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Table as of: 05/31/2013 15:15 PM Invisible Supply Issuer and purpose Amount
June 3 -
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Note season will get underway this week with a $1 billion sale of tax and revenue anticipation notes from Los Angeles County, while the commonwealth of Massachusetts will also sell $1 billion of general obligation debt amid more than $5 billion of expected new volume.
June 2 -
Issuance numbers for long-term municipal bonds in May continued to underwhelm market expectations, decreasing 28% for the month.
May 31
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Muni bond mutual fund flows fell back into the red at $157 million, entering territory they occupied for most of the spring.
May 31 -
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Table as of: 05/30/2013 15:54 PM Invisible Supply Issuer and purpose Amount
May 31 -
Puerto Rico has disclosed that the U.S. Treasury is no longer skimming money from federal grant payments backing the commonwealth's Garvee bonds, a day after Moody's Investors Service placed the debt on notice for possible downgrade.
May 30 -
U.S. toll roads are maintaining high investment-grade ratings, despite the slow economic recovery, Fitch Ratings said Thursday, releasing its first annual review of the toll roads it rates.
May 30 -
Outflows among tax-exempt money market funds continued to fluctuate in the week ended May 27 as $1.84 billion fled the industry and total net assets settled at $257.43 billion, according to The Money Fund Report, a service of iMoneyNet.com.
May 30 -
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Academy Securities, an investment bank with a municipal business started by a retired naval officer, wants to put those who've served in the armed forces to work in the securities industry.
May 29 -
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In a move showing that Garvees, like Build America Bonds, are subject to the risk of federal offsets, the U.S. government has reduced transportation funds backing Puerto Rico's Garvees to make up for the Commonwealth's failure to pay money owed to a federal agency for river projects.
May 28 -
