Public finance

ILLINOISClinton Community Unit School District No. 15Nov 30, 2009 . . . . . . $3,275,000

ILLINOISJohnsburg Community Unit School District No. 12Dec 7, 2009 . . . . . . $3,365,000

Reality has set in for municipal closed-end funds. And reality is not so bad.

Wayne Godlin, a municipal veteran with 26 years of experience, has joined the global investment management firm AllianceBernstein LP as a member of its municipal bond portfolio management team.

INDIANACity of JonesboroDec 3, 2009 . . . . . . $600,000

ALASKAAnchorageDec 3, 2009 . . . . . . $49,680,000

In a year that has seen nearly $58 billion of Build America Bond issuance, this week might afford one of the last opportunities in 2009 for investors to buy into sizeable offerings of the taxable debt.

Each passing week confirms the “new normal” in municipal bond mutual funds.

ARKANSASHarmony Grove School District No. 1 of Ouachita CountyDec 3, 2009 . . . . . . $5,780,000

ALASKAAlaska Municipal Bond BankDec 3, 2009 . . . . . . $29,120,000

The technicals and the fundamentals are at war.

The Bond Buyer’s weekly yield indexes declined this week, as the municipal market grew slightly firmer in each of the week’s sessions.

Tax-exempt money market fund assets declined by $2.09 billion and ended with $406.15 trillion for the week ending Nov. 30, according to the Money Fund Report, a service of iMoneyNet.com.

ARKANSASHope (City)Dec 2, 2009 . . . . . . $1,975,000

CONNECTICUTMadison (Town)Dec 2, 2009 . . . . . . $2,500,000

Pacific Investment Management Co. is the latest company to jump into the municipal bond exchange-traded fund business.

Table as of: 12/01/2009 15:28 PM Invisible Supply Issuer and purpose Amount* Approval

ARKANSASFort Smith (City)Dec 1, 2009 . . . . . . $3,595,000

ARKANSASConway School District No. 1 of Faulkner CountyDec 1, 2009 . . . . . . $41,325,000

MINNESOTAFreeborn CountyNov 30, 2009 . . . . . . $1,060,000