Primary bond market

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.

Fox Chapel Area School Board last week approved a $37.9 million bond in anticipation of building a new Kerr Elementary School and to fund upgrades to three of the district's other school campuses.

The District 80 Board of Education Monday approved issuing $5.5 million in bonds to fund a new gym and safety upgrades at district buildings.

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.

Municipal bonds finished stronger on Tuesday as the Hudson Yards deal hit the market along with a host of other large sales.

Municipal bonds were trading stronger at midday as the Hudson Yards deal hit the municipal bond market on Tuesday along with a host of other sales.

The Hudson Yards deal is set to hit the municipal bond market on Tuesday as the week’s primary market heats up.

Municipal bonds finished stronger on Monday as the Hudson Yards deal was offered to retail buyers for a second day.

Moody's Investors Service has upgraded the St. Louis Art Museum's (MO) (SLAM) Issuer Rating to Aa2, reflecting excellent fiscal management contributing to superior cash flow and reserve growth.

Municipal bonds were trading stronger at mid-session as the Hudson Yards deal was being offered to retail buyers for a second day. The market is waiting for this week’s $7.02 billion new issue calendar to get underway in earnest on Tuesday.

More retail orders will be taken on Monday for the big Hudson Yards deal while municipal bond traders will be watching yields. The market will waiting on the new issue calendar, which is estimated at $7.02 billion.

Municipal volume will remain near recent levels the week before the Memorial Day holiday, supported by rising investor demand and a continuing bond rally, market participants said.

Hudson Yards Infrastructure Corp., the developer of a 45 block area on Manhattan's west side, won a two-notch upgrade from S&P Global Ratings.