Public finance

Table as of: 07/29/2013 14:22 PM Invisible Supply Issuer and purpose Amount

MASSACHUSETTS

Municipal bond mutual fund exposure to the city of Detroit is not as heavy as initially projected, new analysis by an investment research firm shows.

KANSAS

ARIZONA

The municipal market may stabilize in the coming week, helped by a calendar that is moderate in size, diverse in composition and rich in familiar and attractive names, market watchers say.

Bold headlines from Detroit's bankruptcy filing and Chicago's downgrade provided strong drivers for the ninth straight week of outflows from municipal bond mutual funds, at $1.23 billion.

ARKANSAS

ALABAMA

Table as of: 07/25/2013 16:15 PM Invisible Supply Issuer and purpose Amount

The Bond Buyer's weekly yield indexes increased the week ended July 25.

Three leaders of Senate committees that oversee transportation are calling for colleagues to work together to address the Highway Trust Fund shortfall that is expected to occur after the current funding law expires on Sept. 30, 2014.

Congress should consider eliminating tax exemption and privatizing infrastructure to subject it to property taxes in order to broaden the tax base, a director from the right-leaning think tank, Cato Institute, said this week.

Investor demand for tax-exempt money market funds withered, as the industry registered another $475.3 million in outflows.

Table as of: 07/24/2013 10:58 AM Invisible Supply Issuer and purpose Amount

ARKANSAS

CALIFORNIA

U.S. Transportation Secretary Anthony Foxx said his office is trying to make sure that money authorized for the Transportation Infrastructure Finance and Innovation Act program is being quickly loaned out for projects, though experts said the process could be improved.

Many large managers of municipal bond funds with Detroit paper said they haven't heard any panic from their investing clients since the city filed for bankruptcy and many of their funds have lost value.

Kentucky is selling $207.7 million of Garvees to partially fund its $1.3 billion bridge project known as the "Downtown Crossing" because it traverses Louisville.