Public finance

ILLINOISNettle Creek Community Unit School District No. 24-CSep 1, 2009 . . . . . . $825,000

IOWAExira Community School DistrictSep 14, 2009 . . . . . . $1,450,000

Table as of: 09/17/2009 16:38 PM Invisible Supply Issuer and purpose Amount* Approval

Table as of: 09/17/2009 16:38 PM Invisible Supply Issuer and purpose Amount* Approval

ALABAMAEscambia County Board of EducationAug 26, 2009 . . . . . . $7,180,000

ARKANSASDermott Special School District of Chicot CountySep 10, 2009 . . . . . . $2,585,000

SAN FRANCISCO — Build America Bonds rapidly gained investor acceptance in their first four months in the market, but they continued to trade differently from traditional municipal bonds during that period, according to preliminary findings from Loop Capital Markets.

The Bond Buyer’s weekly yield indexes declined this holiday-shortened week, as the municipal market grew firmer in most of the week’s sessions, with the majority of the gains situated on the long end of the curve.

After seeing money flee in recent weeks, tax-exempt money market funds inched up slightly by $1.29 billion for the week ending Sept. 7 to settle at $442.70 billion, according to the Money Fund Report, a service of iMoneyNet.com.

CONNECTICUTTolland (Town)Sep 2, 2009 . . . . . . $1,350,000

ARKANSASPea Ridge School District No. 109 of Benton CountySep 9, 2009 . . . . . . $5,035,000

ALABAMACalhoun CountyAug 28, 2009 . . . . . . $6,940,000

KANSASJohnson County Water District No. 1Sep 8, 2009 . . . . . . $26,190,000

The trend of money moving into longer-term municipal bond mutual funds continued last week as the pace of inflows remained near historic highs by every measure.

Supply-hungry investors will face a thin calendar of post-holiday fare as an estimated $2.99 billion is expected to enter the municipal market this week, according to Ipreo LLC and The Bond Buyer.

CALIFORNIASan Francisco (City and County)Sep 2, 2009 . . . . . . $37,885,000

Closed-end municipal bond funds have come screaming back to life as the confluence of cheap financing costs and hearty long-term rates has bolstered dividends and lured investors to tax-equivalent yields of often 10% or more.

The Bond Buyer’s weekly yield indexes declined this week, as gains on the long end of the municipal yield curve helped carry tax-exempts to a firmer footing, despite a quietening of activity ahead of the forthcoming three-day holiday weekend.

Tax-exempt money market funds both saw outflows and set record-low yields for the week ending Aug. 31 on the heels of losing very little cash and yields remaining unchanged the previous week, according to the Money Fund Report, a service of iMoneyNet.com.

CALIFORNIAJohn Swett Unified School DistrictSep 2, 2009 . . . . . . $6,001,175