Investments

The Bond Buyer's weekly yield indexes were again mixed the week ended May 16.

Tax-exempt money market funds had a hard time holding onto what little inflows they regained last week as $1.72 billion exited the industry and total net assets settled at $258.36 billion in the week ended May 13, according to The Money Fund Report, a service of iMoneyNet.com.

For Bill Walsh, there isn't much room in a retail investor's muni bond portfolio for volatility or variability. That's why the 33-year municipal market veteran and president of Hennion & Walsh prefers high-quality paper and low risk for his pre-retiree clients, as well as personalized portfolio planning that is tied to clients' life goals and objectives.

Table as of: 05/15/2013 14:04 PM Invisible Supply Issuer and purpose Amount

ALABAMA

ARKANSAS

Rising concern about the availability of future water supplies and the need for new infrastructure will take center stage at The Bond Buyer's Financing Municipal Utilities Conference.

The Senate voted 83-14 Wednesday to pass the Water Resources Development Act of 2013, which authorizes federal water program spending and includes a a pilot program that would offer low-interest loans and loan guarantees for water infrastructure projects.

Creating a municipal road and bridge revolving fund is crucial to improving Rhode Island's roads and bridges, Treasurer Gina Raimondo told a House panel in Providence.

CALIFORNIA

ARKANSAS

New deals have arrived, but the tenor the municipal market has taken on has moved toward one of higher yields.

Managed toll lanes carry greater credit risks than traditional toll roads because they are challenging to implement and subject to extreme traffic volatility, according to a new report from Moody's Investors Service.

The municipal market is waiting for the week's primary issuance to arrive Tuesday and set a tone for yields.

COLORADO

ILLINOIS

Table as of: 05/13/2013 16:38 PM Invisible Supply Issuer and purpose Amount

Williams College will go to market with a $154 million negotiated sale of Series 2013P revenue bonds through the Massachusetts Development Finance Agency.

As this year's note season ramps up, market participants expect strong demand and steady levels of issuance with last year's seasonal total of almost $39 billion.

University of Texas regents approved $334.5 million of university revenue bonds to fund a medical school in Austin.