Public finance

CONNECTICUTConnecticut Regional School District No. 18Jan 6, 2010 . . . . . . $10,000,000

As if municipal bond closed-end funds needed any more help, the year-end tax selling that customarily plagues the industry every December took the year off in 2009.

Table as of: 01/05/2010 16:16 PM Invisible Supply Issuer and purpose Amount* Approval

KENTUCKYMartin County School District Finance CorporationJan 5, 2010 . . . . . . $2,400,000

PENNSYLVANIAPennsylvania Housing Finance AgencyDec 3, 2009 . . . . . . $250,000,000

MINNESOTAFreeborn CountyJan 4, 2010 . . . . . . $3,575,000

ALABAMABirmingham Industrial Development BoardOct 29, 2009 . . . . . . $3,400,000

ALABAMAHuntsville Industrial Development BoardDec 20, 2009 . . . . . . $9,155,000

In the first week of 2009, nobody had heard of Build America Bonds. In the first week of 2010, they rule the municipal bond market.

NEW YORKCoxsackie VillageDec 1, 2009 . . . . . . $110,000

ALABAMAPrattville (City)Dec 18, 2009 . . . . . . $1,820,000

Cash continues to run off the sidelines as investors lose patience with the minuscule returns offered by short-term safe havens.

Most of The Bond Buyer’s weekly indexes increased slightly during this holiday-shortened week, with the market largely inactive and firmly entrenched in the holiday doldrums.

NEW JERSEYVernon TownshipDec 29, 2009 . . . . . . $13,487,398

IOWADubuque Community School DistrictDec 22, 2009 . . . . . . $17,000,000

State and local government tax receipts plunged again in the third quarter as municipalities continued to feel the squeeze from shrinking incomes and tepid sales.

ALABAMASelma (City)Dec 17, 2009 . . . . . . $13,290,000

ALABAMALawrence CountyDec 21, 2009 . . . . . . $13,130,000

Table as of: 12/23/2009 17:00 PM Invisible Supply Issuer and purpose Amount* Approval

Money market funds coughed up more cash last week as investors continued to embrace risk amid signs of a stabilized economy.