Investments

CHICAGO — As it works to reduce its reliance on endowment draws and loans to cover operations, the Illinois Institute of Technology held on to its investment-grade rating from Moody’s Investors Service on Friday, when the agency removed the credit from its watchlist and affirmed its Baa3 rating.

After a brief bounce in volume last week, the municipal market could be lulled back into its recent slumber as only $1.93 billion is expected to be priced in the primary this week, according to Ipreo LLC and The Bond Buyer.

Standard & Poor’s last week revised its outlook on the University of Rochester to positive from stable as revenue growth and limited spending have improved the school’s operating performance.

KANSASJohnson County Public Building CommissionMar 24, 2011 . . . . . . $35,395,000

ALABAMATallassee (City)Mar 24, 2011 . . . . . . $8,500,000

Tax-exempt money market funds gained a bit, reversing last week’s losses by generating $137.8 million of new cash and pushing total net assets to $322.2 billion in the week ended March 21, according to the Money Fund Report, a service of iMoneyNet.com.

ARKANSASSouth Mississippi County School District No. 57 of Mississippi CountyMar 23, 2011 . . . . . . $5,410,000

ARIZONAFestival Ranch Community Facilities DistrictMar 22, 2011 . . . . . . $404,000

Table as of: 03/22/2011 14:53 PM Invisible Supply Issuer and purpose Amount* Approval

CALIFORNIALiberty Union High School DistrictMar 22, 2011 . . . . . . $28,960,000

CALIFORNIACarden Virtual AcademyMar 7, 2011 . . . . . . $400,000

KANSASMaize (City)Mar 21, 2011 . . . . . . $6,240,000

CALIFORNIACalifornia Educational Facilities AuthorityMar 21, 2011 . . . . . . $9,000,000

WASHINGTON — Two District of Columbia universities are tapping the bond markets this week in separate tax-exempt and taxable transactions totaling $145 million.

MASSACHUSETTSNewburyport (City)Mar 18, 2011 . . . . . . $500,000

ARIZONAChandler Unified School District No. 80Mar 17, 2011 . . . . . . $45,000,000

Table as of: 03/18/2011 15:29 PM Invisible Supply Issuer and purpose Amount* Approval

A noticeable surge in new issuance this week could jolt the municipal market out of its recent supply slump as estimated volume is expected to rise to $4.4 billion, according to Ipreo LLC and The Bond Buyer.

New York City received expressions of interest from 18 different academic institutions looking to construct and operate a new applied science and engineering research campus in the city.

INDIANAButler Municipal Building CorporationMar 17, 2011 . . . . . . $1,385,000