Public finance

IOWAAdel (City)Aug 22, 2011 . . . . . . $2,350,000

ARKANSASRose Bud School District No. 35 of White CountyAug 18, 2011 . . . . . . $5,265,000

CALIFORNIAAzusa Unified School DistrictAug 19, 2011 . . . . . . $20,285,000

Table as of: 08/19/2011 15:31 PM Invisible Supply Issuer and purpose Amount* Approval

Even amid record-low muni yields, new issuance is expected to take a hit this week, with $3.65 billion of new money coming to market, down from last week’s revised $4.72 billion.

ARKANSASLake Hamilton School District No. 5 of Garland CountyAug 18, 2011 . . . . . . $11,620,000

ALABAMALineville Water and Sewer BoardAug 18, 2011 . . . . . . $1,155,000

Plenty of scary headlines were circulating in the global marketplace this week, prompting investors to flock to high-grade fixed income.

ARKANSASBrookland School District No. 14 of Craighead CountyAug 17, 2011 . . . . . . $1,335,000

ALABAMATroy Industrial Development BoardAug 16, 2011 . . . . . . $4,005,000

ALASKAFairbanks North Star BoroughAug 16, 2011 . . . . . . $5,565,000

ALABAMALawrence County Board of EducationAug 12, 2011 . . . . . . $4,475,000

COLORADOHuerfano School District No. 1Aug 15, 2011 . . . . . . $4,140,000

ILLINOISOrland Park VillageAug 15, 2011 . . . . . . $10,000,000

CHICAGO — St. Petersburg, Fla.-based Raymond James & Associates is hoping to carve out a bigger chunk of senior-manager business in the Midwest with two new public finance hires in Chicago, one to bolster the firm's local government team here and the other to focus on large governmental issuers.

Kroll Bond Ratings got one step closer to rating muni credits last week by announcing its first big public finance hire. The next step is to release a comprehensive default study to show the market it can be a serious rival to the three dominant rating agencies.

IOWALisbonAug 8, 2011 . . . . . . $735,000

CALIFORNIALos Angeles Department of Water and PowerAug 11, 2011 . . . . . . $307,140,000

The municipal market can expect to see a surge of municipal issuance this week, with $5.28 billion coming to market, up from last week’s revised $2.55 billion.

CONNECTICUTPlymouth (Town)Aug 11, 2011 . . . . . . $5,285,000