Investments

A $2.5 billion California general obligation financing will thunder into the municipal market at a time when volume is expected to inch up over $8 billion in what is one of the largest one-week supply scenarios so far this year -- however the extra supply may force underwriters to bump yields in order to get investors' attention on the heels of last Thursday and Friday's weakness, according to one market expert.

Barclays is warning that if a Build America Bond subsidy payment is reduced under sequestration and this triggers an extraordinary redemption provision, the issuer may be able to call those BABs anytime, even years later when market changes make the call affordable.

The decline in college savings among Americans is a credit negative for the higher education sector, according to Moody's Investors Service.

Two northern Virginian House Democrats have introduced legislation that would authorize the study of an expansion of the Washington Metrorail deeper into the commonwealth.

Zero-coupon bonds: exceptional value or chronic underperformance? Opinions vary, but there's no mistaking that there's a lot of activity in zeros lately as investors look to them for yield.

Connecticut's Bond Commission will vote on more than $37 million in capital improvement projects for community colleges at its special meeting.

ARKANSAS

ALABAMA

The Bond Buyer's weekly yield indexes increased the week ended March 7.

For the first time in nine weeks, muni bond funds that report flows weekly recorded outflows for the week of March 6, at $97 million.

The House approved legislation on Wednesday to fund the government after current authorization expires March 27, over the objections of transportation advocates upset that it would cut millions in highway and transit spending.

Flows into tax-exempt money market funds were positive by $17 million in the week ended March 4 as total net assets only increased to $278.79 billion, according to The Money Fund Report, a service of iMoneyNet.com.

ALABAMA

ALASKA

Three Senate Democrats wrote to House Speaker John Boehner, urging him to restore transportation funding cut in pending House legislation.

Table as of: 03/05/2013 12:57 PM Invisible Supply Issuer and purpose Amount

ALABAMA

FLORIDA

Fitch Ratings last week affirmed its B rating on Midland University and revised its outlook to stable.

The University of Massachusetts Building Authority plans a $270 million bond sale to benefit capital projects at the system's five campuses statewide.