Public finance

ARIZONA

As the market prepares to ring in 2013, municipal experts have mostly positive expectations for interest rates, credit quality, investor demand, and the viability of municipals' tax exemption in the New Year, mixed with some lingering apprehensions about the fiscal cliff and overseas turmoil.

Airports, ports, and unregulated power companies are at risk due to the impending fiscal cliff, while toll roads and public power utilities are insulated from the worst danger, according to a Moody's Investors Service report released Wednesday.

A bill that would have authorized the Virginia Public Building Authority to issue an additional $300 million in bonds for wastewater treatment facilities died in committee.

Holders of bankrupt American Airlines' New York City airport debt are weighing a settlement offer that would pave the way for the carrier to assume its lease at John F. Kennedy International Airport.

ALABAMA

FLORIDA

Municipal experts say 2012 turned out to be a banner year for municipal bonds — as both demand and mutual fund inflows were strong and the market hit record levels.

Table as of: 12/17/2012 15:01 PM Invisible Supply Issuer and purpose Amount

ALABAMA

GEORGIA

A plan proposed by the National Institutes of Health could pressure United States universities, according to a report from Fitch Ratings.

The Los Angeles County Metropolitan Transportation Authority is at the forefront of a nationwide push to create a new tax-credit bond program for transportation investment.

Table as of: 12/14/2012 10:07 AM Invisible Supply Issuer and purpose Amount

INDIANA

ALABAMA

After two hefty weeks, issuance in the municipal bond market should enter its holiday period and ride out the rest of the year.

CALIFORNIA

ARIZONA

The municipal market slogged through a long week of sell-offs as too much supply flooded into it all at once, prompting increases in muni bond indexes.