Investments

Plunging interest rates are luring more issuers to market, encouraging market participants to believe muni volume for the final months of 2011 can increase from recent anemic levels.

The Dormitory Authority of the State of New York has approved $1.5 billion in financing for education and health care.

Standard & Poor’s affirmed its AAA long-term rating on Yale University revenue bonds issued through the Connecticut Health and Educational Facilities Authority, as well as the AAA long-term rating and A-1-plus short-term rating on various long- and short-term debt issued by and for the university.

ARKANSASHot Springs School District No. 6 of Garland CountySep 22, 2011 . . . . . . $21,665,000

ALABAMAChambers County Board of EducationSep 21, 2011 . . . . . . $6,040,000

Eye-popping declines in muni yields on Thursday might finally prod investors into accepting low yields and prompt issuers to take advantage of some of the lowest borrowing costs in history.

FLORIDAMiami-Dade CountySep 21, 2011 . . . . . . $86,890,000

ALABAMAGreenville (City)Sep 21, 2011 . . . . . . $9,565,000

DALLAS - Texas Sen. Kirk Watson, D-Austin, outlined a 10-part, 10-year plan Tuesday to build an academic hospital and medical school at the University of Texas in Austin.

Table as of: 09/20/2011 17:02 PM Invisible Supply Issuer and purpose Amount

ARKANSASDierks School District No. 2 of Howard CountySep 20, 2011 . . . . . . $2,150,000

ARKANSASPine Bluff (City)Sep 19, 2011 . . . . . . $9,640,000

Moody’s Investors Service has revised its outlook to positive from stable on the University of Wisconsin Hospitals and Clinics’ A1 rating due to its improved fiscal performance.

Moody’s Investors Service has downgraded Monmouth College by one notch to Baa3, the lowest investment-grade level, and assigned a negative outlook as the school grapples with a weakening market position and operating pressures.

IOWANortheast Iowa Community CollegeSep 19, 2011 . . . . . . $3,055,000

ARKANSASPleasant View Water Facilities Board of Franklin CountySep 19, 2011 . . . . . . $2,760,000

Low new-issue volume and active early redemption of debt contributed to a decline in the amount of outstanding municipal debt in the second quarter to $2.89 trillion.

Table as of: 09/16/2011 14:31 PM Invisible Supply Issuer and purpose Amount* Approval

IOWAMonona (City)Sep 13, 2011 . . . . . . $825,000

ALABAMAMadison County Board of EducationSep 15, 2011 . . . . . . $42,035,000