Investments

CHICAGO - The Illinois Finance Authority board yesterday advanced plans for more than $1.7 billion of bonding by a dozen borrowers, including the University of Chicago, and hired a new executive director - the state's former top fiscal officer, John Filan.

COLORADODenver (City and County)Nov 3, 2008 . . . . . . $200,000,000

CALIFORNIABerkeley Unified School DistrictNov 12, 2008 . . . . . . $10,300,000

WASHINGTON - Triple-A rated Virginia will come to market with $265 million of general obligation bonds today and tomorrow in a negotiated deal, straying from the state's traditional competitive route in response to an unstable market and higher demand from retail investors, officials said.

CALIFORNIAABAG Finance Authority For Nonprofit CorporationsNov 11, 2008 . . . . . . $34,000,000

KANSASColwich (City)Nov 10, 2008 . . . . . . $437,000

WASHINGTON - The Department of Education plans to provide liquidity support to the student loan market through a new commercial paper conduit facility for the purchase of loans made as far back as October 2003, and also plans to renew a high-profile student loan liquidity program for an additional academic year.

ALABAMAVestavia Hills (City)Nov 7, 2008 . . . . . . $9,615,000

MINNESOTAFrazee-Vargas Independent School District No. 23Nov 10, 2008 . . . . . . $3,015,000

Amid continued strong demand and recent firmness that saw some yields decline as much as 12 basis points in spots during new-issue pricing last week, a $750 million revenue offering from the New Jersey Transportation Trust Fund Authority will further test the strength of the market this week.

Weekly reporting municipal bond mutual funds had a net outflow of $253 million during the period ending Nov. 5, AMG Data Services reported.

WASHINGTON - The Treasury Department's plans to issue more than $1 trillion in Treasury securities in fiscal 2009 to help raise revenues for the financial rescue plan are likely to further the recent pronounced move of municipal bond yields above Treasury yields, market participants say.

ARIZONAGoodyear Public Improvement CorporationNov 6, 2008 . . . . . . $34,450,000

The Bond Buyer's weekly yield indexes mostly declined this week, as Treasury market gains carried municipals to a decidedly positive string of sessions.

For the second week in a row, tax-exempt money market funds saw outflows - albeit slightly less than last week - as they closed the books on October and digested a 50 basis point interest rate cut by the Federal Open Market Committee.

CALIFORNIACalifornia Pollution Control Financing AuthorityNov 4, 2008 . . . . . . $25,500,000

ARKANSASOuachita School District No. 1 of Hot Spring CountyNov 6, 2008 . . . . . . $4,010,000

Despite a faltering national economy, voters by and large gave a very favorable reception to bond referendums on Tuesday's ballot.

CALIFORNIANapa Valley Unified School DistrictNov 4, 2008 . . . . . . $25,000,000

CONNECTICUTConnecticut Regional School District No. 5Nov 5, 2008 . . . . . . $1,000,000