Investments

MASSACHUSETTSCohasset (Town)Jan 31, 2011 . . . . . . $7,500,000

ILLINOISRockford Park DistrictJan 25, 2011 . . . . . . $3,670,000

CHICAGO — The University of Minnesota enters the market Tuesday with $388 million of general obligation bonds to raise funds for various projects and reduce its floating-rate exposure by refunding debt.

ALABAMAHenry County Public Education Co-operation DistrictJan 24, 2011 . . . . . . $8,345,000

Climbing the wall of expiring bank guarantees on municipal debt in the coming months may not turn out to be as daunting as anticipated.

Municipal bond mutual fund outflows moderated last week as a nervous market seemed better able to absorb the relentless fund selling.

With a $1.1 billion Chicago airport deal postponed, the New York City Transitional Finance Authority and North Carolina instead will offer two of the largest deals in a lackluster week as February starts with an estimated $3.02 billion of volume, according to Ipreo LLC and The Bond Buyer.

DALLAS — The University of Arkansas Board of Trustees gave preliminary approval to $141 million of revenue bonds Friday that will finance improvements to the main campus in Fayetteville.

The Dormitory Authority of the State of New York gave final and preliminary approval last week to nearly $600 million of bonds.

GEORGIACobb County School DistrictJan 27, 2011 . . . . . . $62,000,000

ALABAMAFayetteville Water AuthorityJan 26, 2011 . . . . . . $1,180,000

To present a more integrated and timely view of states’ total debt obligations, Moody’s Investors Service on Thursday announced that for the first time it will combine net tax-supported debt and unfunded pension-liability figures when evaluating state ratings.

Tax-exempt money market funds experienced a second week of outflows, losing $3.18 billion, and total net assets dropped to $326.73 billion in the week ended Jan. 24 — $1.17 billion less than the previous week, according to the Money Fund Report, a service of iMoneyNet.com.

All The Bond Buyer’s weekly long-term yield indexes declined this week, as the muni market grew firmer in each session.

CALIFORNIACalifornia Health Facilities Financing AuthorityJan 26, 2011 . . . . . . $475,000,000

CONNECTICUTLitchfield (Town)Jan 26, 2011 . . . . . . $2,210,000

Investors in tax-exempt debt should be cautious about heeding recent reports about the possibility of widespread bankruptcy and default in the municipal market, and stop running away from solid, safe investments because of distorted opinions in the media.

BRADENTON, Fla. — Georgia Gov. Nathan Deal is poised to enact emergency procedures this week to ensure Atlanta Public Schools doesn’t lose its high school accreditation — a development that would prevent its new graduates from getting into most colleges and qualifying for ­scholarships.

Louisiana State University has been hurt by a loss of $45 million in state aid over the last two years, LSU provost Jack Hamilton said this week, but additional cuts could cause longer-lasting damage.

CALIFORNIAChino Hills (City)Jan 25, 2011 . . . . . . $4,915,000