Securitization

Municipal bond buyers were singing “I love New York” on Wednesday as they grabbed bonds from two Empire State issuers.

Two big New York issuers came to market on Wednesday as municipal bonds were little changed in secondary action.

California’s Infrastructure bank hit the municipal market with a big note offering on Monday, while a New York City Transitional Finance Authority deal was offered to retail buyers.

The big New York City issue was priced for retail investors and a large California note issue was offered to buyers, while municipals turned weaker in secondary trade.

Illinois' 10-year GO paper is trading 10 to 15 basis point tighter than before its rating outlook went to stable from negative.

Municipals turned weaker on Monday as traders prepared their strategies ahead of the week’s issuance.

Redemption demand should continue to surface this week even with the arrival of new issuance, municipal sources said.

New York issues again dominate as the bond calendar dips to $5.3 billion in the new week.

Municipal bond volume will dip to a more average 2018 level next week.

New issues were well spoken for on Thursday as hungry investors with available cash participated in the largest deals of the week.

Municipal bond market participants are seeing the last of the week’s healthy new issue slate hit screens.

Buyers vied for volume as a bevy of bonds priced in the primary on Wednesday.

The Harvey City Council will consider an agreement that allows it to keep some state funds being claimed by its pension funds.

The MSRB's disclosure website has beefed up its data offerings with two new yield curves that are available for free.

The sharp decline in trading spreads since 2005 was driven mainly by regulation and technological changes, according to the MSRB's chief economist.

More municipal supply is set to hit the screens on Wednesday as buyers get ready to vie for volume in a tight market.

Municipal bond buyers on Tuesday snapped up deals from New Jersey, New York City and Texas issuers.

Municipal bond buyers were rewarded as a bevy of new deals hitting the market on Tuesday.

The week's primary activity got off to a mixed start as the NYC TFA rounded up more retail orders on its big sale.

Municipal bond buyers are patiently awaiting sizable new issues to set the tone for the rest of the week.