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The Bond Buyer articles from August 2007

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The Bond Buyer archives from August 2007

Wednesday.
August 1, 2007... Regions ALBUQUERQUE will exhaust the final authorization from $121 million of general obligation bonds approved by voters in October 2005 with Monday's competitive sale totaling $48.1 million. 7 Washington MARC E. LACKRITZ, chief...

Lehman Launches Two Index Swap Products.
August 1, 2007... Lehman Brothers launched two indexes today aiming to provide a more efficient hedging vehicle for municipal bond investors than what is currently available in the market. The Lehman Municipal Index Swap products, first announced last week,...

Radian Asset's AA Put On Negative Watch: If Merger Fails, Credit to Drop: Fitch.
August 1, 2007... Fitch Ratings yesterday put bond insurer Radian Asset Assurance Inc.'s AA insurer financial strength rating on negative watch, saying the company's rating will drop at least one notch if an announced merger between the insurer's parent company...

Lawyers: No Patents for Tax Advice: Congress Considers Banning Practice.
August 1, 2007... WASHINGTON -- Attorneys are increasingly seeking to patent the advice they give on muni-related and other tax issues as lawmakers consider legislation that would ban the burgeoning practice. In the municipal market, most of the patents...

In Brief: Employment Cost Index Rises 0.9% in 2d Quarter.
August 1, 2007... The U.S. employment cost index for the second quarter of 2007 rose 0.9% for overall compensation costs to civilian workers, with the wages and salaries component up 0.8% and benefits rising 1.3%, the Bureau of Labor Statistics reported...

In Brief: Personal Income Up 0.4%; Core PCE Up 1.9% Over Year.
August 1, 2007... WASHINGTON -- The U.S. June personal income report contained no surprises and gives few insights into future growth. It was affected by annual revisions that included more complete data. June core personal consumer expenditure prices were...

In Brief: June Construction Spending Falls 0.3% to $1.177 Trillion.
August 1, 2007... Spending on construction projects fell 0.3% to a seasonally adjusted annual rate of $1.175 trillion in June as private construction decreased 0.3% and public construction was flat, according to Commerce Department figures released yesterday....

In Brief: July Chicago PMI Slips To 53.4 From 60.2 in June.
August 1, 2007... The Chicago Purchasing Managers Business Barometer slipped to 53.4 in July from 60.2 in June, the National Association of Purchasing Management-Chicago said yesterday. The data is compiled on a seasonally adjusted basis. An index reading...

In Brief: July NAPM-NY BCI Drops To 446.4 From 451.5 in June.
August 1, 2007... The New York business conditions index in the National Association of Purchasing Management-New Yorks Report on Business decreased in July to 446.4 from 451.5 in June. The reports outlook/expectations index dropped to 62.5 from 66.7, while...

In Brief: Consumer Confidence Index Soars to Six-Year High.
August 1, 2007... The consumer confidence index increased to a six-year high in July, climbing to 112.6 from an upwardly revised 105.3 last month, the Conference Board reported yesterday. The June index reading was originally reported as 103.9. ...

In Brief: Treasury 4-Week Bills Go At 5.055% High.
August 1, 2007... The Treasury Department yesterday auctioned $26 billion of four-week bills at a 5.055% high yield, a price of 99.615778. The coupon equivalent was 5.160%. The bid-to-cover ratio was 2.50. Tenders at the high rate were allotted 59.50%. The...

Munis Firm With Data Below Expectations.
August 1, 2007... The municipal market was slightly firmer yesterday, as most economic data came in below expectations. The market is up a little bit, more so in the short end, a trader in New York said. There looks to be a couple of good-sized buyers...

People: Marc Lackritz to Retire; SIFMA Begins Search for Successor.
August 1, 2007... Marc E. Lackritz, chief executive officer of the Securities Industry and Financial Markets Association, publicly announced yesterday that he will retire from SIFMA within the next few months, prompting the group to begin a search for his...

Legislation: House Committee OKs Bill to Create Trust Fund for Affordable Housing.
August 1, 2007... The House Financial Services Committee yesterday amended and approved a bill that would create a National Affordable Housing Trust Fund. The bill, HR 2895, passed the committee by a vote of 45 to 23 and will now be sent to the full House...

Regulation: Cox Urges Senate Panel to Support Disclosure Reform Legislation.
August 1, 2007... Securities and Exchange Commission chairman Christopher Cox said yesterday that "several members" of Congress are interested in sponsoring legislation to boost disclosure and accounting rules for the municipal market and that he is optimistic...

Treasury: Paulson to Congress: Raise $8.965 Trillion Debt Ceiling Soon.
August 1, 2007... The U.S. Treasury will hit its $8.965 trillion debt limit in early October, and Congress should act to raise the statutory ceiling as soon as possible, Treasury Secretary Henry Paulson warned Monday. "The actions that are available to the...

Denver Airport Starts Capital Financing Plan With Two Sales.
August 1, 2007... DALLAS -- Denver International Airport today takes the first step toward financing its largest capital improvement program since opening in 1995. In a deal led by Goldman, Sachs & Co., the airport will price $213 million of new-money...

N.J. Will Vote on $200M for Conservation in November.
August 1, 2007... New Jersey voters will decide this November whether they want the state to sell $200 million of general obligation bonds to acquire and develop land for recreation and conservation. Gov. Jon Corzine yesterday signed the Green Acres,...

Mutual Funds: Muni Bond Funds Dropped $3B in Net New Cash Flow in June.
August 1, 2007... The month of June was not good to municipal mutual funds as the tax-exempt bond funds dropped roughly $3 billion in net new cash flow from the previous month, according to Investment Company Institute data released this week. The decrease...

Albuquerque Tapping Out GO Authorization With $48M Deal.
August 1, 2007... DALLAS -- Albuquerque will exhaust the final authorization from $121 million of general obligation bonds approved by voters in October 2005 with Monday's competitive sale totaling $48.1 million. The sale includes $43 million of general...

S&P Upgrades San Diego County's Issuer Credit to AA-Plus.
August 1, 2007... SAN FRANCISCO -- Standard & Poor's late Monday upgraded San Diego County's issuer credit rating to AA-plus from AA and upgraded it outstanding pension obligation bonds and certificates of participation to AA from AA-minus. The ratings,...

Deal in Focus: Indiana Bond Bank to Sell $300M In Its First Prepaid Gas Transaction.
August 1, 2007... CHICAGO -- The Indiana Bond Bank as soon as today plans to price about $300 million of tax-exempt special program gas revenue bonds in its first prepaid gas transaction, which is aimed at reducing the long-term purchase costs of the three local...

Deal in Focus: Midwest Invisible Supply.
August 1, 2007... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date ILLINOIS Chicago OHare rev bonds $1000 A Lehman 2007 State Toll Highway Authority $700 P negotiated summer Cook County...

Visible Supply by State.
August 1, 2007... July 31, 2007 July 24, 2007 State Issues Amount Issues Amount Chg in Amt Illinois 7 $369,745,000 9 $181,700,000 $188,045,000 Indiana 3 315,315,000 0 0 315,315,000 Iowa 5 43,975,000 7 48,240,000 -4,265,000...

Plain/Insured GO Yield Curves for July 30, 2007*.
August 1, 2007... State Ratings One-Year Five-Year 10-Year 30-Year Missouri Aaa/AAA/AAA 3.67 / 3.65 3.78 / 3.82 4.00 / 4.07 4.37 / 4.44 Minnesota Aa1/AAA/AAA 3.66 / 3.70 3.79 / 3.85 4.01 / 4.07 4.40 / 4.44 Ohio Aa1/AA+/AA+ 3.70 /...

ILLINOIS: Student Loan Blowout.
August 1, 2007... The Illinois Student Assistance Commission on Monday announced that it had closed on the sale of $1.38 billion of loans from its student loan portfolio to retire debt and finance student grants included in the states budget. The agency...

ILLINOIS: Win for O'Hare Project Foes.
August 1, 2007... A DuPage County Circuit Court judge last week granted the request of suburban opponents of Chicagos $7.5 billion expansion of OHare International Airport to temporarily halt the demolition of properties in Bensenville until environmental issues...

INDIANA: Hanover College Falls.
August 1, 2007... Moodys Investors Service last week downgraded Hanover Colleges credit to A3 from A2 and said its outlook remains negative due to ongoing enrollment challenges that have led to increasing operating deficits. The action affects $7.9 million...

WISCONSIN: Menasha Dropped to A3.
August 1, 2007... Moodys Investors Service yesterday downgraded Menashas underlying credit to A3 from A2 as the city plans to issue $13.9 million of taxable general obligation promissory notes next week to refinance debt issued for a utility project. The...

Competitive Bond Offerings.
August 1, 2007... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond Buyer Online's Competitive Bond Offering Calendar....

Competitive Note Offerings.
August 1, 2007... Tentative dates for negotiated sales of $1 million or more. Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is...

Negotiated Bond Offerings.
August 1, 2007... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of July 30 Howell Mtn...

Negotiated Note Offerings.
August 1, 2007... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of July 30 Seymour...

Results of Negotiated Sales.
August 1, 2007... CALIFORNIA Bonsall Union School District Jul 26, 2007 $4,698,309 General Obligation Bonds, Election of 2005, Series 2007C (2022 Priced to Par Call) (bank qualified) (book entry) $2,080,000. Dated Aug 9, 2007. Due Aug 1,...

Results of Competitive Sales.(Financial report)
August 1, 2007... CONNECTICUT Windsor Locks (Town) Jul 31, 2007 $3,745,000 Bond Anticipation Notes (bank qualified) (book entry). Dated Aug 8, 2007. Due May 7, 2008. Purchased $3,745,000.00 by First Southwest, at 4.0%, plus...

Municipal Bond Elections.
August 1, 2007... This table lists bond elections involving $500,000 or more and gives the dates when the voters are scheduled to cast their ballots (,000 omitted). * New in Calendar Tuesday, August 07, 2007 $900 Garden Vly Dt Lib, ID ...

Long-Term Bond Sales: July.
August 1, 2007... 2007 2006 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL 27,693,200 728 27,893,900 926 -0.7 % Development 149,900 13 439,400 39 -65.9 Education ...

Health Care, Education Bond Sales Lead Volume; In Line With 2007.
August 1, 2007... Editor's Note: Beginning this month, The Bond Buyer will alter the way it reports on bond issuance volume at the beginning of each month. Starting with today's story on volume for July, we will publish a preliminary story and abbreviated table,...

Market Indicators.
August 1, 2007... Dollar amounts are in millions Day's 2007 2007 DailyYesterday Change High Date Low Date Municipal Bond Index 112-22+7/32 117-29 (2/27) 110-07 (6/12) 40 Average Dollar Price 100.75 +0.19 102.06...

Municipal Market Data General Obligation Yields.
August 1, 2007... Aaa Aaa (pure) (ins) Aa A Baa 2008 3.65 3.70 3.69 3.73 3.89 2012 3.75 3.85 3.83 3.93 4.07 2017 3.97 4.08 4.06 4.19 4.32 2022 4.16 4.29 4.26 4.40 4.53 2027 4.26 4.39 4.36 4.50 4.63 ...

Short-Term Tax-Exempt Yields.
August 1, 2007... Jul 31, 2007 Jul 30, 2007 Aug 1, 2006 Selected MIG-1/SP-1+ Notes Los Angeles Co Trans 4 1/2s (June 08) 3.62 3.60 3.64 Michigan GO 4 1/4s (Sept 07) 3.73 3.73 n.a. Texas Trans 4 1/2s (Aug 07) 3.73 3.73...

U.S. Securities Prices.
August 1, 2007... Prices as of 3 p.m. ET. Source: GovPx (ICAP plc) Treasury Bills Yesterday's Prev. Day's Yesterday's (in percent of discount) Bid/Offer Bid/Offer Bid Yield 1M - 8/23/2007 4.950/900 4.848/838 5.048 3M -...

New-Issue Balances.
August 1, 2007... (,000 Omitted) *Since initial reoffering +Revised upward since last report Amount Date NEW OFFERINGS Sold Balance $29,895 7/31 Henderson, Nev. $26,270 $3,625 26,500 7/31 Burnwick, N.C. 15,250 11,250...

Reoffering Yields.
August 1, 2007... NRO - Not Reoffered; S.B. - Sealed Bid; SNA - Sold, Not Available Offer Amount Date ($Mil) NEW OFFERINGS 1 Year 5 10 15 20 25 30 7/31 24.5 Travis Co., Tex. (Aaa/AAA) ... 3.85 4.15 4.39 4.65... ... RECENT...

Merrill Lynch Corporate Bond Indexes.
August 1, 2007... Performance Comparisons for July 30, 2007 Aaa-Baa Rated Corporates Index Avg. Pct. of Total Return % Close Yield Market Prior Wk. Y-T-D ML Corporate Master 1627.71 6.06 100.00 -0.22 +0.84 Intermediate (1-10...

Municipal Bond Prices.
August 1, 2007... These 40 Bonds are evaluated and priced daily by Standard & Poor's Securities Evaluations Inc. All figures are rounded to the nearest eighth when reported in this table. "Change in Bid" is rounded after calculation. Dollar...

Municipal Bond Index.
August 1, 2007... Current Day Previous Day Week Ago Month Ago Year Ago The Bond Buyer Municipal Bond Index 112-22 112-15 112-14 112-01 113-14 Tuesday, July 31, 2007 Maturity Par Call Dollar Conversion Converted Date Date Price Factor...

Municipal Bond Index Update.
August 1, 2007... The list of bonds used to calculate the Municipal Bond Index was revised after the July 31 pricing. The new coefficient is 1.0169. It was derived by dividing the July 31 index (112.689183) by the average converted price of the new set of...

Florida Cat Fund Readies $7B of Taxable Floating-Rate Notes.
August 1, 2007... BRADENTON, Fla. -- The Florida Hurricane Catastrophe Fund Finance Corp. yesterday was told to proceed with the sale by a nine-member syndicate of up to $7 billion of taxable floating-rate notes to provide liquidity in anticipation of future...

Illinois Lawmakers Let Deadline for New Budget Pass Without Agreement.
August 1, 2007... CHICAGO -- Illinois Gov. Rod Blagojevich and lawmakers yesterday allowed a midnight deadline to pass for approving a new one-year budget or an extension of the current one, although state government can continue operating without disruption...

Massachusetts Gov. Patrick Raises State Debt Cap for Infrastructure.
August 1, 2007... Massachusetts Gov. Deval Patrick yesterday raised the state's debt cap for infrastructure improvements to $1.5 billion from $1.25 billion for fiscal 2008 with $125 million annual debt limit increases scheduled for each of the subsequent four...

Thursday.
August 2, 2007... News THE SUPREME COURT will hear oral arguments for Kentucky v. Davis on Nov. 5, according to multiple sources close to the case.4 A FEDERAL JUDGE has doubled a jury's original $38.4 million damage award to MuniAuction Inc. who had...

Calif.'s Biola Univ. Files Suit Against BoA, BNP: Charges Include Racketeering, Fraud.
August 2, 2007... WASHINGTON -- Bank of America Corp. and BNP Paribas face allegations of fraud, racketeering, and other misconduct in connection with municipal swap transactions in a $25 million civil suit filed Tuesday by California's Biola University. ...

Dodd Floats Water, Road Legislation: Bill Would Create Infrastructure Bank.
August 2, 2007... WASHINGTON -- Citing a critical need to improve the nation's dilapidated infrastructure, Senate Banking Committee chairman Sen. Christopher J. Dodd, D-Conn., unveiled legislation yesterday that would establish a national infrastructure bank...

Mindful of the Past, Moody's Moves On.
August 2, 2007... Above the old building entrance of Moody's Investors Service hangs a huge bronze plaque with a picture of two men. One is a pioneer of the American West, and the other is a worker from the East who built the tools the pioneer used; they are...

In Brief: Treasury to Sell $22B Of 10-, 30-Year Debt.
August 2, 2007... The Treasury Department announced yesterday it will sell $13 billion of 10-year notes on Aug. 8 and $9 billion of 293/4-year bonds on Aug. 10. Treasury will pay down $40.639 billion of debt and refund $62.639 billion with the quarterly...

In Brief: ISM Index at 53.8 in July, Down From 56.0 in June.
August 2, 2007... The overall economy grew for the 69th straight month, while the manufacturing sector expanded for the sixth time in a row, the Institute for Supply Management reported yesterday. According to the institutes monthly report on business, the...

In Brief: NAR: Pending Home Sales Indicate Stability Ahead.
August 2, 2007... Existing home sales are likely to stabilize in the coming months, the National Association of Realtors said based on its pending home sales index. The index, based on home sale contracts signed in June, rose 5% in June to 102.4 from a...

Munis Unchanged, Following Slow Treasuries.
August 2, 2007... The municipal market was largely unchanged yesterday, following Treasuries, which also saw little movement. Were held captive by the vagaries of whats happening in the taxable markets, and what that means for Treasuries as a result of the...

Correction.(Correction notice)
August 2, 2007... Yesterdays story about the Florida Hurricane Catastrophe Fund included an incorrect figure for how much in claims it could pay. Before its cap was raised to $28.4 billion in January, the fund could pay approximately $16 billion a year in...

Pulaski Co., Ark., Likely Not to Be Held Liable in IRS Probe.
August 2, 2007... DALLAS -- The Pulaski County,Ark.,Quorum Court was told Tuesday by attorneys representing the county that Pulaski probably will not be liable if federal investigators determine a 2002 housing bond issue is not tax-exempt. The Pulaski...

Once Upon a Time, N.Y.C. Did Have a Aaa Moody's Rating.
August 2, 2007... Last month, The Bond Buyer and Moody's Investors Service described that agency's upgrade of New York City's debt to Aa3 as the city's highest Moody's rating in history. Not quite, it turns out. While the Aa3 is the highest since the fiscal...

Federal Judge Doubles MuniAuction's $38.4M Damage Award.
August 2, 2007... A federal judge has more than doubled a jury's original $38.4 million damage award to MuniAuction Inc., which had charged Thomson Financial and related company i-Deal LLC of infringing a patent on an electronic system for competitive sales of...

High Court to Hear Kentucky v. Davis Arguments Nov. 5.
August 2, 2007... WASHINGTON -- The Supreme Court will hear oral arguments for Kentucky v. Davis on Nov. 5, according to multiple sources close to the case. In addition, the Davises, a married couple that successfully argued against Kentucky in a state...

House to Consider Energy Tax Package.
August 2, 2007... WASHINGTON -- The U.S. House is expected to take up a $16 billion energy tax package, including provisions that would authorize up to $2 billion of new clean renewable energy bonds and other debt programs, before the end of the week, according...

Seattle-Northwest Brokers $28M YWCA Housing Deal.
August 2, 2007... SAN FRANCISCO -- Washington's Puget Sound region is one of the only real estate markets in the United States where home prices are escalating despite higher interest rates. So to increase the stock of affordable housing, Seattle-Northwest...

Municipal Bond Activities.
August 2, 2007... August 2 The Municipal Securities Rulemaking Board, jointly with DTCC and the Securities Industry and Financial Markets Association, will host a three-hour seminar at the Global Financial Markets Conference Center in New York City to...

Bond Insurers: ACA Capital Announces Net Second-Quarter Losses of $93.3M.
August 2, 2007... Following a month of heavy scrutiny from stock and bond investors over its exposure to subprime mortgages, ACA Capital Holdings Inc. announced Tuesday evening that it had a net loss of $93.3 million during the second quarter. The company,...

FGIC Sees 2Q Gains Undercut by Unrealized Derivative Losses.
August 2, 2007... Subprime worries continue to affect municipal bond insurers, as the parent company of triple-A rated Financial Guaranty Insurance Co. said Tuesday that second-quarter earnings gains were undercut by mark-to-market losses related to credit...

New Jersey Voters Likely Won't Vote on Corzine's P3 Questions This Year.
August 2, 2007... While New Jersey Gov. Jon Corzine is in favor of putting certain proposals for raising money from the state's physical assets before voters, they may not be able to weigh in on the use of potential privatization proceeds until next year. ...

Deal in Focus: Tennergy Readies $2.6 Billion Prepaid Natural Gas Offering.
August 2, 2007... BRADENTON, Fla. -- After a year in development, Jackson, Tenn.-based Tennergy Corp. says it is on course to market the largest-ever prepaid natural gas deal to date with the sale on Wednesday of nearly $2.6 billion of gas revenue bonds....

Deal in Focus: Southeast Invisible Supply.
August 2, 2007... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date ALABAMA Birmingham Jefferson convention rev. bonds $600 P 2007 FLORIDA South Florida Everglades COPs $500 A fall...

Visible Supply by State.
August 2, 2007... Aug. 1, 2007 July 25, 2007 State Issues Amount Issues Amount Chg in Amt Alabama 0 $0 1 $305,000,000 -$305,000,000 Florida 13 839,845,000 8 412,685,000 427,160,000 Georgia 6 758,220,000 6 241,280,000...

Plain/Insured GO Yield Curves for July 31, 2007*.
August 2, 2007... State Ratings One-Year Five-Year 10-Year 30-Year Virginia Aaa/AAA/AAA 3.65 / 3.67 3.75 / 3.82 3.97 / 4.05 4.37 / 4.42 North Carolina Aaa/AAA/AAA 3.66 / 3.65 3.77 / 3.83 3.99 / 4.07 4.37 / 4.47 South Carolina...

GEORGIA: S&P Affirms Hartsfield.
August 2, 2007... Standard & Poors Friday affirmed its A-plus underlying rating on $1.7 billion of senior-lien bonds and its A rating on $1 billion of subordinate-lien bonds issued by Atlanta on behalf of Hartsfield-Jackson Atlanta International Airport. ...

MISSISSIPPI: Amite Sets School Debt Vote.
August 2, 2007... The Amite County Board of Education has scheduled a referendum for Sept. 25 to ask voters to approve nearly $14 million of general obligation bonds. The law requires 60% of those voting to approve the referendum in order for the school...

NORTH CAROLINA: CHS Slips Before $1B Deal.
August 2, 2007... Standard & Poors last week downgraded its long-term rating on the Charlotte-Mecklenburg Hospital Authority, which business as the Carolinas HealthCare System, just ahead of the issuance of $1.1 billion of revenue bonds. The agency dropped...

VIRGINIA: Virginia Tech Gets Positive.
August 2, 2007... Moodys Investors Service last week affirmed its Aa3 rating on Virginia Polytechnic & State Universitys general revenue bonds and revised the rating outlook to positive. The revised outlook affects $282 million of outstanding rated debt and...

Competitive Bond Offerings.
August 2, 2007... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond Buyer Online's Competitive Bond Offering Calendar....

Competitive Note Offerings.
August 2, 2007... Tentative dates for negotiated sales of $1 million or more. Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is...

Negotiated Bond Offerings.
August 2, 2007... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of July 30 Buckeye ESD...

Negotiated Note Offerings.
August 2, 2007... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of July 30 Seymour...

Results of Negotiated Sales.
August 2, 2007... ARIZONA Gladden Farms Community Facilities District Jul 31, 2007 $3,075,000 General Obligation Bonds, Series 2007 (bank qualified) (book entry) Dated Aug 15, 2007. Due Jul 15, 2009 to 2032. First coupon Jan 15, 2008....

Results of Competitive Sales.
August 2, 2007... CALIFORNIA Colton Public Financing Authority Aug 1, 2007 $13,480,000 Lease Revenue Bonds, 2007 Series B (book entry). Dated Aug 14, 2007. Due Aug 1, 2008 to 2032. Callable Aug 1, 2017 at par. Winning bid:...

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