Securitization

The municipal bond market is in for a sleepy Thanksgiving holiday week with a small slate of supply ahead as trading activity is confined to two and a half days.

Chicago came to market Thursday with its two-week delayed sales tax securitization bonds.

Chicago is heading to market Thursday with a scaled-down version of sales tax securitization bonds.

Chicago is coming to market Thursday with its delayed sales tax securitization bonds.

The municipal bond market saw several large deals hit the screens on Wednesday, led by issuers in Michigan and South Carolina.

Distinguishing abusive `pennying' from less insidious behavior is key, dealers told the MSRB.

Municipals were mixed at mid-session as the market prepared to take on a spate of new supply.

Suggestive of possible near-term growth in issuance, municipal CUSIP requests rebounded in October.

The municipal bond industry marched at the head of the parade as the nation celebrated National Veterans Small Business Week.

Municipal bonds were stronger at mid-session as buyers await this week’s new issue supply.

The board stands by its chief economist's conclusions after criticism from the Bond Dealers of America.

With new optimism for the future of munis following the midterm elections, an active week is in store.

The MSRB should tread carefully in basing future research or rulemaking on its July study of secondary market spreads, BDA said.

Municipal bond supply takes a big leap forward during next week’s holiday-shortened trading since markets are closed on Monday for Veterans Day.

In the week ended Nov. 8, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 4.33% from 4.26% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Munis ended stronger on a day when activity was muted ahead of the Fed leaving rates unchanged.

Municipal bonds remained stronger, basking in the afterglow of U.S. election results.

Municipals are described as "idiosyncratic" as the municipal yield curve isn’t automatically tracking the Treasury curve. Coupons matter, outflows are manageable, liquidity is strong and munis are attractive to global buyers. Lord Abbett’s Dan Solender, portfolio manager, and Eric Friedland, head of municipal research, discuss all the factors. John Hallacy is host.

Munis were buoyed by election results indicating that infrastructure may be on the Congressional agenda.

Munis will see some deals price into a slightly stronger market on the heels of Tuesday's midterm elections.