Public finance

Table as of: 08/28/2012 16:22 PM Invisible Supply Issuer and purpose Amount

The GOP 2012 platform, scheduled to be approved at the party's national convention Tuesday, includes several familiar tax proposals and a handful of initiatives to encourage more private sector involvement in infrastructure finance.

A new projection produced by the Congressional Budget Office shows that both the highway trust fund and transit account, key sources of federal transportation funding, will run out of money in fiscal year 2015 under the recently enacted transportation law.

Australia-based infrastructure development giant Macquarie Capital will advise San Juan, P.R. in its quest to put together a light rail public-private partnership that has been estimated at $400 million, the city announced Monday.

Revenue forecasting can make or break a project

ALABAMA

ILLINOIS

Table as of: 08/24/2012 10:22 AM Invisible Supply Issuer and purpose Amount

MASSACHUSETTS

CALIFORNIA

Demand for municipal bonds remains robust heading into the Labor Day holiday weekend even if expected issuance does not. Industry estimates hold that municipal bonds to be sold next week should total a paltry $1.55 billion, versus a revised $6.38 billion last week.

ARKANSAS

ALABAMA

Tax-exempt money market funds grew by $124.80 million — a slight improvement from the prior week — as total net assets settled at $272.46 billion in the week ended Aug. 20, according to The Money Fund Report.

Table as of: 08/22/2012 15:35 PM Invisible Supply Issuer and purpose Amount

CONNECTICUT

ALABAMA

Revenue forecasts are an inexact science, but they are a critical part of the rapidly-expanding network of toll roads. When market participants over-rely on them, the result can be a financial meltdown.

BondUnderwriter wants retail municipal bond investors to have a more efficient way to learn about upcoming negotiated market deals from their issuers, so it designed its new centralized Web portal to consolidate publicly available information.

IOWA