Securitization

Action revs up on Tuesday in the municipal bond market as several large deals get set to hit the screens while traders eye yields ahead of the big Illinois sale on Wednesday.

Municipal bonds held in to finish little changed on Monday as the market eyed this week’s new issue calendar, topped up by the return of Illinois with a multi-billion dollar bond offering.

Municipal bonds were steady at mid-session as the market eyes a chunky new issue calendar, topped up by the return of Illinois with a multi-billion dollar bond offering on Wednesday.

Municipal bond market participants are returning to work on Monday looking at another chunky new issue calendar, topped by the return of Illinois with a multi-billion dollar bond offering that aims to pay off some of the state’s overdue bills.

The primary muni market is set another busy week with $10 billion in new paper, as one deal from Illinois accounts almost half of the negotiated calendar.

Municipal bonds were weaker at mid-session, according to traders, who are looking ahead to the next week's $10 billion new issue slate, which will be dominated by Illinois's $4.5 billion general obligation bond offering.

Municipals are little changed in early activity as the market gets ready to take on the biggest deal of the year — next week’s $4.5 billion Illinois general obligation bond offering.

Municipals finished mixed in secondary trading on Thursday as a spate of transportation deals hit traders' screens.

Municipals were mixed in secondary trading at midday as the primary saw several big transportation deals hit the screens.

The municipal bond market will be focused on transportation issues on Thursday as the last of the week’s big competitive sales hit the screens.

Municipal bonds finished mixed in trading on Wednesday as issuers in New York and Massachusetts came to market.

Municipal bonds were trading mixed at mid-session as issuers in New York and Massachusetts hit the market with several big bond deals.

The municipal bond market will see large deals from the Northeast on Wednesday as issuers in New York and Massachusetts are set to offer bonds.

Top-shelf municipal bond yields dropped as many as five basis points, as about half of the week’s issuance is flowed into the primary market.

Municipal market participants have their hands full on Tuesday, as roughly half of the week’s issuance is flowing into the primary market.

Municipal bond buyers will be seeing almost $5 billion of bonds hit the market on Tuesday, led by big sales from California and Illinois.

Municipal bonds finished mixed on Monday as an $850M New York City Transitional Finance Authority deal priced for retail investors.

Municipal bonds were unchanged at mid-session as the big New York City Transitional Finance Authority deal was priced for retail investors.

The municipal bond market will see more volume than it has in a while, as almost $10 billion of new deals are set to hit the screens this week.

Top-shelf municipal bonds were stronger at mid-session, according to traders, who are looking ahead to the next week's almost $10 billion new issue slate.