Sell side

Municipal bond volume is set to start final quarter of the year with a bang, with two issuers accounting for $3.3 billion,

The third quarter ended with a whimper, leaving year-to-date issuance 15% behind last year's pace.

The authority, one of the largest municipal bond issuers, will use the new benchmark to reduce its exposure to Libor, which is slated to sunset.

The competitive GO deal will feature five- or eight-year calls.

The district will bring $75 million of new money and refunding bonds to market.

Lombard sold $3.9 million of unrated GOs in its first market test after reneging on a pledge to support bonds sold to fund a hotel.

The Houston-based firm built by former Hilltop Securities bankers has added three key executives.

Commissioners made no mention of gun policies that led them to oust Citi and Bank of America Merrill Lynch from the deals.

Connecticut’s planned issue of credit revenue bonds is a “potentially terrible long-term solution,” says Municipal Market Analytics.

U.S. Bank’s Tom Gallo looks to the future after a five-decade career that has encompassed everything from pink sheets to the financial crisis.

Legacy costs are crowding out programmatic spending, according to a report by the Citizens Budget Commission's Ana Champeny and Maria Doulis.

Raymond James plans to enhance its standing in Texas public school finance with the addition of Curtil Culwell, who was superintendent of three different school districts.

Officials said the deal was undertaken to simplify the Valley Transportation Authority's debt portfolio.

Ten years ago, the financial avalanche that altered the municipal bond market gathered speed with the bankruptcy of Lehman Brothers.

The municipal bond market will be ready and waiting for the $7 billion of new issuance, including the first billion dollar deal in nearly five weeks.

Dominick Mondi will remain president of the firm's capital markets division.

His two-decade career as a California elected official has given him a reputation as a fiscal policy expert.

Monthly new-issue volume surpassed the $30 billion mark for the fourth time this year in August, helping keep third-quarter issuance close to last year's pace and potentially setting the stage for a more robust season of issuance in the Fall.

As cities continue to build upon their fiscally stable condition, a Michigan Senate bill was introduced that could hamper the continued growth and force residents – all taxpayers – to pay more for daily services and infrastructure, while limiting the ability of municipalities to finance vital capital infrastructure including roads, bridges, schools and more.

The Florida Development Finance Corp. will issue $1.75 billion of bonds for the privately owned passenger train project.