Public finance

ARIZONASalt River Project Agricultural Improvement and Power DistrictSep 29, 2009 . . . . . . $296,375,000

ALABAMAHomewood Medical Clinic BoardSep 17, 2009 . . . . . . $6,455,000

NORTH DAKOTAGrand Forks (City)Sep 28, 2009 . . . . . . $3,705,000

CALIFORNIAMilpitas Unified School DistrictSep 25, 2009 . . . . . . $4,100,000

Table as of: 09/25/2009 17:49 PM Invisible Supply Issuer and purpose Amount* Approval

NEW JERSEYSwedesboro BoroughSep 25, 2009 . . . . . . $484,500

CALIFORNIACalifornia Municipal Finance AuthoritySep 24, 2009 . . . . . . $210,000,000

Dwindling yields on municipal bonds have done nothing to deter investors from continuing to sock away unparalleled sums of cash into municipal bond mutual funds.

The official start of the fourth quarter will be marked by some brisk new-issue activity this week as several large financings - led by two significantly sized Build America Bond deals in California and New York - come to market.

CALIFORNIATehama County Board of EducationSep 17, 2009 . . . . . . $6,000,000

ALABAMAThe Medical Clinic Board of the City of HooverSep 17, 2009 . . . . . . $4,910,000

The Bond Buyer’s weekly yield indexes again fell this week, extending a string of declines seen over several weeks and recording an all-time low on the one-year index.

Invesco Powershares is preparing to launch an exchange-traded fund linked to Build America Bonds, fusing two of the hottest ideas in public finance.

It is now prohibited for the New York State Common Retirement Fund (CRF) to enter into business with investment advisors who have made political contributions to the state’s comptroller or a candidate for state comptroller.

With outflows of $8.46 billion, tax-exempt money market funds fell to $428.91 billion in total assets during the week ending Sept. 21, according to the Money Fund Report, a service of iMoneyNet.com.

Table as of: 09/23/2009 17:40 PM Invisible Supply Issuer and purpose Amount* Approval

ARKANSASConway (City)Sep 22, 2009 . . . . . . $12,000,000

ARKANSASWest Fork School District No. 141 of Washington CountySep 23, 2009 . . . . . . $2,570,000

SAN FRANCISCO - After pricing its massive $8.8 billion revenue anticipation note sale on the low end of its projected yield range yesterday, California now turns to a general obligation bond sale planned in two weeks.

ALABAMAClanton (City)Sep 18, 2009 . . . . . . $3,855,000