New York
Deals from Texas, Florida top slate; muni yields continue to rise
“People are just kind of sitting on their hands and being careful because MMD is raising yields every day and people don’t know which way this is heading,” said John Farawell of Roosevelt & Cross.
Read MoreNew York City to sell $700 million of taxable social bonds next month
“Last year’s successful social bond issuance has proven that there is growing investor demand for socially conscious investments and I am thrilled that we are able to offer this opportunity again,” said City Comptroller Lander said.
Read MorePort Authority of N.Y., N.J. affirmed ahead of $1.08 billion refunding
The Port Authority of New York and New Jersey will bring affirmations of its AA-minus level ratings to its next bond deal, a refunding expected in September.
Read MoreNortheast municipal bond issuance fell 26% in first half
New York deals dominated the top ranks of regional issuers in the first half of 2023 even as supply sank around the Northeast and around the country.
Read MoreMunis improve, NYC TFA retail prices
The back half of July is starting “much like the front half with ongoing UST volatility and municipal supply staying in the forefront,” said Kim Olsan, senior vice president of municipal bond trading at FHN Financial.
Read MoreVikram Rai let go from Citigroup
“I got cut,” he told The Bond Buyer. “I’m looking for a new job now.”
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