Investments

COLORADO

Voters in Pulaski County, Ark., will be asked July 10 to establish a taxing district to provide financing for Pulaski Technical College through a property tax levy.

Table as of: 03/16/2012 13:05 PM Invisible Supply Issuer and purpose Amount

INDIANA

ALABAMA

Municipal bond investors have long known that annual appropriation-type debt, such as certificates of participation, are inferior debt structures. Those investors who bought them had faith at the time in the issuer's responsibility to stand behind the debt.

Investors in the municipal market are starting to come to terms with higher yields for primary volume.

Moody's Investors Service upgraded a long-term letter-of-credit backed rating to Aa2 from A1 and confirmed the short-term VMIG 1 rating of the Vermont Student Assistance Corp.'s education loan senior revenue bonds, Series 2008C-1 and C-2.

Moody's Investors Service affirmed the A1 rating on Jackson Laboratory's fixed-rate series 2007 revenue bonds, issued through the Association of Bay Area Governments Finance Authority for Nonprofit Corporations, with a stable outlook.

CONNECTICUT

ALASKA

In a week that very well may have marked the end to five months of rallying for municipal bond yields, muni bond mutual funds still saw strong inflows.

Spring is definitely in the air on Wall Street, with a particularly sunny view toward equities. But for munis and Treasuries, with yields rising rapidly in the wake of a robust risk-on trade, the outlook has been much gloomier.

ARKANSAS

ALABAMA

Table as of: 03/13/2012 15:12 PM Invisible Supply Issuer and purpose Amount

ARKANSAS

ARIZONA

Unable to shed a downward trend that first began early last year, ownership of municipal bonds by households fell to the lowest level in two years as it continued to decline in the fourth quarter of 2011, according to quarterly data recently released by the Federal Reserve Board.

Faculty at Ohio State University last week voted against the administration’s plan to privatize its parking system.