Investments

Sen. Judith Zaffirini, D-Laredo, has filed a bill allowing Texas state colleges and universities to issue a total of $100 million of tuition revenue bonds. She said she wants to be ready to move if Gov. Rick Perry expands the bills that could be considered in the current special legislative session.

NEW YORKArkport Central School DistrictJun 3, 2011 . . . . . . $5,300,000

ALABAMANorthport (City)Jun 2, 2011 . . . . . . $9,405,000

Individual investors pulled cash from municipal bond mutual funds for the 29th straight week, according to Lipper FMI. While the rate of withdrawals appeared to be slowing in early May, the pace has picked up again since then.

The municipal market can expect $4.68 billion in new issuance this week, with a half dozen deals above $250 million contributing to volume and putting the projected total around the average for the year.

DALLAS — The proposed $1.2 billion University Medical Center hospital in New Orleans will require an annual subsidy from Louisiana of $100 million, according to a new financial analysis of the 424-bed facility.

Table as of: 06/02/2011 15:41 PM Invisible Supply Issuer and purpose Amount* Approval

ALABAMADecatur (City)Jun 2, 2011 . . . . . . $6,500,000

ALABAMACity of ParrishJun 2, 2011 . . . . . . $1,070,000

All of The Bond Buyer’s long-term weekly yield indexes declined this week, powered by light issuance and predictions of strong seasonal cash inflows.

Table as of: 06/01/2011 15:59 PM Invisible Supply Issuer and purpose Amount* Approval

ARKANSASDeer/Mount Judea School District No. 21Jun 1, 2011 . . . . . . $1,550,000

ILLINOISBloomington (City)Jun 1, 2011 . . . . . . $5,075,000

KENTUCKYBurgin Independent School District Finance CorporationMay 31, 2011 . . . . . . $2,345,000

ILLINOISJustice Park DistrictMay 31, 2011 . . . . . . $735,000

Table as of: 05/31/2011 16:23 PM Invisible Supply Issuer and purpose Amount* Approval

Market participants say buyers will face slim pickings as they attempt to reinvest a flood of cash from called or maturing bonds during the summer reinvestment season.

Bank credit facilities used to roll over variable-rate debt have so far been up to the task of handling the initial wave of enhancements that has been expiring this year.

Recently retired Chicago Mayor Richard Daley has accepted an appointment at the University of Chicago to help foster policy discussions at the Harris School of Public Policy.

IOWAShell Rock (City)May 26, 2011 . . . . . . $1,300,000