Investments

ARKANSASHarmony Grove School District No. 1 of Ouachita CountyDec 3, 2009 . . . . . . $5,780,000

ALASKAAlaska Municipal Bond BankDec 3, 2009 . . . . . . $29,120,000

The technicals and the fundamentals are at war.

The Bond Buyer’s weekly yield indexes declined this week, as the municipal market grew slightly firmer in each of the week’s sessions.

Tax-exempt money market fund assets declined by $2.09 billion and ended with $406.15 trillion for the week ending Nov. 30, according to the Money Fund Report, a service of iMoneyNet.com.

ARKANSASHope (City)Dec 2, 2009 . . . . . . $1,975,000

CONNECTICUTMadison (Town)Dec 2, 2009 . . . . . . $2,500,000

Pacific Investment Management Co. is the latest company to jump into the municipal bond exchange-traded fund business.

The Dormitory Authority of the State of New York adopted new borrowing guidelines for lower-rated credits at its monthly board meeting yesterday. DASNY’s board also gave final approval to $1.43 billion of bonds, mostly on behalf of the state.

DALLAS — Two university systems based in Denton, Tex., will use more than $180 million of bond proceeds for new facilities, including a satellite campus in Dallas 35 miles to the south.

Table as of: 12/01/2009 15:28 PM Invisible Supply Issuer and purpose Amount* Approval

ARKANSASFort Smith (City)Dec 1, 2009 . . . . . . $3,595,000

ARKANSASConway School District No. 1 of Faulkner CountyDec 1, 2009 . . . . . . $41,325,000

MINNESOTAFreeborn CountyNov 30, 2009 . . . . . . $1,060,000

ILLINOISChillicothe Park DistrictNov 14, 2009 . . . . . . $125,000

KENTUCKYKentucky Interlocal School Transportation AssociationNov 24, 2009 . . . . . . $12,815,000

Table as of: 11/25/2009 14:40 PM Invisible Supply Issuer and purpose Amount* Approval

ALABAMAMobile Public Educational Building AuthorityNov 6, 2009 . . . . . . $19,020,000

Municipalities are preparing a decent slate consisting heavily of taxable bonds for sale this week following a holiday-shortened week with little activity.

For most of this year, the municipal bond market has been buttressed by cash coming out of hiding.