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The first inflows into tax-exempt money market funds in nearly a month were gone almost as quickly as they arrived when $2.17 billion exited in the week ended May 14, eroding much of last week’s gains, according to the Money Fund Report, a service of iMoneyNet.com.
May 17 -
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Table as of: 05/15/2012 15:41 PM Invisible Supply Issuer and purpose Amount
May 16 -
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Individual investors have been flocking to municipal bond funds, searching for safety and relatively high yields.
May 15
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Table as of: 05/14/2012 13:44 PM Invisible Supply Issuer and purpose Amount
May 15 -
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Retail investors continue to rank credit quality high at the top of their list of criteria when shopping for municipal securities, whether they be individual bonds or tax-exempt bond funds.
May 11
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Standard & Poor's has released a credit conditions forecast that is more positive for states than for localities.
May 11 -
Municipal bond issuance is expected to tick up this week, although it still remains at relatively low levels.
May 11 -
WASHINGTON — Securities and Exchange Commission chairman Mary Schapiro wants to move forward with regulations aimed at improving the stability of money-market funds, despite strong opposition from industry and state and local government groups.
May 11 -
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Table as of: 05/11/2012 11:36 AM Invisible Supply Issuer and purpose Amount
May 11 -
Sturdy demand for tax-exempt paper and falling Treasuries pushed municipal yields in the intermediate and long ends of the curve lower throughout much of the week.
May 10
