Primary bond market

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.

Municipal bonds were unchanged at mid-session as traders on Wednesday as traders look to see several deals of size coming from the Golden State hit the screens, topped by a California green bond sale.

Municipal bond traders on Wednesday will be looking at the direction of yields, which has been trending lower in the past few sessions. The market will see several deals of size coming from the Golden State hit the screens, topped by a California green bond sale.

On a 6-3 vote, the Dallas School Board accepted a bond agreement from PNC Bank to fund a new school to replace Dallas Elementary at a cost not to exceed $39.5 million.

The Aurora City Council is set to vote on a $16.5 million bond issue to pay for capital projects during the next four years.

General obligation bonds for levy collection were issued at the city commission meeting Monday evening.

An effort to force Gov. Paul LePage to issue a $15 million senior housing bond approved widely by voters in 2015 advanced in the Maine Legislature on Tuesday, but Republicans have enough support to block the bid for the second straight year.

The city will soon have twice the sales tax revenue to make stormwater sewer upgrades, but officials are looking at issuing bonds to further expedite the projects.

Altru Health System wants to issue $115 million in bonds, some of which will go toward replacing the Main Clinic closed months ago because of a structural failure.