Munis steady ahead of FOMC; Washington GOs sell to good reception

July 25, 2023

The offered side “has continued to pack the primary market with value to manage their (and the market’s) potential downside if disruption did occur; this also helps the context for muni buyers headed into the Fed,” said Matt Fabian, partner at Municipal Market Analytics.

Posted in Local Governments & Public Authorities, Municipal Finance, Primary bond market, Public finance, Secondary bond market, Washington and tagged , , ,