New Money Up, But April Volume Drops

Meyers, Maxwell
May 2006
Bond Buyer;5/1/2006, Vol. 356 Issue 32371, p1
Trade Publication
The article reports on the continued overall decline in municipal bond issuance in April 2006 in the U.S. Indications showed that tax-exempt borrowers sold 14 percent less debt in the month than they did a year ago. Although the volume for the year is running 24 percent down from last year's pace, market analysts are still optimistic that the decline in issuance would ease later in the year as new-money sales gain momentum.


Related Articles

  • Munis Firmer Amid Heavy New-Issue Supply. S├žarchilli, Michael; Posner, Matthew // Bond Buyer;10/5/2006, Vol. 358 Issue 32481, p2 

    The article reports that as of October 14, 2006 municipal market has been slightly firmer as market participants endured a flood of new-issue supply, having a deals that totaled to more than $2 billion in the U.S. According to traders, tax-exempts were about two or three basis point firmer....

  • Muni Demand Strong; Trader 'Loving It'. Scarchilli, Michael // Bond Buyer;3/10/2008, Vol. 363 Issue 32832, p2 

    The article reports on the strong demand for tax-exempt municipal securities in the U.S. as traders prefer this market. Traders stated that tax-exempt yields were lower by five to seven basis points. The Municipal Securities Rulemaking Board reported gains in trades. One trader in New York...

  • Munis Weaker by 5-Plus Basis Points. Scarchilli, Michael // Bond Buyer;10/10/2008, Vol. 366 Issue 32980, p2 

    The article reports on the performance of the municipal market in the U.S. It was weaker as traders indicate that tax-exempt yields were higher by five of six basis points. Trades reported by the Municipal Securities Rulemaking Board showed losses, just like the Treasury market after stock...

  • Munis Firmer Following Treasury Gains. Scarchilli, Michael // Bond Buyer;11/7/2008, Vol. 366 Issue 32999, p2 

    The article reports on the performance of the U.S. municipal bond market as of November 7, 2009. The market was firmer following Treasury gains as traders said tax-exempt yields were lower by two to four basis points overall. The Treasury market showed gains as the yield on the benchmark 10-year...

  • MARKET STATISTICS.  // Bond Buyer;4/2/2004, Vol. 348 Issue 31855, p36 

    Presents data on the municipal bonds market in the U.S. as of April 2, 2004. Yields of short-term tax-exempt bonds; Prices of U.S. securities; Bond Buyer indexes; New-issue balances; State and local government series rates.

  • Muni Market Keeps Rallying. McGee, Patrick // Investment Dealers' Digest;5/13/2011, Vol. 77 Issue 18, p7 

    The article discusses the performance of municipal market in the U.S. It highlights the continued appetite for tax-exempt paper which drove municipal-to-Treasury ratios to their lowest levels, implying that buyers continue to struggle for municipals despite low relative values. The drop of...

  • Munis Show Little Reaction to Bailout Passage. Scarchilli, Michael; Herman, Jack // Bond Buyer;10/7/2008, Vol. 366 Issue 32977, p2 

    The article reports on the performance of the U.S. municipal market. It was unchanged to slightly firmer as traders said tax-exempt yields were flat to lower by one or two basis points. It has shown little reaction to the House passing the Senate-approved version of the $700 bailout plan....

  • THURSDAY'S YIELDS.  // Bond Buyer;10/13/2006, Vol. 358 Issue 32486, p1 

    The article provides information on the Thursday, October 12, 2006, U.S. Municipal level market yield. Market yields in the municipal bonds for the day were unchanged, with a steadier tone, in the midst of a muffled market response to economic data of widened trade deficit in August and a lower...

  • N.Y. Issuers to Bring Up to $5.7 Billion to Market in 1Q. Scarchilli, Michael // Bond Buyer;1/12/2006, Vol. 355 Issue 32297, p1 

    The article reports that the New York State, New York City, and their major public authorities have decoded to sell up to $5.7 billion of municipal bonds during the first quarter of 2006. The $5.7 billion total is higher than the $4.4 billion that was issued during the first quarter of 2005....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics