Investments

Bond insurer MBIA Inc. announced that the New York State Department of Financial Services denied a request by MBIA Insurance Corp. to make its interest payment scheduled for Tuesday.

Gov. Dave Heineman last week announced an agreement between the University of Nebraska and Nebraska State College System that would allow for a two-year tuition freeze and increase state funding for the schools

Detroit is expected this week to win a $25 million federal grant for a long-planned light-rail project along one of the city's main corridors.

DePaul University in Chicago won an upgrade from Moody's Investors Service Monday in recognition of its consistent positive operating performance and established student market.

KANSAS

ILLINOIS

MISSISSIPPI

CALIFORNIA

As new-issue volume begins to build a little more momentum than last week, a two-pronged negotiated deal from the Arizona Transportation Board totaling $706.2 million will headline the activity, which includes an estimated $5.62 billion in primary issuance, according to Ipreo LLC and The Bond Buyer.

More municipal bond investors have shown an affinity for actively managed muni ETFs.

Eaton Vance wants to be an industry leader in non-transparent actively managed muni exchange-traded funds.

The International Bridge Tunnel and Turnpike Association has announced a campaign to elevate the role of tolling in transportation funding, backed by a recent Reason Foundation study that advocates for expanded use of toll financing.

Pennsylvania has released guidelines for public-private partnerships under the state's new P3 authorization law, and announced it would accept unsolicited proposals during May and October.

Inflows returned to the market for municipal bond mutual funds with a vengeance, at $1.55 billion for the week ended Jan. 9.

Table as of: 01/10/2013 13:40 PM Invisible Supply Issuer and purpose Amount

CALIFORNIA

ARIZONA

Texas colleges and universities are seeking $3.6 billion of bond authority under a bill introduced by state Sen. Judith Zaffirini. Requests for tuition revenue bonds in the previous session failed amid deep budget cuts.

The Bond Buyer weekly yield indexes declined the week ended Jan. 10.

The U.S. Chamber of Commerce unveiled its 2013 policy agenda Thursday, calling for an increase in the federal gas tax at a time when some state leaders and industry experts are no longer pursuing that goal.