Securitization

Hudson Yards Infrastructure Corp., the developer of a 45 block area on Manhattan's west side, won a two-notch upgrade from S&P Global Ratings.

Goldman Sachs opened the first of a two-day retail order period for the Hudson Yards Infrastructure Corp., N.Y.’s $2.15 billion tax-exempt deal as municipal bonds were unchanged ahead of next week's $7.02 billion calendar.

The municipal bond market on Friday will be looking ahead to next week’s new issue calendar as participants eye falling bond yields. The largest deal of the upcoming week is from the Hudson Yards Infrastructure Corp. will offer $2.19 billion of second indenture revenue bonds.

Municipal bonds finished stronger on Thursday as the last of this week’s larger new issue deals hit traders' screens.

Municipal bonds were trading stronger at mid-session as the last of this week’s larger new issue deals hit traders' screens.

Bankruptcies and defaults have taught the market that General Obligation bonds, once the bedrock credits, aren't all the same.

Municipal bond traders will be eyeing falling yields on Thursday as the market prepares for the last of this week’s larger new issue deals.

Municipal bonds rallied along with Treasuries on Monday as stocks swooned on growing political unrest in Washington and the District of Columbia sold over $550 million of general obligation bonds.

Municipal bonds were substantially stronger along with Treasuries as stock swooned on growing political unrest in Washington, D.C. Meanwhile, the District of Columbia hit the primary market with over $500 million of general obligation bonds.

The municipal bond market is set to see more volume come their way on Wednesday, led by a large sale from the District of Columbia.

Municipal bonds ended stronger on Tuesday as Morgan Stanley priced the Los Angeles Unified School District’s $1.08 billion of general obligation refunding bonds.

Municipal bonds were stronger at mid-session, according to traders, as Morgan Stanley priced the Los Angeles Unified School District’s $1.08 billion of general obligation bonds.

After a busier than usual Monday that featured one institutional pricing, as well as a premarketing and a retail order period, municipal market participants are waiting for more action Tuesday.

Top-shelf municipal bonds were unchanged on Monday, according to traders, who got an early start to the week with one institutional sale and retail pricing for a second deal.

Top-shelf municipal bonds were mostly steady around midday on Monday, according to traders who got an early start to the week with one institutional sale, as well as a retail pricing for a second deal and indications of interest for a third deal.

Municipal market participants are ready for another busy week, with volume exceeding $8 billion for the second consecutive week, something that has not happened for a while.

Municipal market participants are set for a second week of issuance greater than $8 billion amid a surge in demand.

Municipal bonds were stronger at mid-session, according to traders, who were looking ahead to next week’s still healthy new issue calendar, which is estimated at $8.79 billion.

Municipal bonds were stronger in early activity, according to traders, as the market eyes next week’s still healthy new issue calendar.

Hardy Manges, head of municipal dealer sales’ at MarketAxess, discusses the impact of technology on the muni market. He also looks at trends in e-trading muni bonds and gives an update on MarketAxess' platform, which is about a year into its venture in the muni space. Hosted by markets reporter Aaron Weitzman.