Securitization

Chicago GOs were upsized and repriced on Wednesday to bump yields as indications of interest were taken on the Sales Tax Securitization sale.

The muni market saw a handful of deals price while the market strengthened ahead of the bellwether deals that come Wednesday and Thursday.

It has been a couple of years since the market has seen an active January to start the year.

Attendees at The Bond Buyer’s Deal of the Year ceremony look ahead to the new year and discuss what they feel will be the biggest stories of 2020.

Attendees at The Bond Buyer’s Deal of the Year ceremony talk about what issues they think had the biggest impact in municipal finance last year.

Demand for municipal bonds is much stronger in 2020 than it was to end 2019, illustrated by record inflows into the asset class in the latest reporting week.

The muni market saw the last issuance of the week come and go; the front end of the curve were stronger than the long-end.

The Financial Industry Regulatory Authority released its annual Risk Monitoring and Examinations Priorities letter Thursday.

It's been a few weeks since the market has seen "normal" issuance, but investor demand picked up right where it left off before the holidays.

Four large competitive deals stole the show on Tuesday, including New Jersey's first general obligation sale in a little more than three years.

Bill Carabasi has 37 years of sales and trading experience in the fixed income and municipal bond markets.

The municipal bond market started off the week adopting a cautious tone, eyeing issuance and world events.

Municipal bond buyers have plenty of cash in hand and will have various options as to where to put that money to work.

Municipals look to be well positioned entering 2020 against a strong backdrop of market technicals and stable credit outlook.

The muni market finished out the last day of 2019 on a quiet note, with no deals priced and yields ending little changed.

While there are no major municipal bond sales slated for this week, next week is a different matter.

Retail investors have felt confident in the muni bond space for most of 2019.

While municipal bond volume looks to end the year on a surprisingly high note, muni bond yields unexpectedly hit record lows twice in 2019.

Gary Hall of Siebert Williams Shank talks with Chip Barnett about the recent merger which created the largest minority- and women-owned investment bank in the U.S. He looks back at his time at the MSRB and looks ahead to what the market may see in 2020.

Munis finished above $400 billion for the fourth time since 2010 and the third time in the past four years.