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Municipal Bond Sales Poised To Accelerate As Redemptions Rise

FYI: Investors added $1.46 billion to mutual funds that target municipal securities in the week ended April 6, compared with an increase of $1.4 billion in the previous period, according to Investment Company Institute data compiled by Bloomberg.

Exchange-traded funds that buy municipal debt fell by $50.4 million last week, reducing the value of the ETFs by 0.24 percent to $21.1 billion.
Regards,
Ted
http://www.bloomberg.com/news/articles/2016-04-18/municipal-bond-sales-poised-to-accelerate-as-redemptions-rise
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