Sell side

Scott Waguespack will chair the committee that vets city bond deals and other financial transactions.

Owners of two firms will join Hilltop Securites as managing directors, the firm said.

In the week ended May 23, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged from 3.75% the previous week.

The Connecticut Housing Finance Authority became the first housing entity to use the Secured Overnight Financing Rate when it issued $100 million of variable-rate bonds.

Kyle Javes will fill a new post at Piper Jaffray as the firm seeks to expand in specialty sectors.

Fiona Ma has been pushing the state's bond team to explore refundings and to sell new money bonds while rates remain low.

Municipal bond sales sank 28.2% from April 2018 as issuers awaited clarity on federal infrastructure plans.

The municipal bond industry veteran, formerly of PNC and Janney, will head municipal strategy and credit at Hilltop.

Bankers have until May 1 to submit their qualifications and their ideas to finance a $250 million expansion.

Next week’s calendar should benefit from timing and availability coming on the heels of both the income tax deadline and the holiday-shortened week.

Nuveen, in its defense against Preston Hollow's lawsuit, says its conduct in the fight for bond business was legal whether the other firm likes it or not.

Municipal bond insurers are running close to last year's clip through the first three months of 2019, as the two active insurers wrapped $3.61 billion in 288 transactions. That compares with $3.61 billion 257 deals during the same period last year. The insurance penetration rate dipped to 4.8% from 5.9% at the end of the first quarter of last year.

In the week ended April 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged from 3.88% the previous week.

Lori Lightfoot picked Jeffrey Bethke to help address the city's pension and budget demands when she takes the helm next month.

Refundings of recession-era stimulus bonds are driving California's robust sales volume.

The standalone grant anticipation revenue vehicle bond deal is the first of several tranches the state will issue over the next few years.

With plenty of cash looking to go to work, investors are not loving the calendar or what small allocations they will be allotted as we draw near the end of tax season.

California finds itself in a familiar spot, with the most muni issuance through the first three months of the year. The rest of the rankings show a mix of usual suspects and new faces.

Municipal underwriters jockey for position as business increased 21.9% from the first quarter of last year.

Owners of the privately owned passenger train project plan to ask the Florida Development Finance Corp. to approve more bonds Friday.