Search

The article reports that Far West issuers sold 44.7 billion dollars of municipal bonds in the first half of 2016. California issuers led the way and have sold 32 billion dollars that is up 0.7% over the first half 2015 and accounting for more than 70% of issuance in the Far West region. The refunding volume in the state fell 13.6% year-over-year.

Corporate bonds steadied in trading on Thursday, as better news from Italy produced a bizarrely strong rally in Italian government bonds. Corporate issuance is out of the question this week, but could come next week if markets continue steady. [ABSTRACT FROM AUTHOR]

After back to back weeks of decent issuance, the primary muni market will get with a reality check of weekly issuance below $3 billion, thanks mostly to continued tax reform fallout. [ABSTRACT FROM AUTHOR]

Greece's bond yields tumbled to their lowest levels in years after Moody's upgraded the sovereign last week, and talk of a second market comeback is of the more optimistic kind than just a few months ago. But Greece's government -- which wants to return to bond issuance this year -- and its creditors would do well to remember that we've been here before. As always, Greece will never enjoy a full market presence without some real debt relief. [ABSTRACT FROM AUTHOR]

The article informs that Japan Bank for International Cooperation has announced to launch issuance consisting of four separate government-backed bonds. It mentions bonds consist of both floating- and fixed-rate issuances with three, five and 10-year maturities. It also mentions several joint lead managers for all four issuers including Merrill Lynch, Goldman Sachs and Mizuho Securities.

Municipal bonds were stronger at mid-session as traders looking to a holiday-lite new issue slate. [ABSTRACT FROM AUTHOR]

Town of New Canaan, Connecticut $9,300,000 General Obligation Bonds, Issue of 2017 (Bank Qualified) (Book-Entry-Only) [ABSTRACT FROM AUTHOR]

Investors are firmly back in risk-of mode this week as global stock markets take a battering. This is likely to put new issuance on hold for the rest of the month and the outlook for September also looks uncertain, say bankers. [ABSTRACT FROM AUTHOR]

Medium term note investors could be forced to swallow negative yields on private placements following dramatic pricing moves, after the European Central Bank's announcement of quantitative easing last week. The first ever such deals are thought to have been sold this week, as supranationals and agencies tightened levels after the ECB's decision [ABSTRACT FROM AUTHOR]

A flurry of issuance by US financial names was not sufficient to rescue the slowest start to the year for the US FIG market since 2012 [ABSTRACT FROM AUTHOR]