Municipal bonds ended mixed on Wednesday, according to traders, as the gilt-edged state of Maryland came to market with competitive sales won by Bank of America Merrill Lynch and Citigroup.
Municipal bonds were weaker at midday, according to traders, as the gilt-edged state of Maryland came to market with two competitive sales won by BAML and Citi.
Top-rated municipal bonds finished weaker on Tuesday, according to traders, as several big competitive deals sold in the primary market, led by a high-quality offering from Mecklenburg County, N.C.
Bitvore Corp. added features to its artificial intelligence-powered early warning system that continuously monitors material changes affecting risk across the municipal market.
Municipal bond market traders on Tuesday are set to see the start of this week’s supply hit the screens as several large competitive offerings are slated to sell.
