Investments

DALLAS - Oklahoma State University will acquire privately owned on-campus student housing with the proceeds from this week's negotiated sales of about $200 million of debt.

CONNECTICUTLedyard (Town)Jul 7, 2009 . . . . . . $9,520,000

ALABAMAAuburn (City)Jun 23, 2009 . . . . . . $9,000,000

MINNESOTAArlington (City)Jul 6, 2009 . . . . . . $450,000

CALIFORNIAManhattan Beach Unified School DistrictJun 23, 2009 . . . . . . $7,651,589

Dodge City Community College, Pratt Community College, and Cowley Community College have filed suit against the Kansas Board of Regents based on what the plaintiffs said was unequal funding for vocational and technical programs.

Municipal bond mutual funds just missed setting the record for assets under management last week as a tempered appetite for risk slowed the river of cash inundating the industry.

NEW YORKAlfred Almond Central School DistrictJul 2, 2009 . . . . . . $6,177,922

CALIFORNIADesert Hot Springs Redevelopment AgencyJun 23, 2009 . . . . . . $5,635,000

With most of the municipal market still in holiday mode this week, the short-term market will dominate the official first full week of the third quarter with a planned $700 million note sale from the New York State Thruway Authority.

ARKANSASHuntsville School District No. 1 of Madison CountyJul 1, 2009 . . . . . . $8,250,000

ALABAMAHouston County Board of EducationJun 18, 2009 . . . . . . $15,400,000

Most of The Bond Buyer's weekly yield indexes increased this week, despite tax-exempt yields declining slightly in the majority of the week's sessions and the market carrying an overall firmer tone.

Tax-exempt money market funds closed the second quarter with outflows of $3.87 billion, which caused total assets to settle at $456.11 billion for the week ending June 29, according to the Money Fund Report, a service of iMoneyNet.com.

CALIFORNIACalaveras CountyJun 30, 2009 . . . . . . $8,500,000

ALABAMAFlorence (City)May 14, 2009 . . . . . . $16,785,000

Moody’s Investors Service downgraded Creighton University’s $144 million of debt one notch to A3 due to an overall weakening in operating performance.

COLORADOAdams CountyJun 29, 2009 . . . . . . $5,730,000

ALABAMAMobile Industrial Development BoardJun 17, 2009 . . . . . . $53,000,000

DALLAS - The San Jacinto Community College District is coming to market today with the second tranche of a $295 million bond package voters overwhelmingly approved last year.