Public finance

ARIZONAMadison Elementary School District No. 38Aug 4, 2011 . . . . . . $12,000,000

Table as of: 08/09/2011 12:24 PM Invisible Supply Issuer and purpose Amount* Approval

In a historic week for the nation and the financial markets, money market funds saw outflows across the board. As Congress was busy ironing out a resolution to the debt-ceiling crisis before the Aug. 2 deadline, investors withdrew $1.23 billion from tax-exempt money funds in the week ended Aug. 1, according to the Money Fund Report, a service of iMoneyNet.com.

CONNECTICUTBarkhamsted (Town)Aug 3, 2011 . . . . . . $2,000,000

ALABAMAAttalla Water Works BoardAug 3, 2011 . . . . . . $1,885,000

Table as of: 08/04/2011 12:10 PM Invisible Supply Issuer and purpose Amount* Approval

Health care and housing remain two of the most risky sectors in the municipal market, with the federal health care bill and the sluggish real estate market contributing to skepticism about the sectors. But muni experts say some distressed debt is safe enough to be a buying opportunity.

CONNECTICUTEast Haddam (Town)Aug 2, 2011 . . . . . . $720,000

COLORADOCheyenne County School District #RE-5Aug 2, 2011 . . . . . . $4,125,000

Table as of: 08/04/2011 12:54 PM Invisible Supply Issuer and purpose Amount* Approval

While the speculative hysteria about across-the-board municipal debt defaults has calmed, many investors are still wondering what bonds remain at risk and how many municipalities will end up in bankruptcy.

ILLINOISArlington Heights VillageAug 1, 2011 . . . . . . $9,925,000

CALIFORNIASan ClementeAug 1, 2011 . . . . . . $5,005,000

Table as of: 08/04/2011 12:20 PM Invisible Supply Issuer and purpose Amount* Approval

MASSACHUSETTSLowell Regional Transit AuthorityJul 29, 2011 . . . . . . $7,720,000

ALABAMALoxley (Town)Jul 29, 2011 . . . . . . $4,710,000

The market can expect $3.25 billion in new volume this week, showing issuers still plan to borrow despite fears prompted by the endless debate about raising the federal debt limit. Issuance will be down from last week’s revised $4.6 billion.

CONNECTICUTNorwalk (City)Jul 28, 2011 . . . . . . $18,000,000

CALIFORNIAFolsom Public Financing AuthorityJul 28, 2011 . . . . . . $10,855,000

Outflows from tax-exempt money market funds continued for a second straight week as investors yanked $2.09 billion and total net assets dropped to $301.18 billion in the week ending July 25, according to the Money Fund Report, a service of iMoneyNet.com.