Public finance

Near-zero yields on safe havens continue to feed municipal bond mutual funds.

A handful of states raised income tax rates last year — particularly on the wealthy — as tax receipts suffered a historic plunge.

ALASKAFairbanks North Star BoroughFeb 10, 2010 . . . . . . $17,480,000

ALABAMADekalb Jackson Water Supply DistrictFeb 8, 2010 . . . . . . $6,765,000

The Bond Buyer’s weekly yield indexes were narrowly mixed this week, with the municipal market remaining mostly flat as the tone varied throughout the past few sessions.

The rating agencies may be poised to give California bondholders a breather. The bond market is not.

Outflows of tax-exempt money market funds inched down to $2.17 billion and settled at $385.44 billion in total assets for the week ending Feb. 8, according to the Money Fund Report, a service of iMoneyNet.com.

CONNECTICUTNewtown (Town)Feb 10, 2010 . . . . . . $14,230,000

CALIFORNIACalifornia Municipal Finance AuthorityFeb 10, 2010 . . . . . . $13,270,000

ALASKAAnchorageFeb 9, 2010 . . . . . . $120,000,000

ALABAMAArab (City)Feb 1, 2010 . . . . . . $4,035,000

Table as of: 02/09/2010 16:10 PM Invisible Supply Issuer and purpose Amount* Approval

CHICAGO — Fitch Ratings and Moody’s Investors Service are maintaining their negative outlooks on the nonprofit health care sector, warning that the industry faces a slew of pressures ranging from risks associated with variable-rate debt to the uncertainty of national health care reform and the likelihood of state and federal reimbursement cuts over the next 12 to 18 months.

Moody’s Investors Service issued a report this week warning that it remains pessimistic about airports and is keeping a negative outlook based on expectations for the next 12 to 18 months.

IOWAChariton Community School DistrictFeb 8, 2010 . . . . . . $11,330,000

ILLINOISCarl Sandburg Community College District No. 518Jan 28, 2010 . . . . . . $7,895,000

In proposing to renew the Build America Bonds program, the Obama administration last week set an audacious goal: more benefit at the same cost.

CONNECTICUTNew Haven (City)Feb 4, 2010 . . . . . . $9,270,000

ARIZONABeaver Creek Elementary School District No. 26Feb 5, 2010 . . . . . . $3,424,000

Higher education, transportation, essential services, and Build America Bond offerings feature in the market this week as part of an estimated $5.36 billion in new volume, according to Ipreo LLC and The Bond Buyer.