Stout New-Issue Calendar Helps Keep Municipal Buying in Check

Johnson, Anastasija
September 2004
Bond Buyer;9/14/2004, Vol. 349 Issue 31968, p2
Trade Publication
This article reports some recent developments in the U.S. municipal bond market. The municipal bond market finished flat to a touch better on September 13, 2004, as gain in the Treasury market encouraged some participants to step up their bids, though there was no widespread buying given a heavy new-issue calendar this week. In some cases the bid side improved by one basis point, but at the same time bid-ask spreads remained wide, as participants were reluctant to take on paper the day before Pennsylvania was scheduled to sell $805 million general obligation bonds and Atlanta was expected to come to market with $865 million water and sewer revenue bonds. However, new-issue supply will be a major factor in the municipal market this week, as long-term bond volume is expected to rise to $5.37 billion from $4.3 billion last week, according to estimates by the periodical "The Bond Buyer."


Related Articles

  • Thursday's Data.  // Bond Buyer;11/21/2014, Issue F345, p1 

    GovernmentSecurities Prices 10-year: 99 7/32 to yield 2.34, up 8/3230-year: 98 28/32 to yield 3.06, up 13/32 Municipal BondIndex 124 11/32, up 8/32 The Bond Buyer's30-Day VisibleSupply (as of 11/21) Total: $5.061 billion, down $1.036 billionCompetitive: $1.208 billion, down $390.5...

  • Northeast Issuance Drops in 2013 First Half. SLAVIN, ROBERT // Bond Buyer;8/12/2013, Vol. 385 Issue 33960, p1 

    The article discusses the amount and value of municipal bonds sold by issuers in the U.S. Northeast in the first half of 2013 according to data from media and information firm Thomson Reuters. Figures show that sales declined by more than 25 percent from the same period in 2012. The regional...

  • Muni Prices Weaken; Atlanta Sells GOs. Barnett, Chip; Weitzman, Aaron // Bondbuyer.com;6/10/2015, p16 

    The article discusses the lower prices of top rated U.S. municipal bonds at mid-session as of June 10, 2015. Topics covered include general obligation bonds sold by the city of Atlanta, Georgia in the primary market, the higher yield on the 10-year benchmark municipal general obligation bond,...

  • Munis Quiet in Light to Moderate Activity. Scarchilli, Michael // Bond Buyer;8/5/2009, Vol. 369 Issue 33161, p2 

    The article reports on the status of the municipal bond market in the U.S. as of August 4, 2009. Traders say that the market remains in light to moderate activity wherein the overall bond trading has slowed down through the Labor Day. Also provided are updates of bonds from interdealer trades...

  • Market Prepares for $5.5B California Revenue Anticipation Notes. ALBANO, CHRISTINE // Bond Buyer;8/12/2013, Vol. 385 Issue 33960, p5 

    The article discusses the outlook for the U.S. municipal bond market for the week of August 12, 2013. It mentions how the market is waiting for a 5.5-billion-dollar California revenue anticipation note deal and more long-term paper. The long-term deals are expected to appeal to retail investors...

  • Market Ready for Round 2 of New Supply. Barnett, Chip; Weitzman, Aaron // Bondbuyer.com;6/10/2015, p8 

    The article reports on municipal bond deals in the U.S. during the week of June 10, 2015. Topics covered include transactions in the competitive and negotiated sectors, a rise in the yield of two-year Treasury notes, and the ten-year municipal bond to Treasury note ratio. Also mentioned are...

  • Muni Prices Unchanged Ahead of New Deals. Barnett, Chip; Weitzman, Aaron // Bondbuyer.com;3/23/2015, p23 

    The article reports on the prices of top-rated U.S. municipal bonds at mid-session as of March 23, 2015. Topics discussed include the cessation of yields' downward trends since the March 2015 meeting of the Federal Open Market Committee, yields on the ten-year benchmark municipal general...

  • Munis Slightly Firmer, Following Treasuries. Scarchilli, Michael; Herman, Jack // Bond Buyer;8/8/2008, Vol. 365 Issue 32936, p2 

    The article reports on the performance of municipal bonds in the U.S. for August 7, 2008. It states that the municipal market was slightly firmer in the said date. It is a little better in line with Treasuries. It states that trades reported by the Municipal Securities Rulemaking Board showed...

  • Weekly Indexes Rise as Municipal Market Weakens. Scarchilli, Michael // Bond Buyer;7/25/2008, Vol. 365 Issue 32926, p7 

    The article reports on the performance of the "Bon Buyer's" weekly yield for the week of July 25, 2008 in the U.S. It states that the weekly yield indexes rose, as the municipal market weakened in all but one of the week's session. It states that the municipal market was weaker by about three or...


Read the Article


Sign out of this library

Other Topics