Investments

ALABAMAAlabama Board of EducationNov 10, 2009 . . . . . . $1,695,000

The worst economic downturn since the Great Depression has forced many state and local government budgets into a widely publicized vise.

ILLINOISStone Park VillageOct 29, 2009 . . . . . . $1,660,000

IOWABallard Community School DistrictNov 9, 2009 . . . . . . $12,300,000

CHICAGO — Chicago-based Roosevelt University enters the market next week to sell $188 million of debt to finance a new multi-use building that officials believe was worth a rating downgrade for the school to keep its transformation from a commuter school to a residential urban campus on track.

ILLINOISSchaumburg Community Consolidated School District No. 54Nov 5, 2009 . . . . . . $17,665,000

Table as of: 11/06/2009 16:15 PM Invisible Supply Issuer and purpose Amount* Approval

ARIZONABuckeyeNov 6, 2009 . . . . . . $2,550,000

David Rubin, founder of CDR Financial Products Inc., and two colleagues on Friday pleaded not guilty to criminal antitrust, wire fraud and other charges stemming from an alleged conspiracy to rig bids for municipal investment agreements and derivatives contracts for kickbacks.

New York State plans to market $100 million of tax-exempt fixed-rate student loan bonds this week under a new program. The New York Higher Education Finance Authority will offer the debt to retail investors tomorrow, with institutional sales beginning on Thursday.

WASHINGTON — The Virginia College Building Authority tomorrow expects to competitively sell $237 million of revenue bonds for nine public higher education institutions, which may lose up to 15% of their state aid this fiscal year.

For the third week in a row, a California issuer will dominate the primary market spotlight with a $1.5 billion financing.

Investors bequeathed another more modest sum of cash to municipal bond mutual funds last week, offering further evidence that the blitz of new money barraging the industry has eased to a more moderate pace.

ARKANSASLonoke School District No. 1 of Lonoke CountyNov 5, 2009 . . . . . . $4,220,000

ARKANSASJacksonville (City)Nov 5, 2009 . . . . . . $18,300,000

At least one demographic is yet to trumpet the end of the recession: local governments.

The Bond Buyer’s weekly yield indexes rose this week amid a heavy onslaught of new issuance, mainly out of California, and a mostly unchanged secondary market.

Tax-exempt money market funds inched down further again this week, dropping $2.74 billion to $412.22 billion for the week ending Nov. 2, according to the Money Fund Report, a service of iMoneyNet.com.

CALIFORNIASan Ramon Valley Unified School DistrictNov 4, 2009 . . . . . . $30,000,000

ALABAMAAlabama Board of EducationNov 2, 2009 . . . . . . $3,050,000