Primary bond market

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.

Goldman Sachs opened the first of a two-day retail order period for the Hudson Yards Infrastructure Corp., N.Y.’s $2.15 billion tax-exempt deal as municipal bonds were unchanged ahead of next week's $7.02 billion calendar.

The municipal bond market on Friday will be looking ahead to next week’s new issue calendar as participants eye falling bond yields. The largest deal of the upcoming week is from the Hudson Yards Infrastructure Corp. will offer $2.19 billion of second indenture revenue bonds.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices fell five basis points to 4.16% from the previous week's 4.21%.

Municipal bonds finished stronger on Thursday as the last of this week’s larger new issue deals hit traders' screens.

Municipal bonds were trading stronger at mid-session as the last of this week’s larger new issue deals hit traders' screens.

Bankruptcies and defaults have taught the market that General Obligation bonds, once the bedrock credits, aren't all the same.

Municipal bond traders will be eyeing falling yields on Thursday as the market prepares for the last of this week’s larger new issue deals.

Lumesis, Inc. has announced the launch of a new platform for municipal issuers and those serving them, including dissemination agents, bond counsel and municipal advisors.