The $515 million bond-financed arena renovation in downtown Washington will move forward despite labor union concerns.

The Investment Company Institute reported $1.221 billion of inflows into municipal bond mutual funds for the week ending Nov.

November's total is below the 10-year average of $32.278 billion and is the lowest monthly total this year. The year's total is about $25 billion short of $500 billion.

The defaulted issuer Jackson Hospital & Clinic of Birmingham, Alabama, is set to receive bridge loans from some of the holders of its bonds.