Washington State topped the competitive calendar yesterday with $155 million full faith and credit bonds and permanent investors and trade buyers took all but $6 million by the close of trading.

Once again, secondary trading took a back seat to the primary arena where more than $900 million reached the market. Traders reported that prices of seasoned bonds finished the session 1/4 point lower in very light activity.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.