The Metropolitan Atlanta Rapid Transit Authority (MARTA) is poised to make headlines again as it embarks on a significant financial venture: the issuance of green bonds rated AAA. This strategic move not only aims to refinance previous bond issuances from 2020 and 2021 but also serves a dual purpose by funding substantial upgrades to MARTA’s
Bonds
The New York City Transitional Finance Authority (TFA) is gearing up to launch a substantial $1.6 billion refunding deal in the upcoming week. Such a transaction is commonplace for the TFA, which has a history of issuing debt in the municipal bond market to fund various city initiatives. However, the backdrop against which this refinancing
The municipal bond market has displayed varying trends recently, marked by slight firming in short-term municipal bonds as we head into mid-July. While the primary market decelerates, muni mutual funds are experiencing continued inflows, a sign that investor sentiment remains resilient. According to the latest data from Refinitiv Municipal Market Data, yields for U.S. Treasuries
The beginning of 2025 has demonstrated a notable increase in municipal bond issuance, with January reporting an unprecedented total of $35.243 billion spread across 486 issues. This marks a substantial rise of 10.8% from the previous year’s figure of $31.817 billion in 554 issues. These figures not only reflect a year-on-year increase but also exceed
In recent months, White Lake Township, located in Michigan, has been thrust into the challenging arena of cybersecurity threats, facing a significant setback due to a cyberattack that forced the cancellation of a vital bond sale. This unfortunate event not only obstructed the township’s immediate financial planning but also raised concerns about the integrity of
The municipal bond landscape has displayed relative steadiness in recent trading sessions, especially in the context of an important Federal Open Market Committee (FOMC) meeting looming on the horizon. Investors and analysts alike are closely monitoring developments, particularly given the external macroeconomic pressures exerted by the federal government’s shifting policies under President Donald Trump. Insights
In a significant move towards enhancing educational infrastructure, the Iredell County Commission in North Carolina has approved a comprehensive plan to issue $124 million in general obligation (GO) and limited obligation bonds. This bold decision, made unanimously by the commission members, is aimed at funding the construction of a new high school. However, the approval
The municipal bond market is currently experiencing a wave of positive momentum, supported by a favorable primary market atmosphere. Recent trading sessions have shown firmness in secondary trading, with U.S. Treasury yields exhibiting a downward trend, indicating growing confidence among investors. According to data from Refinitiv Municipal Market Data, the municipal bond ratios relative to
With the municipal bond market exhibiting a complex interplay between supply and demand dynamics, a closer examination reveals a market that is not only grappling with challenges but also highlighting significant opportunities for investors. Recent market movements, including upticks in issuance, notable inflow trends in mutual funds, and varying yield patterns, underscore the evolving landscape
The municipal bond market has recently encountered a series of compelling shifts, reflecting broader economic patterns and investor sentiment. While the U.S. Treasury yields experienced a slight decline, municipal bonds have shown resilience, navigating through varying degrees of demand and supply pressures. Understanding these dynamics offers valuable insights into potential investment opportunities as well as