Primary bond market

The Highland School Board approved the issuance $5.5 million worth of bonds at its meeting on May 22.

With $100,285,000 in lease-revenue bonds formally issued Friday, Contra Costa County will now accelerate the planning for a new county administration building downtown and a new emergency operations center near Highway 4.

Minnesota voters are shooting down school bond issues at the highest rate in years, with five out of six referendums rejected last week alone.

The Jefferson County Board Friday approved a measure to re-finance a portion of its jail bonds.

An attorney representing a group of Moses Lake residents who are challenging the outcome of last February's $135 million school construction bond election has filed an appeal with a court in Spokane this week.

Municipal bonds finished the day stronger on Tuesday, as traders prepared for the first big wave of issuance to hit on Wednesday.

Municipal bonds were stronger at mid-session as traders looking to a holiday-lite new issue slate.

Municipal bond traders are returning to work on Tuesday and will be looking at a holiday-lite new issue slate while eyeing declining bond yields. Markets were closed early on Friday and were closed all day Monday for the Memorial Day holiday.

Municipal supply is set to drop to less than $5 billion after the long weekend as the market struggles with a lack of supply.

Municipal bonds were stronger on Friday as the market looks ahead to next week’s holiday-lite new issue slate. Secondary trading will end early ahead of the long holiday weekend.

In the week ended May 25, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell five basis points to 4.11% from 4.16% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The Aurora City Council has passed a $16.5 million bond issue to fund capital projects during the next four years.

The majority of Adams County voters rejected a $35 million school bond issue on Tuesday's ballot as the measure failed.

The Tuscaloosa County School System took a step toward building additional schools by moving forward with a bond sale to finance the projects.

Contra Costa County supervisors on Tuesday approved issuing up to $110 million in construction bonds to pay for a new main county administration building downtown and a new county Emergency Operations Center across town.

Municipal bonds finished narrowly mixed on Thursday as traders began winding up business for the week. There were no major bond sales pricing in the primary on Thursday or Friday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Gary Hall, senior managing director and head of investment banking at Siebert Cisneros Shank, talks infrastructure financing and funding in this climate of uncertainty, the performance and competitiveness of small firms in the market, the re-entrance of UBS as a market player, and what makes the municipal bond market attractive as a career choice for young people. Hosted by Chip Barnett.

Municipal bonds were trading narrowly mixed at mid-session as traders began winding up business for the week. There are no major bond sales set to price in the primary on Thursday or Friday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Municipal bond traders are putting the finishing touches on the week as no major bond sales are set to price in the primary on Thursday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Municipal bonds finished flat on Wednesday as traders saw the last of this week’s big deals hit the screens.