Public finance

Municipal bonds were stronger at mid-session, according to traders, who were eyeing declining muni yields as they await the start of the week’s new issuance. Muni volume is estimated at $6.82 billion this week.

Craig Brothers is among fund managers who are sticking with a shorter duration core strategy as the market awaits the Federal Reserve Board’s June decision on rates.

New Jersey’s pension burden continues to worsen, according to a Moody’s Investors Service report.

Municipal bond market participants are returning to work after the long holiday weekend. Traders will be eyeing declining muni yields as they await the start of the week’s new issuance.

Pricing wires for negotiated bond offerings

Pricing wires for competitive bond offerings

Puerto Rico bondholders at a meeting Thursday sought substantially better terms from the Puerto Rico Oversight Board and government.

Four investment funds holding COFINA senior bonds are claiming Bank of New York Mellon breached its duties as trustee.

West Virginia Gov. Jim Justice likened the fiscal 2018 budget passed by the legislature to a “death certificate,” as he vetoed the spending plan.

Municipal market participants will come back to work after a long holiday weekend to almost $7 billion of new issuance, highlighted by another billion dollar deal from California.

Gov. Dannel Malloy said he would devote the rest of his term to patching up Connecticut's economy.

If the packed town council meeting last Wednesday was any indication, there will be many Oro Valley, Ariz., residents hoping to weigh in next week on the $17 million proposal to develop the 213-acre Naranja Park.

UBS Wealth Management Americas is looking to revive its capital markets and public finance businesses, hiring Peter Hill from Wells Fargo and Steven Genyk from Janney, and reassigning Chief Risk Officer Mark Sanborn to head capital markets and sales.

Municipal bonds were trading stronger at midday, according to traders, who were wrapping up their business ahead of the full market close for Good Friday. Ipreo estimates municipal bond volume for next week at $6.82 billion.

Hard Rock International unveiled plans this month for a $375 million makeover of Atlantic City’s shuttered Trump Taj Mahal Casino Resort in a move elected officials hope will help spur the debt-ridden Jersey Shore resort back to prosperity.

Municipal bond traders were wrapping up their business on Thursday ahead of the full market close for Good Friday. Trading will resume after the Easter weekend on Monday, April 17.

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

The Rogers County Board of County Commissioners approved a resolution Monday during its regular board meeting to refinance two bond issues to a lower fixed rate than the current rate.