Municipal New Issuance: Last week’s negotiated calendar totaled to roughly $4.8 billion with the largest deals being the $873 million Illinois State Tollway Authority issuance followed by the $383 million City of Chicago taxable issue. Last week was the last significant sizable calendar as many issuers are done for the year. Municipal Secondary Trading: For the second week … Continued
“The new issue calendar priced just over $20 billion topping estimates of $15-20 billion for the week. Financial spreads in secondary paper were 2-10 basis points tighter on solid volume.” Get your updates on the credit market each week with Talking Tuesdays from Stephen L. Haas, Head of Credit Trading for AmeriVet Securities.
Municipal New Issuance: Last week’s negotiated calendar totaled to roughly $9.1 billion which marks the last significant and sizable issue week for the year. The largest deals of the week were the $1.1 billion New York City Transitional Finance Authority issue which AmeriVet participated in the Selling-Group. The next largest deal of the week was the $812 … Continued
“The new issue calendar priced $17.5 billion topping estimates of $15 billion last week. Financial spreads were 2-10 basis points tighter on heavy volume for the week.” Get your updates on the credit market each week with Talking Tuesdays from Stephen L. Haas, Head of Credit Trading for AmeriVet Securities.
Municipal New Issuance: Last week’s negotiated calendar totaled to roughly $9.23 billion for the week with the largest deal being the $2 billion New York State Transportation Development Corp JFK Airport Terminal Project issuance which garnered the bulk of the attention this past week. The second largest deal of the week was the $1 billion California Community … Continued
The credit markets in November topped the front end of expectations, pricing $98.575Bln on expectations of $90-100Bln. The U.S. Treasury market saw 2’s—10’s close inverted by 36 basis points while 2’s-30’s reversed and closed inverted by 19 basis point. Spreads were tighter across the board by 15 to 40 basis points and traded in a 25-45 … Continued
We’re thrilled to announce that AmeriVet Securities has been honored with the prestigious 2023 Platinum HIRE Vets Medallion Award by the U.S. Department of Labor. This marks our 6th consecutive award, a streak unbroken since the award’s inception in 2018! The HIRE Vets Medallion Award is the only federal-level recognition for companies dedicated to veteran … Continued
This GivingTuesday, we at AmeriVet Securities extend our deepest gratitude to those who’ve served our nation. We’re proud to support remarkable nonprofit organizations dedicated to empowering our veteran community, focusing especially on minority communities within our veteran family. The Foundation for Women Warriors: Championing the resilience and potential of women veterans and their children, providing … Continued
“Financial spreads in secondary paper were unchanged-to-5 basis points tighter on light volume for the Thanksgiving holiday and we saw $859 million of net client buying lead by Consumer Discretionary, Industrials and Utilities with Technology, Consumer Staples and Materials seeing light net client selling.” Get your updates on the credit market each week with Talking … Continued
Municipal New Issuance: With the Thanksgiving holiday last week, many issues sat on the sidelines as the negotiated calendar had a total volume of about $582 million with the largest deal being the $125 million Trimble County of Kentucky issuance. AmeriVet participated on one deal last week as a Selling-Group-Member which was the $30 million New Hampshire … Continued