Investments

CALIFORNIARim of the World Unified School DistrictDec 13, 2010 . . . . . . $11,450,000

A change in the methodology the Federal Reserve uses to measure who owns municipal bonds has masked the growth in foreign ownership of state and local government debt.

Trustees of the Austin Community College District were expected on Tuesday night to approve a truncated sale of $33.5 million of Build America Bonds to build a campus that will serve a new area that joined the district in November.

The Illinois Finance Authority on Tuesday advanced bond deals for two privately developed state university student housing projects and financings for a handful of borrowers rushing to tap federal stimulus bond programs ahead of their expiration.

CALIFORNIAPasadena (City)Dec 13, 2010 . . . . . . $30,000,000

ARIZONAFlorence Industrial Development AuthorityDec 13, 2010 . . . . . . $6,995,000

MASSACHUSETTSLynnfield (Town)Dec 10, 2010 . . . . . . $179,500

ALASKAAlaska Municipal Bond BankDec 10, 2010 . . . . . . $4,765,000

Municipal bond mutual funds are hemorrhaging cash at historic rates due to a fearful investor reaction to the public drubbing of state and local government debt.

More than $10 billion of new volume is expected to arrive in the municipal market this week on the heels of the price stability that followed some volatility last week.

The Dormitory Authority of the State of New York last week at its monthly board meeting gave final approval to more than $1 billion of bonds for a number of projects.

ARKANSASKirby School District No. 32 of Pike CountyDec 9, 2010 . . . . . . $2,515,000

ALABAMAAlabama Port AuthorityDec 9, 2010 . . . . . . $106,045,000

After two weeks of outflows, tax-free money market fund assets recouped some of those losses in the week ending Dec. 6, rising $3.41 billion to $328.97 billion, according to the Money Fund Report, a service of iMoneyNet.com.

The Bond Buyer’s weekly yield indexes increased this week as the absence of an extension of the Build America Bond program in a new tax bill led to two ­consecutive mid-week routs that brought 20-year yields to a 17-month high.

ARKANSASDecatur School District No. 17 of Benton CountyDec 8, 2010 . . . . . . $4,005,000

ALABAMAHuntsville-Madison County Airport AuthorityDec 8, 2010 . . . . . . $13,485,000

Table as of: 12/07/2010 17:28 PM Invisible Supply Issuer and purpose Amount* Approval

ARKANSASPulaski County Special School District of Pulaski CountyDec 7, 2010 . . . . . . $18,605,000

DELAWARESussex CountyDec 6, 2010 . . . . . . $57,182,000