Investments

Fitch Ratings placed all outstanding notes of the Vermont Student Assistance Corp. 1995 bond resolution on negative rating watch.

Moody’s Investors Service has assigned a stable rating to Rensselaer Polytechnic Institute, two weeks before the nation’s largest technological research university plans to remarket its Series 2002E bonds as fixed rate, and sell $40 million of taxable debt through a private placement.

ARKANSASLake Hamilton School District No. 5 of Garland CountyAug 18, 2011 . . . . . . $11,620,000

ALABAMALineville Water and Sewer BoardAug 18, 2011 . . . . . . $1,155,000

Plenty of scary headlines were circulating in the global marketplace this week, prompting investors to flock to high-grade fixed income.

ARKANSASBrookland School District No. 14 of Craighead CountyAug 17, 2011 . . . . . . $1,335,000

ALABAMATroy Industrial Development BoardAug 16, 2011 . . . . . . $4,005,000

ALASKAFairbanks North Star BoroughAug 16, 2011 . . . . . . $5,565,000

ALABAMALawrence County Board of EducationAug 12, 2011 . . . . . . $4,475,000

The Monroe County, N.Y., Industrial Development Corp. is scheduled to issue $161 million of fixed-rate, tax-exempt revenue bonds on Thursday following a one-day retail order period, to benefit 19 projects at the University of Rochester.

COLORADOHuerfano School District No. 1Aug 15, 2011 . . . . . . $4,140,000

ILLINOISOrland Park VillageAug 15, 2011 . . . . . . $10,000,000

CHICAGO — St. Petersburg, Fla.-based Raymond James & Associates is hoping to carve out a bigger chunk of senior-manager business in the Midwest with two new public finance hires in Chicago, one to bolster the firm's local government team here and the other to focus on large governmental issuers.

Kroll Bond Ratings got one step closer to rating muni credits last week by announcing its first big public finance hire. The next step is to release a comprehensive default study to show the market it can be a serious rival to the three dominant rating agencies.

The New Hampshire Higher Education Loan Corp. has scheduled a sale of $522.6 million of taxable student loan-backed notes for this week.

IOWALisbonAug 8, 2011 . . . . . . $735,000

CALIFORNIALos Angeles Department of Water and PowerAug 11, 2011 . . . . . . $307,140,000

LOS ANGELES - A state audit of the Los Angeles Community College District called into question more than $140 million in district spending funded by three general obligation bond measures approved by voters between 2001 and 2008.

The municipal market can expect to see a surge of municipal issuance this week, with $5.28 billion coming to market, up from last week’s revised $2.55 billion.

CONNECTICUTPlymouth (Town)Aug 11, 2011 . . . . . . $5,285,000