Public finance

ARKANSASJonesboro School District No. 1 of Craighead CountyFeb 1, 2011 . . . . . . $5,970,000

Table as of: 01/31/2011 13:23 PM Invisible Supply Issuer and purpose Amount* Approval

MASSACHUSETTSCohasset (Town)Jan 31, 2011 . . . . . . $7,500,000

ILLINOISRockford Park DistrictJan 25, 2011 . . . . . . $3,670,000

ALABAMAHenry County Public Education Co-operation DistrictJan 24, 2011 . . . . . . $8,345,000

Climbing the wall of expiring bank guarantees on municipal debt in the coming months may not turn out to be as daunting as anticipated.

Municipal bond mutual fund outflows moderated last week as a nervous market seemed better able to absorb the relentless fund selling.

With a $1.1 billion Chicago airport deal postponed, the New York City Transitional Finance Authority and North Carolina instead will offer two of the largest deals in a lackluster week as February starts with an estimated $3.02 billion of volume, according to Ipreo LLC and The Bond Buyer.

GEORGIACobb County School DistrictJan 27, 2011 . . . . . . $62,000,000

ALABAMAFayetteville Water AuthorityJan 26, 2011 . . . . . . $1,180,000

To present a more integrated and timely view of states’ total debt obligations, Moody’s Investors Service on Thursday announced that for the first time it will combine net tax-supported debt and unfunded pension-liability figures when evaluating state ratings.

Tax-exempt money market funds experienced a second week of outflows, losing $3.18 billion, and total net assets dropped to $326.73 billion in the week ended Jan. 24 — $1.17 billion less than the previous week, according to the Money Fund Report, a service of iMoneyNet.com.

All The Bond Buyer’s weekly long-term yield indexes declined this week, as the muni market grew firmer in each session.

CALIFORNIACalifornia Health Facilities Financing AuthorityJan 26, 2011 . . . . . . $475,000,000

CONNECTICUTLitchfield (Town)Jan 26, 2011 . . . . . . $2,210,000

Investors in tax-exempt debt should be cautious about heeding recent reports about the possibility of widespread bankruptcy and default in the municipal market, and stop running away from solid, safe investments because of distorted opinions in the media.

CALIFORNIAChino Hills (City)Jan 25, 2011 . . . . . . $4,915,000

ARIZONAScottsdale (City)Jan 25, 2011 . . . . . . $22,525,000

ILLINOISTremont Area Park DistrictJan 12, 2011 . . . . . . $900,000

MINNESOTAInver Grove Heights Independent School District No. 199Jan 24, 2011 . . . . . . $6,690,000