Public finance

CALIFORNIALos Angeles County Capital Asset Leasing CorporationNov 16, 2009 . . . . . . $24,025,000

ALABAMABoaz (City)Nov 17, 2009 . . . . . . $3,435,000

ALABAMATuscaloosa Public Educational Building AuthorityNov 16, 2009 . . . . . . $17,115,000

ARIZONAPima CountyNov 17, 2009 . . . . . . $23,420,000

Investors in municipal credit need to make an important distinction between rated government bodies and unrated speculative credits, analysts from Fitch Ratings said at a conference yesterday.

ARKANSASFayetteville Municipal Property Owners' Improvement District No. 19Nov 16, 2009 . . . . . . $720,000

ILLINOISDes Plaines (City)Nov 16, 2009 . . . . . . $3,945,000

Invesco Ltd. today launches an exchange-traded fund designed to track the performance of taxable Build America Bonds — a potentially transformative product that has helped galvanize public finance in 2009.

LOUISIANAParishwide School District of the Parish of BeauregardNov 12, 2009 . . . . . . $10,000,000

ARIZONAAgua Fria Union High School District No. 216Nov 13, 2009 . . . . . . $8,315,000

Two deals over $1 billion — one in New York and one in California — will vie for investors’ attention this week as the largest being priced, as activity begins to slow down ahead of the Thanksgiving holiday next week.

Municipal bond mutual funds last week continued to command new money at a pace that was still high but not quite as high as earlier this year.

ALABAMAFairview Governmental Utility Services CorporationNov 9, 2009 . . . . . . $1,780,000

ARKANSASSouth Side School District No. 2 of Van Buren CountyNov 12, 2009 . . . . . . $2,510,000

The Bond Buyer’s weekly yield indexes were mixed during this holiday-shortened week.

Parents picking a charter school for their children want a school they can be confident will not close down. Bondholders want much the same thing.

On the heels of hefty outflows last week, the assets of tax-exempt money market funds dipped by just $649.8 million to settle at $411.57 billion for the week ending Nov. 9, according to the Money Fund Report, a service of iMoneyNet.com.

CALIFORNIABerkeley Unified School DistrictNov 10, 2009 . . . . . . $25,440,000

CALIFORNIACalifornia Statewide Communities Development AuthorityNov 10, 2009 . . . . . . $1,895,000,000

Brightening economic prospects and improving liquidity helped lift the municipal bond market in the third quarter in spite of numerous credit concerns and the evisceration of the bond insurance industry, according to the Securities Industry and Financial Markets Association’s quarterly report on municipal credit.