Investments

ILLINOIS

Bond buyers place more weight on Moody's Investors Service ratings than on Standard & Poor's ratings, according to a recent Loop Capital Markets study.

Bank downgrades and looming changes to bank collateral requirements under Basil III compelled San Diego-based Point Loma Nazarene University to sell its bonds directly to Bank of America rather than renewing a letter of credit due to expire this month.

Table as of: 12/09/2011 14:52 PM Invisible Supply Issuer and purpose Amount

INDIANA

ALABAMA

With trading active on much of bankrupt American Airlines' $3.2 billion of special facilities revenue bonds, some market participants are sounding a cautionary tone in assessing their value, as bargain hunters eye the airline's discounted bonds secured by collateral.

A Puerto Rico infrastructure financing and a Detroit water revenue sale will lead the activity in the primary market this week as volume is expected to dip slightly from last week.

The Dormitory Authority of the State of New York approved $531 million in financings for higher education and health care, including $340 million in 23-year, fixed or variable-rate tax-exempt bonds for the Memorial Sloan-Kettering Cancer Center.

Table as of: 12/08/2011 14:17 PM Invisible Supply Issuer and purpose Amount

IDAHO

ALABAMA

Reinvestment cash jolted the municipal bond market into life this past week.

In their largest one-week move so far this year, tax-exempt money market funds gained a stunning 1.9%, or $5.27 billion, from last week, bringing assets in the week ended Dec. 5 to $289.94 billion, according to the Money Fund Report, a service of iMoneyNet.com.

ARKANSAS

ARIZONA

Table as of: 12/09/2011 14:57 PM Invisible Supply Issuer and purpose Amount

ARKANSAS

ALABAMA

Table as of: 12/06/2011 21:56 PM Invisible Supply Issuer and purpose Amount