Investments

Table as of: 04/01/2011 14:36 PM Invisible Supply Issuer and purpose Amount* Approval

OKLAHOMAComanche County Independent School District No. 3 (Sterling)Apr 1, 2011 . . . . . . $375,000

CALIFORNIAMillbrae School DistrictApr 1, 2011 . . . . . . $17,999,527

A $1 billion financing for the North Texas Tollway Authority, a $500 million offering from the New York Transitional Finance Authority and a pair of Colorado deals will lead the still-paltry new-issue activity in the municipal bond market.

ALASKAAnchorageMar 31, 2011 . . . . . . $112,000,000

ALABAMAMillbrook (City)Mar 28, 2011 . . . . . . $10,500,000

Tax-exempt municipal money market funds lost nearly $3 billion in the week ended March 28 as total net assets fell to $319.30 billion, according to the Money Fund Report, a service of iMoneyNet.com.

CONNECTICUTMiddletown (City)Mar 30, 2011 . . . . . . $8,900,000

ALABAMAMillport Industrial Development AuthorityMar 30, 2011 . . . . . . $20,000,000

DALLAS — A political fundraising scandal, including efforts to influence construction of the bond-financed University of Phoenix National Football League stadium, could cost Arizona’s Fiesta Bowl its nonprofit status and its ranking as one of the top four collegiate Bowl Championship Series games, according to an investigative report.

CONNECTICUTVernon (Town)Mar 29, 2011 . . . . . . $3,755,000

CALIFORNIACalifornia Municipal Finance AuthorityMar 28, 2011 . . . . . . $51,685,000

The downturn in property tax receipts for municipal governments may finally have begun.

Despite volatility in the municipal market, sales of individual tax-free bonds to retail investors have been brisk even as cash withdrawals from muni mutual funds are still high, experts say.

Households surpassed their previous record and hit a 20-year high as they hoarded $1.095 trillion of the nearly $3 trillion of outstanding municipal bond debt issued by states and local governments as of 2010, according to data recently released by the Federal Reserve.

CHICAGO — Moody’s Investors Service Tuesday downgraded its long-term rating on DePauw University to A3 from A2, warning that the small Indiana liberal arts school suffers from deeply imbalanced operations.

IOWALinn-Mar Community School DistrictMar 28, 2011 . . . . . . $1,755,000

INDIANAShelbyville Redevelopment AuthorityMar 28, 2011 . . . . . . $11,535,000

The Arkansas Higher Education Coordinating Board will hear April 15 a request from the University of Arkansas at Fayetteville for a $132.3 million revenue bond package to finance projects at the main campus.

CALIFORNIALos Angeles County SchoolsMar 25, 2011 . . . . . . $130,160,000