Investments

ARIZONAScottsdale (City)Jan 25, 2011 . . . . . . $22,525,000

Clarian Health, Indiana’s second-largest health care provider, officially renamed itself Indiana University Health this week to emphasize its partnership with the Indiana University School of Medicine.

ILLINOISTremont Area Park DistrictJan 12, 2011 . . . . . . $900,000

MINNESOTAInver Grove Heights Independent School District No. 199Jan 24, 2011 . . . . . . $6,690,000

IOWARobins (City)Jan 20, 2011 . . . . . . $3,130,000

CALIFORNIASan Francisco Airport Commission (City and County)Jan 20, 2011 . . . . . . $155,350,000

Investors established a new record for withdrawals from municipal bond mutual funds last week as headline risk continued to chase people from state and local government debt funds.

Volatility and speculation about defaults and bankruptcies in the municipal market continue to spook issuers and investors, affecting volume in the primary market.

ALABAMAAnniston Public Building AuthorityJan 20, 2011 . . . . . . $16,170,000

FLORIDAFlorida State Board of GovernorsJan 20, 2011 . . . . . . $22,145,000

The sophisticated investor in retail municipal bonds has ­remained calm the past few months even as mutual funds have dumped state and local ­government debt by the truckload.

Tax-exempt money market funds posted their first decline since mid-December as outflows of $4.35 billion trimmed total net assets to $329.91 billion for the week ended Jan. 17, according to the Money Fund Report, a service of iMoneyNet.com.

Most of The Bond Buyer’s weekly yield indexes increased this week as an earlier sell-off that pushed 30-year yields beyond the 5% threshold outweighed the rally that followed.

ARIZONAChandler (City)Jan 19, 2011 . . . . . . $9,925,000

CALIFORNIAEast Bay Municipal Utility DistrictJan 19, 2011 . . . . . . $65,905,000

CHICAGO — The Illinois Finance Authority advanced plans this week for $200 million in borrowing to finance new, privately developed student residential facilities at two state universities.

IOWASanborn Municipal Utility SystemJan 18, 2011 . . . . . . $590,000

CALIFORNIALarkspur School DistrictJan 18, 2011 . . . . . . $8,135,000

WASHINGTON — The Financial Industry Regulatory Authority has censured and fined Merrill Lynch, Pierce, Fenner & Smith Inc. $500,000 for failing to establish and maintain written supervisory procedures to ensure that its representatives considered customers’ state income-tax benefits in their suitability analyses of 529 college saving plans.

COLORADOOlde Towne Metropolitan DistrictJan 13, 2011 . . . . . . $910,000