Munis Unchanged Ahead of FOMC Minutes Release

Curran, William; Scarchilli, Michael
May 2006
Bond Buyer;5/31/2006, Vol. 356 Issue 32392, p2
Trade Publication
The article reports that the municipal bond market seemed unchanged in the last week of May, 2006 just before the release of the minutes of the May 10 meeting of the Federal Open Market Committee in the United States. The investors were cautious after the holiday weekend to buy securities but those who are in the field will receive $39.2 billion in June 2006, which is a higher amount than any other recent months. In July the bonds will bring another $35.4 billion of potential reinvestment income. The tax exemption calendar also is weaker in the last week of May with only $3.6 billion of long-term bonds scheduled for sale.


Related Articles

  • Tax-Exempts End Busy Primary Week On Steady Note. RIGGS, TAYLOR // Bond Buyer;8/12/2013, Vol. 385 Issue 33960, p2 

    The article discusses the performance of tax-exempt bonds during the week of August 9, 2013. It mentions the stronger trading of Puerto Rico Electric Power Authority bonds following the pricing of power revenue bonds. Figures from Interactive Data show the higher trading of long bonds in block...

  • IRS Closes Two Audits in Colorado. Jagoda, Naomi // Bondbuyer.com;1/30/2015, p18 

    The article discusses the completion of the U.S. Internal Revenue Service (IRS) audits on bonds in Colorado and the retention of their tax exemption status. Topics covered include the audit of Colorado Housing and Finance Authority's bonds issued in 2002, audit of bonds issued by the Colorado...

  • Munis Firmer on Lower GDP Data. Scarchilli, Michael; Posner, Matthew // Bond Buyer;10/30/2006, Vol. 358 Issue 32497, p2 

    The article provides an overview of the performance of the municipal bond market on October 27, 2006. According to traders, tax-exempt bonds were about two basis points firmer after the final October University of Michigan consumer sentiment index came in higher than expected. A yield of 4.25...

  • Weekly Indexes Rise Dramatically as Credit Crunch Takes Toll. Scarchilli, Michael // Bond Buyer;9/19/2008, Vol. 365 Issue 32965, p6 

    The article reports on the dramatic rise of the Bond Buyer's weekly yield indexes as tax-exempts grew continuously weaker amidst the credit crunch. According to Matt Fabian, managing director at the Municipal Market Advisors, tax-exempts could continue to get weaker unless they get a bit more...

  • Munis Unchanged, As Overall Tone for Week Improved. Curran, William; Scarchilli, Michael // Bond Buyer;7/17/2006, Vol. 357 Issue 32424, p2 

    The article reports that the municipal bond market of the United States was largely unchanged during the second week ended July 14, 2006, even as the tone improved considerably from the previous week. Tax-exempt bonds, however, did not improve significantly despite the release of bond-friendly...

  • Munis Weaken But New-Issue Pricing Is Firm to Strong. McGee, Patrick // Bond Buyer;6/8/2011, Vol. 376 Issue 33529, p2 

    The article offers information on the performance of the U.S. bond market as of June 7, 2011. It mentions that the pricing of new bond issues has been strong despite the weak performance of municipal bonds. It also notes that the yields of tax-exempt bonds maturing between 2019 and 2036 have...

  • Rhode Island Agency Readies $72 Million for Institutions. Phillips, Ted // Bond Buyer;3/10/2009, Vol. 367 Issue 33077, p6 

    The article reports on the bond issues marketing by the Rhode Island Convention Center Authority. Institutional pricing starts March 10, 2009 for agency's $72 million of tax-exempt refunding bonds and $500,000 of taxable refunding bonds, following a one-day retail order period on March 9. The...

  • MARKET STATISTICS.  // Bond Buyer;8/08/2003, Vol. 345 Issue 31695, p36 

    Presents statistics related to bond market in the U.S. as of August 08, 2003. Bond market indicators; Short term tax-exempt yields; Municipal market general obligation yields.

  • Muni Yields Up 3 to 4 Basis Points: $507M of LADWPs Open for Retail. Chesla, Nicholas; Johnson, Anastasija // Bond Buyer;7/08/2003, Vol. 345 Issue 31672, p2 

    Reports on the state of the U.S. bond market as of July 7, 2003. Increase in municipal bond yields; Portion of the retail order period that was opened by underwriters in the new-issue market; Limitation of a return of retail interest in tax-exempt bonds.


Read the Article


Sign out of this library

Other Topics