Investments

ARKANSASPulaski County Public Facilities BoardJul 22, 2008 . . . . . . $5,500,000

ARIZONAGreater Arizona Development AuthorityJul 29, 2008 . . . . . . $14,780,000

DALLAS - The Lone Star College System will issue the first tranche of a $420 million authorization approved by voters in May with next week's negotiated sale of $150 million of limited-tax general obligation bonds.

CALIFORNIABanning Unified School DistrictJul 9, 2008 . . . . . . $23,999,288

ILLINOISMontgomery VillageJul 28, 2008 . . . . . . $2,000,000

WASHINGTON — An effort to increase the use of covered bonds by mortgage lenders as an alternative to securitization got a concerted push Monday from regulators and the nation's biggest financial institutions.

DALLAS - The Austin Community College District takes a major step toward its regional expansion plan this week by offering $120 million of lease revenue bonds for construction of its new Round Rock campus.

ALABAMAOrange Beach Industrial Development BoardJul 17, 2008 . . . . . . $8,000,000

MASSACHUSETTSChatham (Town)Jul 10, 2008 . . . . . . $713,000

Weekly reporting municipal bond mutual funds had a net inflow of $509 million during the period ending July 23, AMG Data Services reported.

A nearly $2 billion taxable offering of revenue bonds for the Chicago Transit Authority may be priced in the new-issue market this week, leading an otherwise modest slate of deals as July comes to a close.

DALLAS — This week’s Texas deals feature an educational theme, as public schools and universities move to the head of the class.

DALLAS - The University of Texas System through the forward sale of oil and gas reserves will add $1 billion to the Permanent University Fund that backs bonds for UT and Texas A&M University campuses.

ALABAMAMobile (City)Jul 23, 2008 . . . . . . $91,390,000

CALIFORNIACalaveras CountyJul 24, 2008 . . . . . . $3,798,489

Tax-free money market funds remained in negative territory this week as they lost $4.98 billion and ended the week of July 21 with $508.49 billion in total assets, according to the Money Fund Report, a service of iMoneyNet of Westborough, Mass.

The Bond Buyer's weekly yield indexes rose this week, as the municipal market weakened in all but one of the week's sessions.

ALABAMAMobile Industrial Development BoardJul 9, 2008 . . . . . . $120,000,000

ARKANSASAtkins School District No. 18 of Pope CountyJul 23, 2008 . . . . . . $10,000,000

The New Jersey Educational Facilities Authority yesterday approved nearly $740 million of borrowing for higher educational institutions, including a plan to restructure roughly $130 million of University of Medicine and Dentistry of New Jersey debt insured, in part, by Ambac Assurance Corp. and MBIA Insurance Corp.