Muni Bond New Issuance Scheduled Week of Jan 08 2018  via Mischler Muni Market Update looks back to last week’s miniscule metrics ($0.8bil new issuance) and provides view towards municipal debt offerings scheduled for this first full week of 2018.  As always, the Mischler Muni Market Outlook offers public finance investment managers, institutional investors focused on municipal debt and muni bond market participants a summary of the prior week’s municipal debt activity, including credit spreads and money flows, and a curated view of pending municipal finance offerings tentatively scheduled for this week’s issuance.

Last week muni volume was about $0.8 billion. This week volume is expected to be about $3.8 billion. The negotiated market is led by a trio of taxable deals, $500 million for Stanford Health Care, $410 million for Commonwealth Financing Authority (PA) and $219 million for Illinois Finance Authority. The competitive market is led by $600 million general obligation bonds for the Commonwealth of Massachusetts on Tuesday.

Below and attached is neither a recommendation or offer to purchase or sell securities. Mischler Financial Group is not a Municipal Advisor. For additional information, please contact Managing Director Richard Tilghman at 203.276.6656

For reading ease, please click on image below

Since 2014 alone, minority broker-dealer Mischler Financial Group Inc.’s  presence across the primary Primary Debt Capital Markets (DCM) space has included underwriting roles in which Mischler has led, co-managed and/or served as selling group member for more than $600 Billion (notional value) in new debt and preferred shares issued by Fortune corporations, as well as debt issued by various municipalities and US Government agencies.

Mischler Financial Group is the securities industry’s oldest minority broker-dealer owned and operated by Service-Disabled Veterans. Mischler is also a federally-certified Service-Disabled Veteran Owned Business Enterprise (SDVOBE).  Mischler Muni Market updates are provided as a courtesy to institutional clients of Mischler Financial Group, Inc.  (more…)