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After 28 straight weeks of inflows to muni bond funds, the market saw outflow for the week ended Oct. 31. Funds that report their flows weekly recorded outflows of $123 million for the week ended Oct. 31, Lipper FMI numbers show.
November 1 -
Wary investors in the path of Hurricane Sandy contributed to the $1.10 billion of cash that flowed out of tax-exempt money market funds in the week ended Oct. 29.
November 1 -
Virginia Gov. Bob McDonnell blasted the Metropolitan Washington Airports Authority after a new U.S. Department of Transportation report found numerous flaws in its policies and procedures.
November 1 -
Moody's Investors Service, Standard & Poor's and Fitch Ratings directors say Hurricane Sandy could create a downward impact on a few of the most severely impacted credits.
November 1 -
Hurricane Sandy’s floodwaters immobilized much of the municipal market, but not the buyside. With bond issuance almost halted, investors are even more cautious and hesitant than they have been of late.
November 1 -
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Though they can often deliver infrastructure projects faster and at lower cost than traditional procurement, P3s are not a silver bullet and not always the right way to go, according to a new white paper released by the National Council for Public-Private Partnerships.
October 31 -
Because of Hurricane Sandy, Maui County, Hawaii, postponed the competitive sale of $70.1 million in general obligation bonds to Thursday at 1 p.m.
October 31 -
Hurricane Sandy left major challenges for many municipal bond firms after the Financial District of Manhattan was hammered hard by the storm.
October 30 -
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
