Investments

In the pre-holiday week — and following the first significant inflow activity since early October — investors withdrew $3.48 billion in assets from tax-exempt money market funds, leaving them at $405.25 billion for the week ending Dec. 14, according to the Money Fund Report, a service of iMoneyNet.com.

ALABAMAPrattville (City)Dec 4, 2009 . . . . . . $6,315,000

ARKANSASConway School District No. 1 of Faulkner CountyDec 16, 2009 . . . . . . $21,210,000

Ohio Gov. Ted Strickland this week warned he would call a special session over the holidays if legislators are not able to fill an $850 million hole in the state's two-year budget by the end of the week.

ARKANSASEl Dorado School District No. 15 of Union CountyDec 15, 2009 . . . . . . $1,250,000

ARKANSASAlma (City)Nov 4, 2009 . . . . . . $3,600,000

The Bond Buyer today added a new "advance refunding" calculator to its web site. This sophisticated tool combines analyses of savings and "option value" to help state and local governments maximize the savings they can reap from refunding their outstanding debt.

INDIANALake Station Community School CorporationDec 14, 2009 . . . . . . $1,908,000

ALABAMAMobile Industrial Development BoardDec 9, 2009 . . . . . . $23,500,000

Municipal Market Data's TM3 Web site implemented a number of changes yesterday to cope with a rapidly shifting landscape in municipals.

Investors who own bonds floated by public power utilities are political junkies by necessity, a new report says.

The University of Arkansas will begin a multi-year effort to renovate facilities at its main campus in Fayetteville with most of the proceeds from this week's negotiated sale of $51.9 million of facility revenue bonds by the University of Arkansas Board of Trustees.

Federal Recovery Zone Economic Development bonds will save Metropolitan State College up to $20 million in interest cost on construction of a new academic building on the Denver campus, school officials said last week.

INDIANAHancock CountyDec 10, 2009 . . . . . . $10,720,000

ALABAMARainsville (City)Dec 11, 2009 . . . . . . $2,175,000

Table as of: 12/11/2009 17:53 PM Invisible Supply Issuer and purpose Amount* Approval

Two large note deals and a handful of long-term financings will come to market this week as part of an estimated $4.69 billion in new volume, according to Ipreo LLC and The Bond Buyer.

The tide of money washing into municipal bond mutual funds picked up again last week, offering hope that mutual funds will continue to provide a pillar of support to municipals.

ARIZONAPayson (Town)Dec 10, 2009 . . . . . . $1,525,000

The municipal bond industry might be catching an early glimpse into what the “new normal” will look like.