Investments

ALABAMANorthport (City)Oct 5, 2009 . . . . . . $14,445,000

Standard & Poor’s upgraded the University of Northern Iowa’s academic building revenue bonds one notch to A-plus in recognition of its strong state support. The school’s dormitory revenue bonds were affirmed at BBB-plus.

IOWAColo-Nesco Community School DistrictOct 5, 2009 . . . . . . $3,615,000

CALIFORNIACity of Newport Beach Assessment District no. 103Oct 1, 2009 . . . . . . $3,295,700

Municipal closed-end funds notched another stellar month in September as investors continued to flock to the sector’s fat tax-exempt yields.

CONNECTICUTOld Lyme (Town)Oct 1, 2009 . . . . . . $4,200,000

ARIZONAPima County Industrial Development AuthorityOct 1, 2009 . . . . . . $95,110,000

The tide of money washing over municipal bond mutual funds eased up a touch last week.

The California municipal market is gearing up for a week of brisk activity as the state plans to sell $4.5 billion of general obligation debt — including Build America Bonds — while two other issuers ready sizable offerings.

ARKANSASGreenwood School District No. 25 of Sebastian CountyOct 1, 2009 . . . . . . $3,775,000

ARIZONAMaricopa Unified School District No. 20Oct 1, 2009 . . . . . . $3,865,000

Two of The Bond Buyer’s weekly yield indexes declined to 40-year lows this week as yields dropped slightly in all the week’s sessions.

After experiencing a one-week decline of $5.90 billion, tax-exempt money market funds ended the week of Sept. 28 with $423.01 billion in total assets as the market prepared to close the books on the third quarter, according to the Money Fund Report, a service of iMoneyNet.com.

ARKANSASCrossett School District No. 52 of Ashley CountySep 30, 2009 . . . . . . $10,650,000

ALABAMAAdamsvilleSep 21, 2009 . . . . . . $4,985,000

ARIZONASalt River Project Agricultural Improvement and Power DistrictSep 29, 2009 . . . . . . $296,375,000

ALABAMAHomewood Medical Clinic BoardSep 17, 2009 . . . . . . $6,455,000

NORTH DAKOTAGrand Forks (City)Sep 28, 2009 . . . . . . $3,705,000

CALIFORNIAMilpitas Unified School DistrictSep 25, 2009 . . . . . . $4,100,000

Arizona Gov. Jan Brewer last week released $9 million of federal stimulus funds to community college districts, with another $20 million to come when the governing boards vote to accept the money.