Public finance

Standard & Poor's revised its growth forecast for 2013 on state and local governments to be slightly higher and Fitch Ratings gave most sectors a stable outlook for the year.

Table as of: 01/17/2013 13:06 PM Invisible Supply Issuer and purpose Amount

CALIFORNIA

ARIZONA

Municipal bond mutual funds recorded a second consecutive week of strong flows, as funds that report their flows weekly saw $1.44 billion in inflows for the week of Jan. 16

Municipal bond mutual funds saw $43 billion in inflows in 2012, a huge increase over flow numbers from the previous two years.

Tax-exempt money market funds gave up two-thirds of the impressive gains they generated last week.

New York public health system Nassau Health Care Corp. captured an interest rate of 0.4% and saw broad investor interest Tuesday when it sold $40 million of insured revenue anticipation notes backed by future Medicaid payments.

The executive director of AASHTO, John Horsley, is going out with a bang, spending the final weeks before his planned retirement pushing Congress to make authorize $50 billion of tax-credit bonds and to change fuel tax policy.

Table as of: 01/16/2013 09:41 AM Invisible Supply Issuer and purpose Amount

IOWA

ALABAMA

The House late Tuesday approved more than $50 billion of aid for victims of Superstorm Sandy, which ravaged parts of New Jersey, New York, Connecticut and other states.

The Austin City Council is expected to approve up to $150 million of taxable revenue bonds Thursday to build a new consolidated car rental facility and parking garage at Austin Bergstrom International Airport.

Bond-related bills pending in the Virginia House of Delegates would limit toll increases on the Dulles Toll Road and authorize the commonwealth, through authorities, to purchase and control the privately-owned Dulles Greenway.

CALIFORNIA

CALIFORNIA

Bond insurer MBIA Inc. announced that the New York State Department of Financial Services denied a request by MBIA Insurance Corp. to make its interest payment scheduled for Tuesday.

Detroit is expected this week to win a $25 million federal grant for a long-planned light-rail project along one of the city's main corridors.

KANSAS