Public finance

Table as of: 02/05/2013 13:48 PM Invisible Supply Issuer and purpose Amount

Several individuals have emerged as candidates to replace Transportation Secretary Ray LaHood when he steps down, but that person will need to be very proactive to affect meaningful policy, lobbyists say.

Hospitals will likely continue to come to market to take advantage of low interest rates and strong investor interest despite uncertainty tied to federal deficit talks and implementation of the new federal health care law, Wells Fargo says in a report.

Fitch Ratings assigned more downgrades than upgrades during the fourth quarter of 2012, continuing the trend for the 16th consecutive quarter.

INDIANA

GEORGIA

Table as of: 02/01/2013 14:02 PM Invisible Supply Issuer and purpose Amount

MICHIGAN

ALABAMA

Following an eventful week where the tax-exempt market saw repeated softness, the second large financing in as many weeks was postponed, and the Federal Open Market Committee announced it would stand pat, state and local municipalities are preparing to pare down issuance this week.

Table as of: 01/31/2013 15:13 PM Invisible Supply Issuer and purpose Amount

CALIFORNIA

ALABAMA

Municipal bond mutual funds continued to see inflows, though the numbers fell for a third straight week, to $574 million for the week of Jan. 30.

The Bond Buyer weekly yield indexes were narrowly mixed the week ended Jan. 31.

It's a new year, but talk of municipal bond issuance still revolves around the same subject: refundings. Long-term muni bond volume for January jumped 39% over the same period one year earlier.

Outflows of $3.43 billion continued to whittle down tax-free money market funds in the week ended Jan. 28 as total net assets settled at $282.68 billion after the third steady week of losses.

CONNECTICUT

ALABAMA

2012 was a good year for municipal bond mutual funds, approaching the robust overall returns seen in 2011. Muni funds with long maturities that focused on high yield performed best.