Public finance

CALIFORNIABanning Unified School DistrictJul 20, 2011 . . . . . . $2,170,000

CALIFORNIALos Angeles (City)Jul 19, 2011 . . . . . . $117,000,000

ALABAMAThe Water Works and Sewer Board of the City of HaleyvilleJul 19, 2011 . . . . . . $3,050,000

ILLINOISClarendon Hills VillageJul 18, 2011 . . . . . . $500,000

ILLINOISEvanston (City)Jul 18, 2011 . . . . . . $13,590,000

Table as of: 07/15/2011 14:31 PM Invisible Supply Issuer and purpose Amount* Approval

LOUISIANABienville Parish Consolidated School District No. 33Jul 14, 2011 . . . . . . $3,700,000

ALABAMADaleville (City)Jul 15, 2011 . . . . . . $2,955,000

The municipal market this week should see its biggest slate of new issuance so far in 2011, with $8.27 billion expected to come to market.

CONNECTICUTFairfield (Town)Jul 14, 2011 . . . . . . $41,380,000

ALABAMAAnniston Public Building AuthorityJul 14, 2011 . . . . . . $15,000,000

CHICAGO - Moody's Investors Service this week said it views positively recent court rulings in Colorado and Minnesota dismissing litigation that challenged legislative cuts to retirees' pension cost-of-living increases, and expects the rulings will spur other states to act.

Weekly yield indexes fell precipitously this week thanks to a flight to quality among Treasuries coupled with seasonal demand for tax-exempt paper.

Cash flowed into municipal money market funds for a second week in a row, though noticeably less than the billion dollars the industry recouped in the previous week, according to the Money Fund Report, a service of iMoneyNet.com.

Table as of: 07/13/2011 13:08 PM Invisible Supply Issuer and purpose Amount* Approval

CONNECTICUTDanbury (City)Jul 13, 2011 . . . . . . $2,000,000

ALABAMAAtmore (City)Jul 13, 2011 . . . . . . $6,410,000

Against a backdrop of investors continuing to pull money from tax-exempt bond funds, the municipal market’s first-ever exchange-traded fund to focus specifically on closed-end muni funds has launched.

Municipal portfolio managers say they are finding value in various pockets of the market, ranging from premium bonds to potentially refundable debt.

COLORADOColoradoJul 12, 2011 . . . . . . $500,000,000