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Moody's Investors Service has downgraded to A1 from Aa3 the Metropolitan Washington Airports Authority's $5 billion of airport revenue bonds.
June 20 -
A U.S. House panel has given initial approval to an appropriations bill that would slash funding from programs that support public infrastructure projects as part of an effort to cut federal transportation and housing spending by $7.7 billion.
June 20 -
Tax-exempt money market funds' inflows slowed to $819.6 million in the week ended June 17 after a $3.13 billion surge the week before, according to The Money Fund Report, a service of iMoneyNet.com.
June 20 -
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Life insurance companies' interest in municipal bonds has grown dramatically over the past several years, as their holdings have more than tripled since 2007.
June 19
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Households remained the biggest owners of municipal bonds in the first quarter of 2013 while mutual funds and U.S. chartered depository institutions increased their share of the $3.7 trillion market, quarterly data from the Federal Reserve Board showed.
June 17 -
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Table as of: 06/14/2013 17:01 PM Invisible Supply Issuer and purpose Amount
June 17 -
Volume will inch higher this week as issuers are expected to bring an estimated $6.40 billion of new volume to the primary market led by sizable offerings that include a California health care offering, a New York water sale, and a Texas airport financing.
June 16 -
The amount of money investors have withdrawn from municipal bond mutual funds, at $1.61 billion for the week of June 12, continues to climb and break records for the year.
June 14
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Providence, R.I. Mayor Angel Taveras desires $39 million in federal TIGER grant money to help fund a streetcar project he called essential to the city's comeback.
June 14 -
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Citi strategists released a report saying they do not expect municipal bond yields to continue to climb, although the road to stabilization will not be smooth.
June 13
