Public finance

Table as of: 03/19/2013 16:20 PM Invisible Supply Issuer and purpose Amount

The American Society of Civil Engineers has given America's infrastructure an overall grade point average of D+ across sixteen categories — up slightly from the D in its last report in 2009 and the first improvement since the group started its report card in 1998.

Moody's Investors Service said it expects to finalize its approach to making adjustments to the pension data reported by U.S. state and local governments in April.

The New York Thruway Authority says it is in the process of obtaining a $1.5 billion TIFIA loan, but U.S. DOT guidelines indicate the loan would be at least $200 million less.

IOWA

IDAHO

Congress will have a chance in coming weeks to consider two pieces of legislation aimed at increasing investment in water infrastructure, including bonds and public-private partnerships.

U.S. credit implications remain uncertain following conflicting budget proposals last week, according to Moody's Investors Service.

U.S. Bancorp announced Monday that its subsidiary, U.S. Bank, has agreed to acquire Deutsche Bank's municipal bond trustee business.

The settlement between some states and tobacco manufacturers is a credit positive for those states and their related tobacco securitizations, Fitch Ratings said in a report Friday.

ILLINOIS

ALABAMA

While Central Falls, RI, and Pittsburgh see light at the end of their tunnels, other tales of municipal distress from Harrisburg to California are much messier.

Medicaid and Medicare funding cuts under the new federal health care law could force states to choose whether to compensate hospitals with their own dollars or let hospitals' credit quality decline, Moody's said.

Table as of: 03/14/2013 15:36 PM Invisible Supply Issuer and purpose Amount

ALASKA

ALABAMA

Mark Crisson, president and chief executive officer of the American Public Power Association, plans to retire from the group on April 1, 2014.

Reps. Richard Neal, D-Mass. and Lee Terry, R-Neb., both former public officials, have introduced a resolution on the importance of municipal bonds to state and local governments that they hope will garner a lot of attention and support among House members.