Securitization

The Florida Development Finance Corp.’s $1.75 billion bonds for the Virgin Trains USA passenger rail project found $4B of suitors.

The municipal bond market is facing $100 billion of municipal bond redemptions and implied reinvestments.

Municipal bond volume will fall to $5.5 billion in the upcoming week, with green deals from Illinois and Arizona.

Connecticut’s GOs hit the market on Thursday as municipal buyers snapped up the last of the week’s sizeable deals.

The tax-exempt part of the big Connecticut deal was offered to retail Wednesday as munics continued to rally.

Deals from the NYC TFA, Chicago, Illinois, California, Maryland and Miami-Dade County help satisfy demand.

Muni rates and ratios have benefited from macro themes driving rates lower, according to a report released Monday.

Almost $9 billion of municipal bonds are coming to market with deals from a variety of issuers to quench the thirst of buyers experiencing a supply drought.

Municipal bonds remained stronger on Thursday as deals from Indianapolis and California issuers came to market.

In the primary, Academy Securities priced the Calif. Veterans Affairs deal for retail investors on Wednesday.

Municipal bond market participants will be waiting for the Fed's decision on rates and the look ahead.

A Chicago-area ice rink facility built with $20 million of bonds is being sold for $10 million.

The calendar leaves much to be desired for investors, as the week only brings $2.4 billion of new deals.

This week's deal will prime the pump for another $2.5 billion in loans Freddie Mac plans to securitize in the next two to three years.

Munis have been grooving along but next week will bring tiny issuance, less than $3 billion, along with a Federal Open Market Committee meeting.

Preston Hollow's accusations against Nuveen of bully tactics underscore the cutthroat competition for market share.

A few remaining deals trickled into a stagnant, steady market, as the SALT effects have impacted the seasonality typically associated with tax season.

Municipal bonds held firm Wednesday as deals swarmed into the market from issuers in Virginia, New York and Texas.

The Fed is now estimating household ownership of munis at market value instead of book or face value and has restated historical ownership.

The market appeared to move after Gov. J.B. Pritzker announced a rate structure for his graduated state income tax proposal.