Sell side

Issuers in the Far West sold $85 billion of municipal bonds in 2019, a 23% increase from 2018.

The city's sustained financial health is attracting private investment and enabling it to fund neighborhood infrastructure needs, Mayor Bill Peduto said.

Bond yields keep grinding lower ahead of the largest issuance week of 2020, clocking in at $13 billion.

Lack of supply continues while professional money keeps market liquid.

Municipal investors should go long as the short end is expensive, strategists say.

Next week's deal will be sold at auction but Washington's state finance team says it is is agnostic about using negotiated or competitive sales to price bonds.

Thanks to the taxable tear, the municipal market saw the third highest volume for the month of January in the past 10 years.

Wells Fargo will be joint senior manager on a $1.4 billion deal, its first negotiated California deal since State Treasurer Fiona Ma lifted a ban.

With demand at an all-time high and record inflows that is continuing to come into the market, one would think there would be more issuance.

The state sold tax-exempt refunding debt at 2019 rates but won't deliver them until 2021 when the call date of the original bonds is reached.

Whether new dedicated revenue for the MTA or its higher total debt holds more sway in the capital markets remains an open question.

Although municipal bond volume is expected to rise by almost $2 billion, it won’t be nearly enough to satisfy investors’ thirst for the asset class.

Rhode Island's governor is asking lawmakers to forward $269 million worth of initiatives to voters.

The mayor warned about looming state Medicaid cuts in his media briefing on the preliminary spending plan.

The state expects to set senior and co-manager pools with up to 15 firms each for an initial four-year term.

Demand for municipal bonds is much stronger in 2020 than it was to end 2019, illustrated by record inflows into the asset class in the latest reporting week.

The former FTN Financial increased its underwriting numbers in 2019 and parent First Horizon National merged with Iberiabank of Louisiana, adding more heft.

Huntington Beach approved a resolution to refinance up to $436 million of public employee pension debt with pension obligation bonds.

Bill Carabasi has 37 years of sales and trading experience in the fixed income and municipal bond markets.

California's I-Bank will be the conduit on the second set of bonds to finance construction of the Academy Museum of Motion Pictures.