Public finance

More than $10 billion of new volume is expected to arrive in the municipal market this week on the heels of the price stability that followed some volatility last week.

ARKANSASKirby School District No. 32 of Pike CountyDec 9, 2010 . . . . . . $2,515,000

ALABAMAAlabama Port AuthorityDec 9, 2010 . . . . . . $106,045,000

After two weeks of outflows, tax-free money market fund assets recouped some of those losses in the week ending Dec. 6, rising $3.41 billion to $328.97 billion, according to the Money Fund Report, a service of iMoneyNet.com.

The Bond Buyer’s weekly yield indexes increased this week as the absence of an extension of the Build America Bond program in a new tax bill led to two ­consecutive mid-week routs that brought 20-year yields to a 17-month high.

ARKANSASDecatur School District No. 17 of Benton CountyDec 8, 2010 . . . . . . $4,005,000

ALABAMAHuntsville-Madison County Airport AuthorityDec 8, 2010 . . . . . . $13,485,000

Table as of: 12/07/2010 17:28 PM Invisible Supply Issuer and purpose Amount* Approval

ARKANSASPulaski County Special School District of Pulaski CountyDec 7, 2010 . . . . . . $18,605,000

DELAWARESussex CountyDec 6, 2010 . . . . . . $57,182,000

Chicago-based Loop Capital Markets LLC has hired James C. Johnson as its general counsel.

PFM Group announced last week that Robert W. Crispin, the former chairman and chief executive of ING Investment Management Americas, has joined its board of directors.

CALIFORNIASanta Ana Unified School DistrictDec 3, 2010 . . . . . . $61,920,000

IOWAJohnston (City)Dec 6, 2010 . . . . . . $970,000

CALIFORNIAKern Public Services Financing AuthorityDec 2, 2010 . . . . . . $11,250,000

ALABAMAWest Morgan-East Lawrence Water and Sewer AuthorityDec 3, 2010 . . . . . . $36,675,000

The exodus of cash from municipal bond mutual funds has slowed down as the November spike in yields attracted buyers back into the market, following a few frightening weeks of outflows.

In the wake of November’s hefty volume and the sell-off it helped precipitate, the market is poised for an estimated $12.11 billion of supply this week as issuers continue to race the clock against the impending expiration of the Build America Bonds program, according to Ipreo LLC and The Bond Buyer.

ALABAMACullman CountyDec 2, 2010 . . . . . . $6,550,000

This week didn’t exactly seem like an ideal time to float a tobacco bond.