The Treasury Department said it will auction $35 billion two-year notes on Tuesday, July 23, and $35 billion five-year notes on Wednesday, July 24.
The five-years are due July 31, 2018. The two-years are due July 31, 2015. The notes settle July 31.
The commission also made changes to planned Louisiana State gas and fuel tax bonds of up to $1 billion
High-yield muni issuance totals $20 billion year-to-date, "reflecting normalization from relatively depressed levels in 2023 ($7.6 billion over the comparable period), and now virtually equal to the trailing five-year average for the period ($20.1 billion)," said J.P. Morgan strategists, led by Peter DeGroot.
Mayor Eric Adams was indicted on federal bribery, campaign finance and conspiracy charges, the U.S. Attorney's Office announced Thursday.
The privately placed taxable bonds to be issued through Bernalillo County will help finance a manufacturing facility for Ebon Solar.
"The market is strong right now, and we expect that to continue into next year," Loop's head of public finance Bo Daniels said.
The continuing resolution to keep the government funded was passed without the inclusion of controversial legislation requiring proof of citizenship in order to vote.