Securitization

To avoid a fuel tax increase, settlement funds the state received to compensate for the 2010 Gulf oil rig explosion will back transportation projects.

BofA Securities priced the county’s $700 million of tax and revenue anticipation notes.

Led by sales in the airport, housing and healthcare sectors, the municipal bond market got some much-needed supply.

New revenue and fewer one-shot revenue solutions make the fiscal 2020 budget more acceptable to analysts, but dark long-term clouds remain.

Municipal bond buyers are prepared Monday to see almost $7 billion of volume head their way this week.

Weekly bond volume is forecast to hit $6.99 billion in a calendar composed of $4.36 billion of negotiated deals and $2.63 billion of competitive sales.

The New York MTA is set to issue $50 million of variable rate revenue bonds on Clarity Bidrate Alternative Trading System, highlighting the uptick in usage of variable rate debt.

A large industrial revenue bond issue closed out the primary in a holiday-shortened week for the municipal bond market.

Demand for tax-exempt income overwhelmed the usual selling in the secondary market during tax season.

Munis are termed rich, but taxables still shine.

The muni market is winding down to a pause for the long holiday weekend and when the market opens back up Tuesday, big deals will be few and far between, but the market will continue its run.

The municipal bond market saw the largest Garvee bond deal so far hit the screens on Thursday.

Lawsuits accusing banks and broker-dealers of fraud in the variable-rate demand obligation market helped cement the decision to use the platform.

Municipal bond buyers saw a spate of large new deals hit the market on Wednesday.

Adding $374 million alleged in New York to the three other cases also filed by Johan Rosenberg brings the total damages claimed to $1.58 billion.

A spate of new deals came to market, topped by a New York State green bond deal and an offering from the Arkansas Development Finance Authority.

The ripple effects of Puerto Rico's bankruptcy may be less onerous for state special revenue credits than some investors thought.

GFOA members said they were taken aback and in some cases upset about the tone of the National Federation of Municipal Analysts' letter to regulators.

With Memorial Day and the unofficial start to the summer approaching, the municipal bond market continues to dance to the same old song.

Attention in the municipal market turned to the short-term sector on Thursday.