Investments

ALABAMAAdamsville Solid Waste Disposal AuthorityAug 23, 2010 . . . . . . $17,000,000

Nearly all The Bond Buyer’s yield indexes declined this week, with two reaching 43-year lows, as tax-exempt yields plunged to record lows in three sessions during the week.

CHICAGO — Ohio has launched a new bond program aimed at lowering borrowing costs for two-year colleges across the state.

Nevada Gov. Jim Gibbons Monday announced the appointment former Treasurer Robert Seale to the board that oversees the state’s college savings plans program.

Outflows slowed to $597.3 million the week ending Aug. 23 after hemorrhaging $4.99 billion the week before, according to the Money Fund Report, a service of iMoneyNet.com. Total assets declined slightly to $340.75 billion from $341.34 billion.

Table as of: 08/27/2010 12:37 PM Invisible Supply Issuer and purpose Amount* Approval

CALIFORNIABig Pine Unified School DistrictAug 25, 2010 . . . . . . $1,715,789

CONNECTICUTBranford (Town)Aug 25, 2010 . . . . . . $12,770,000

FLORIDAPalm Beach CountyAug 24, 2010 . . . . . . $19,530,000

INDIANARandolph County Building CorporationAug 24, 2010 . . . . . . $8,160,000

J.J. Kenny Drake has launched three new municipal total-return indexes intended for use as benchmarks by mutual funds, private account managers, swaps traders and exchange-traded funds.

CHICAGO — The University of Akron in Ohio is pricing $135.7 million of bonds Wednesday that will allow the school to shift its debt into fixed-rate mode and terminate a costly interest-rate swap.

WASHINGTON — The Internal Revenue Service has told the Pennsylvania Higher Education Assistance Agency that if it wants to settle a bond-related tax dispute, the settlement will have to cover all $700 million of its outstanding student loan debt.

Moody’s Investors Service has upgraded St. Olaf College’s rating to A1 from A2 due to strong cash-flow margins, healthy liquidity and its plan to reduce its floating-rate risk.

ILLINOISWaukegan (City)Aug 23, 2010 . . . . . . $1,825,000

GEORGIAAugusta-Richmond Coliseum AuthorityAug 20, 2010 . . . . . . $22,120,000

DALLAS — The Bexar County, Tex., Hospital District plans to price $205 million of certificates of obligation Wednesday backed by the Build America Bond subsidy to expand San Antonio’s University Health System.

ARKANSASHeber Springs (City)Aug 20, 2010 . . . . . . $5,135,000

Cash continues flooding into municipal bond mutual funds as retail investors embrace yields many once scorned as being far too low.

While the seasonal note calendar is in full swing, the dog days of summer are plaguing the long-term bond market.