Investments

GEORGIAHall County and City of Gainesville Hospital AuthorityJan 22, 2010 . . . . . . $319,830,000

CHICAGO — Ohio’s Kenyon College will enter the market today with $102.4 million of refunding bonds to refinance all of its variable-rate debt into fixed-rate mode.

Arizona made a late tuition payment to the three state universities last week, but continued to postpone a scheduled payment from the state general fund.

NEW YORKWorcester Central School DistrictJan 22, 2010 . . . . . . $400,000

ARIZONAPima CountyJan 21, 2010 . . . . . . $20,000,000

The Puerto Rico Sales Tax Financing Corp. and Illinois will each bring billion-dollar financings to the primary market this week that will contribute to a $5.47 billion slate in estimated new volume, according to Ipreo LLC and The Bond Buyer.

Investors last week handed municipal bond mutual funds the puniest slug of cash in nine months as the cascade of new money continues to moderate.

A proposal to allow the Dormitory Authority of the State of New York to sell bonds for charter schools died last week along with proposed legislation to increase the state’s cap on the number of charter schools.

ALABAMABaldwin CountyJan 20, 2010 . . . . . . $21,480,000

CONNECTICUTConnecticut Regional School District No. 4Jan 21, 2010 . . . . . . $3,890,000

Table as of: 01/22/2010 16:22 PM Invisible Supply Issuer and purpose Amount* Approval

A group of Allegheny County, Pa., residents angered over the planned closing of Braddock Hospital are trying to stop a $1.17 billion University of Pittsburgh Medical Center refunding deal and anticipate filing suit against a state conduit agency if it moves ahead with the bond sale.

UBS Global Asset Management is surrendering one of its municipal bond closed-end funds following a coup by activist shareholders.

WASHINGTON — Harvard University has been tapped for one of roughly 40 audits the Internal Revenue Service is conducting this year to examine the financial and business practices of tax-exempt colleges and universities.

Cash hurts.That painful truth is a primary pillar supporting municipal bonds today.

Nearly all The Bond Buyer’s weekly yield indexes declined this week, as the municipal market carried a firmer tone throughout most of the week, despite little day-to-day movement.

ALABAMANorth Baldwin UtilitiesDec 16, 2009 . . . . . . $3,560,000

Table as of: 01/20/2010 15:01 PM Invisible Supply Issuer and purpose Amount* Approval

CONNECTICUTDarien (Town)Jan 20, 2010 . . . . . . $4,000,000

In an effort to help educate investors, the Municipal Securities Rulemaking Board yesterday issued a “fact sheet” containing seven questions they can ask their financial professionals when considering investing in municipal bonds.