Investments

CALIFORNIAVentura County Community College DistrictOct 28, 2008 . . . . . . $191,347,814

ARKANSASWaldron School District No. 45 of Scott CountyOct 29, 2008 . . . . . . $5,245,000

A dispute between Louisiana State University and Tulane University over the composition of the oversight board for the proposed new $1.2 billion LSU academic hospital in downtown New Orleans has delayed the state’s plan to issue up to $400 million of revenue bonds for the facility.

BRADENTON, Fla. - Alabama on Tuesday filed a complaint in federal court asking a judge to void a swaption the Alabama Public School and College Authority entered into in 2002 and 2003 with JPMorgan.

CALIFORNIADesert Sands Unified School DistrictOct 27, 2008 . . . . . . $100,000,000

ARKANSASManila School District No. 15 of Mississippi CountyOct 28, 2008 . . . . . . $4,385,000

As liquidity for municipal issuers remains scarce in the short-term market, a regional broker-dealer group and an organization representing nonprofit student loan lenders are urging the Treasury Department to provide standby liquidity facilities for issuers still trying to convert from auction-rate securities to variable-rate demand obligations.

DALLAS - With oil prices plummeting to half of what they were three months ago, the University of Texas Board of Regents has cancelled plans to raise $1 billion for the state's Permanent University Fund through the sale of oil and gas properties.

ARIZONAKingman (City)Oct 24, 2008 . . . . . . $3,880,000

MAINECumberland CountyOct 27, 2008 . . . . . . $1,700,000

The University of Medicine and Dentistry of New Jersey faces new allegations of inflating medical costs by at least $21 million a year and increasing federal reimbursements for the hospital, according to a weekend report in the Newark Star-Ledger.

The Arizona Board of Regents last week priced $104 million of revenue refunding bonds, drawing coupons of 4% and a yield of 3.22% on the short end to 6% with a yield of 6.12% on bonds maturing in 2028.

ARIZONAPhoenix Civic Improvement CorporationOct 24, 2008 . . . . . . $133,400,000

A pair of deals from two New York municipalities and a Texas sale will headline an estimated slate of $4.47 billion in total new-issue supply in the primary market this week - more than double the revised figures from last week - as municipal volume continues to show signs of recovery from the month-long dry spell inflicted by the nation's financial and economic turmoil.

CHICAGO -The Illinois Finance Authority last week advanced borrowing plans totaling nearly $1.5 billion for health care, higher education institutions, and other nonprofits, including a $375 million sale planned by Rush University Medical Center and $500 million for the University of Chicago.

Weekly reporting municipal bond mutual funds had a net outflow of $1.126 billion during the period ending Oct. 15, AMG Data Services reported.

DALLAS — Despite increased sales activity and a rally that sent yields for The Bond Buyer indexes plummeting last week, market volatility continues to put the brakes on deals in Texas. But two large refundings may get to market at some point this week, as well as a handful of bank-qualified issues from utility districts.

ARIZONAGlendale (City)Oct 22, 2008 . . . . . . $199,750,000

ARKANSASDumas School District No. 6 of Desha CountyOct 23, 2008 . . . . . . $2,980,000

The Bond Buyer's weekly yield indexes plummeted this week, after a sizeable rally Tuesday led to a historic one Wednesday, and the market then held firm yesterday.