Investments

Table as of: 07/12/2012 14:11 PM Invisible Supply Issuer and purpose Amount

CONNECTICUT

ALABAMA

Municipal market participants are praising rules finalized by the Commodity Futures Trading Commission that except most state and local governments from having to clear interest rate swaps through a derivatives clearing organization.

The municipal market has been fairly energized this week by the simple economics of supply and demand.

In a stunning reversal of recent patterns, tax-exempt money market funds amassed $4.64 billion of new cash as total net assets soared to $274.7 billion in the week ended July 9.

The Dormitory Authority of the State of New York is expected to sell $1 billion of personal income tax bonds in a competitive offering on Tuesday.

The market continued to show its confidence in municipal bond mutual funds with strong inflows following a holiday week of relative inactivity.

Nearly three-quarters of the tobacco settlement bonds rated by Moody's Investors Service will default if smokers keep up their current pace of kicking or cutting back on their habit, the agency warns in a new report.

An analysis of rating actions shows that public-private partnerships are highly exposed to the effects of downgrades and negatives outlooks applied to participants in the P3, according to a report from Moody's Investors Service released Thursday.

Aerostar Airport Holdings and Gruopo Aeuropuertos Avance submitted their proposals for a public-private partnership to run the Luis Muñoz Marín International Airport this week.

With an eye toward expansion, Memphis-based FTN Financial Capital Markets recently brought on six new traders and sales professionals for its muni division.

Fitch Ratings downgraded San Francisco Community College District three notches due to concerns about its accreditation.

One analyst is finding opportunity in the intermediate part of the yield curve – where the risk is modest and the rewards are the greatest compared to the short and long ends of the curve, and is also recommending the municipal market overall as a safe alternative at a time of shifting investor sentiment.

ARIZONA

ARKANSAS

COLORADO

Table as of: 07/10/2012 15:41 PM Invisible Supply Issuer and purpose Amount

Big bond commitments will be a major piece of the funding puzzle when it comes to constructing a national high-speed rail system, U.S. Transportation Secretary Ray LaHood affirmed Wednesday.

ARKANSAS