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Several Virginia municipalities have retained legal counsel to fight Gov. Bob McDonnell's plan to toll Interstate 95, which commonwealth officials have said could help close a $10 billion funding gap over the next 25 years.
October 30 -
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Kansas Gov. Sam Brownback last week endorsed legislation that would require local governments to lower their property tax rates automatically when assessed valuations increase.
October 29 -
Table as of: 11/28/2012 14:49 PM Invisible Supply Issuer and purpose Amount
October 29 -
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The scheduled approach of Hurricane Sandy has cast a shadow over the municipal bond calendar for the week. At press time, many municipal bond issuers scheduled to price deals on Tuesday said they would go through with Tuesday's scheduled deals.
October 28 -
The Securities Industry and Financial Markets Association said Sunday afternoon it expected U.S. bond markets to be open Monday.
October 28 -
A proposed merger between two large nonprofit healthcare systems is a credit positive for the nonprofit healthcare sector, Moody's Investors Service says.
October 26 -
An association representing safety-net hospitals is lobbying Congress to restore cuts that are built into the new federal health care law.
October 26 -
House Appropriations Chair Hal Rogers asked Treasury Secretary Tim Geithner to help eliminate rules requiring municipalities to defease outstanding bonds when selling or leasing their water systems to a private company.
October 26 -
Industrial development revenue bonds have shown the best total return of all municipal bond sectors so far this year.
October 26
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In the third quarter 79% of Moody's Investors Service's ratings actions were downgrades.
October 26 -
Table as of: 10/25/2012 14:03 PM Invisible Supply Issuer and purpose Amount
October 26 -
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Investors poured $666 million into weekly reporting municipal bond mutual funds this past week, marking a 28th straight week of inflows.
October 25 -
Neither primary volume nor moderately volatile Treasuries did much to upset the municipal market's steady mien this week. Despite the modest backup in most rates among munis and Treasuries on the week, muni bond indexes held their levels.
October 25
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Tax-exempt money market funds continued to lose cash for a second week in a row as total net assets decreased by $679 million to $266.74 billion in the week ended Oct. 22, according to The Money Fund Report, a service of iMoneyNet.com.
October 25
