of the week hit the screens.

Top-rated municipal bonds finished stronger on Wednesday as a large deal from a New York and New Jersey issuer hit the screens while a deal from a Chicago issuer was postponed until next week.

While working on two bond sales and finalizing a new budget, Cook County, Ill. is eyeing layoffs.

The county plans to price $344 million of limited obligation refunding warrants, with a new 1% local sales tax supporting debt service.

Top-rated municipal bonds were stronger at mid-session, according to traders, who were seeing another wave of supply hit the market.

Municipal bond traders on Wednesday are expecting another wave of supply to hit the market, with large deals coming from a New York and New Jersey issuer.

The New York City Transitional Finance Authority’s $1.01 billion deal was accelerated by a day with the bonds being priced for institutions on Tuesday.

The pricing on the New York City Transitional Finance Authority’s $1.01 billion deal was accelerated by a day as top-quality municipal bonds turned mixed on Tuesday.

The municipal bond market on Tuesday will see more supply head its way with the second day of retail orders being held on the New York City Transitional Finance Authority’s $1 billion of building aid revenue bonds and deals expected from Los Angles and Philadelphia.

Municipal bonds ended mixed on Monday, according to traders, as the New York City Transitional Finance Authority’s $1 billion of building aid revenue bonds were priced for retail investors and the Chicago Public Schools came to market with an unrated bond deal.