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Focuses on the lack of demand for long-term bonds in the United States. Impact on new-issue bonds; Increase in investments on bonds with five-year and shorter maturities; Trading of single-A rated revenue paper.

Announces the plan of Harris County in Texas to sell general obligation bonds within November 2003. Types of bonds include in the deal; View of Edwin Harrison, director of finance for the county, on the proposed deal; Projects that would benefit from the sale of bonds.

Discusses the water and wastewater system revenue refunding bonds to be sold by the state of Austin in the first week of February 2003. Purpose behind the sale of bonds; Insurers of the deal; Program that provides interim finance for the state's capital needs.

Reports on the National Association of Bond Lawyers' preparation of its position paper on intermediate sanctions, a move aimed at formalizing degrees of penalties for issuers of tax-exempt bonds in the United States. Recommendation that the US Internal Revenue Service adopt sanctions that distinguish between intentional and inadvertent non-compliance and encourage voluntary compliance.

Focuses on the state of Tennessee's selection of Morgan Stanley Dean Witter to handle its commercial paper program. Scheduled launch of the program in March 2000; Goal of easing access to cash and cost savings attained through fewer borrowings.

Reports on the popularity of higher-yielding tax-free paper issued by retirement communities, hospitals and other niches in the health care and education sectors in the United States. Value in nonrated or triple-B health care credits; Types of bonds bought by several portfolio managers; Factors for the popularity of the bonds.

Reports on the Alabama Housing Finance Authority's probable acquisition of favorable interest rates when it competitively bids $51 million of mortgage revenue bonds on March 10, 1998. Credit rating of the state; Sets of bonds to be sold by the authority; Effects of the shortage of Alabama papers to the deal.

Presents the absence of patterns indicating the demand for municipal bond issued from New York City according to the opinion of financial consultants. Tepidity of market response according to Dennis Beezley, municipal trader from Glen Rauch Securities; Investors' confidence for New York City's financial future according to Don Weidenfield from J.W. Charles Securities.

Reports on the unsuccessful efforts of many United States retail investors on municipal bonds due to the elusive nature of long-term papers. New York State Thruway Authority's $452 million Local Highway and Bridge Service Contract revenue offering; Comments from retail investors.

Focuses on the difficulty of predicting the impact of stock market volatility on the United States municipal bond market for the fourth quarter of 1998. Improvement of the secondary tax-exempt market; Continuation of Treasuries' plunge to historic lows; Possible economic trouble signalled by the narrowing spread between short- and long-term yields.

Reports on the proposal of the New York City to sell multi-million dollar long-term revenue bonds and commercial paper to help finance the redevelopment of a largely industrial neighborhood on Manhattan's far West Side. Selection of senior managers for the program; Establishment of the Hudson Yards Infrastructure Corp.; Statement of Mark Page, director of the city's Office of Management and Budget.

The article presents the comments of Ron Stack, chairman of the Municipal Securities Rulemaking Board (MSRB), on the need of the U.S. Federal Reserve and Treasury Department and Federal Reserve to address the liquidity issues in the municipal markets. Stack points out that the state and local governments should have equal access to capital markets. He opines that the Commercial Paper Funding Facility does not directly address the concerns of state and local issuers.

Reports on Forsyth County, Georgia's 125 million school bonds. Structure of the bonds; Maturities; Uses of the proceeds from the bonds.

Discusses the performance of Evergreen North Carolina Municipal Bond Fund issued by Evergreen Asset Management Corp. Size and duration; Inception date; Investment strategy; Impact of strong economic fundamentals; High-grade issues; Difficulty in finding yieldy paper; Total return.

Reports on investors' reception to Massachusetts' municipal bond offerings in the wake of tax cuts. Concerns over tax rate levels in the state; Sources of demand for tax-exempt municipal securities; Includes relief for individuals in higher tax brackets.

Reports that collapsing spreads and tough laws regarding bond issuance in Colorado have left investors guarding their purchased bonds with zeal. Issuance of the Denver International Airport bonds by the city and county of Denver; Performance of the Philadelphia, Pennsylvania-based Delaware-Voyageur Group of Funds; Affinity of funds for seasoned papers.

Reports on the mixed reaction of municipal securities repositories about the United States Municipal Securities Rulemaking Board's (MSRB) proposal to create a Web-based centralized index that would list all secondary financial market disclosure filings by municipal issuers and borrowers. Points of contention in the proposed rules raised by the repositories.

Reports that the U.S. Federal Reserve Board proposed in October 2004 that it halt the processing of bearer or paper bonds and coupons for depository institutions by the end of 2005, claiming the service will no longer be cost effective and will cause the board to violate a federal law.

Reports on the affirmation of the AA-minus long-term and A-1-plus commercial paper ratings that Standard &Poor's Corp. assigns the South Carolina Public Service Authority, which operates the Santee Cooper public utility. Description of the outlook; Reflection of the utility's above-average business and financial profiles; Impact of increase in coal prices on average wholesale rates.

The article informs that retail investors in the U.S. who have been trying to unload their expensive municipal bonds in a session on December 30, 2013 have not been able to sell enough to move levels. According to the statistics of the data and analysis firm Lipper FMI, municipal bond mutual funds recorded a 31st straight week of outflows in the week ended December 29, 2013.

Focuses on the vote to be given by Indianapolis airport board on a proposal to increase authorization for its commercial paper program to help finance the airport's expansion plans in Indiana.

Reports on New Jersey Transit Corp.'s issuance of certificates of participation as part of its third authorization of federal grant-backed debt. Structure and pricing; Lead underwriter Merrill Lynch & Co.'s offering of a retail order period to allow as many local investors to purchase the debt as possible; Number of bus and train riders serviced daily by New Jersey Transit.

Presents the views of Howard Zucker, president of the National Association of Bond Lawyers, regarding the treatment of electronic documents. Necessity of providing treatment similar to paper documents under federal securities fraud laws; Request for public comments on issuers' liability for securities-related information posted on their Web sites.

Discusses United States bond issuers' growing interest in selling short-term debt and its implication for paper shortage that has long faced money market investors. Major credits that have been actively considering tapping the short-term markets more often; Aim to take advantage of lower interest costs available; Theoretical risk of interest rate volatility in money markets.

The article offers information on a discussion paper issued by the U.S. Senate Finance Committee regarding the tax reform associated with the economic and community development. It mentions that the paper contains several tax reform options including reversing tax exemption for governmental and private-activity municipal bonds, restoration of tax-exempts bonds with direct-pay and traditional tax-credit bonds and capping the tax exemption value.

A chart is presented which lists the short-term tax-exempt yields in the U.S. from April 2011 to April 2012 including commercial paper, money market municipal index, and one-year note index.

A table is presented which provides data on the short-term tax-exempt yields in the U.S. in November 2011 including the commercial paper, money market municipal index, and daily general market.

The article reports on the move by James L. Oberstar, chairman of the U.S. House Transportation Committee, to push highway bill that contains plans for policy changes and programs. Oberstar explained that the bill would replace the Safe, Accountable, Flexible, Efficient Transportation Equity Act Legacy for Users (SAFETEA-LU) with increase in gasoline tax. In addition, the bill provides how reauthorization legislation redefined the state's infrastructure of transportation revenue.

Announces that the opponents of the Sunshine State Governmental Financing Commission's bid to expand its commercial paper loan program in Florida will have a chance to present their arguments at a dismissal hearing. Members of the Florida commission; Validation issue.

Focuses on trends in the trading of money market funds in the United States, as of the second week of October 1999. Attention of money market fund managers on liquidity; Obstacles in the tax-exempt market; Yields on daily variable-rate demand notes; Structuring of short-term issues.

Focuses on the performance of municipal bond funds in Texas. Portfolio managers' interest in health care and industrial development bonds; Outlook for interest rates in the municipal market.

Focuses on retail demand for bonds in the United States. Equity investors' decision to seek shelter in the fixed-income market; Traditional tax-free buyers' investment in bonds that offer relative value, good current income, and diversity.

Focuses on bond yields of retail investors in the United States. Expected growth of retail demand; Profiles of bonds in demand; Comments of analysts and investors on market trends.

Presents a graph reflecting the short-term yield curve for MIG-1 rated commercial paper in the United States as on November 18 and November 10, 1998, according to Municipal Market Data.

Reports on municipal bond offerings from Montana, California, Arizona and Florida in August 1998. Serial issue from the Montana Health Facilities Authority; Serial offering from the Los Angeles Unified School District; Value of the deal from Phoenix Sky Harbor International Airport; Merrill Lynch & Co.'s underwriting of a deal on behalf of the Jacksonville Electric Authority.

Highlights the performance of selected municipal funds in the United States as of August 5, 1998. Includes Norwest Investment Management; U.S. Global Investors Inc.; Vanguard Group's limited-term portfolio; Growth of short-to-intermediate funds.

Examines the performance of municipal funds in Florida. High prices of funds inspite of plentiful supply; Types of funds supported by investors; Top performing funds; Portfolio managers' comments on some funds; Investment allocation strategies; Return rates for funds; Total income by the funds.

The article reports on the signs of improvement in recent U.S. credit condition, according to Federal Reserve Board chairman Ben S. Bernanke. He observed that interbank short-term funding rates have fallen notably since mid-October and a greater stability is seen in money market mutual funds and in the commercial paper market. However, overall credit conditions are far from normal, with risk spreads remaining very elevated and banks reporting that they continued to tighten lending standards.

In a working paper paper released by the Volcker Alliance on Wednesday, researchers said states need to do a better job of disclosing their infrastructure needs. [ABSTRACT FROM AUTHOR]

The article presents information about the weakening of the U.S. municipal bond market. Having absorbed heavy supply earlier this week, the municipal bond market weakened yesterday as some balances continued to show up in the secondary and participants were ready to make a concession to the bid side if they wanted to move paper ahead of an abbreviated session today and a three-day Memorial Day weekend. The bid side softened and participants were willing to give up a few basis points to sell bonds.

Reports on the finalization of a multimillion commercial paper deal by Vanderbilt University in Nashville, Tennessee. Inclusion of 150 million of tax-exempt of extendible municipal commercial paper and 125 million of standard commercial paper notes that rely on self liquidity in the deal; Advantage of the deal for the university to provide the strategic flexibility to issue under a multi-mode structure; Rating that several firms had imposed on the deal.

Reports on two major state bond issues in New York State in March 2004. Sale of revolving funds revenue bonds by New York State Environmental Facilities Corp.; Sale of consolidated bonds by the Port Authority of New York and New Jersey; New York State's plan to lend to New York City Municipal Water Finance Authority for the refinancing of its commercial paper; Ratings for the bonds.

Reports that Wisconsin Governor Jim Doyle is expected to sign a bill that helps reduce a deficit in the Medicaid trust fund and a small general fund budget shortfall. Plan for the state to refund bonds that will mature in May 2004; Plan to sale commercial papers or notes to raise funds; Statements by capital finance director Frank Hoadley.

Reports developments related to the municipal bond market in the U.S. Detection of the slow trading of municipal bonds; Contribution of an increase in oil prices on the trading; Anticipation for rising credit risks in the Gulf Coast states.

Reports on the US Securities & Exchange Commission's plan to seek public comments on proposed amendments to the Municipal Securities Rulemaking Board's Rule G-36 that would clarify that underwriters of commercial paper issues can comply with the rule by filing only one official statement with the board.

Reports on the steady supply of paper generated by Mississippi's school bond program. Permission of school districts in the state to borrow without holding a referendum during a nine-month window; Possible decline in prices due to short-lived spike of supply; Price spread between various issuers.

Reports on the bond market performance of non-rated papers issued in the United States as of October 2, 1997. Rusk County Health Facilities Corp.'s mortgage revenue offering in Texas; Yield range of bonds due between 2003 and 2026; Issuance of tax-free bonds in registered form on behalf of Texas Choice Communities; Multi-family housing revenue offering by the Greenwich Housing Authority of Connecticut.

Reports that the flow of cash in the municipal bond market in the United States has prompted traders for products. Trends in the yields of fixed income securities; Yield of high-grade, tax exempt municipal bonds; Major municipal note deals expected in late August 1997.

Reports on the National Federation of Municipal Analysts' (NFMA) plan to issue a position paper on the US Securities and Exchange Commission's secondary market disclosure rules. NFMA's release of its proposed disclosure guidelines for housing bonds; NFMA's concern about municipal issuers or borrowers' refusal to provide additional bond-related information.

Recommends various municipal bond issues in the United States. Includes the Washington Suburban Sanitary District; St. Mary's College; Floating rate issues of the state of Massachusetts; Justification for their high credit ratings.