The Bond Buyer articles from December 2007

The Bond Buyer archives from December 2007

Monday.
December 3, 2007... Regions DESPITE GROWING CRITICISM and some calls for the removal of District of Columbia chief financial officer Natwar Gandhi in the wake of a huge tax scandal, it appears that his healthy reputation with the financial community has not...

Deal in Focus: Pennsylvania Readies $706M in 3 Parts.
December 3, 2007... Pennsylvania tomorrow will competitively sell $706 million of fixed-rate general obligation bonds. The sale consists of three series, including two new-money portions and a $118 million refunding series. Public Financial Management Inc. is...

Louisiana Parish Selling Anti-Hurricane Bonds.
December 3, 2007... DALLAS -- St. Charles Parish in Louisiana will protect itself from hurricanes with proceeds from today's competitive sale of $27.4 million of public improvement bonds. The parish, located about 25 miles west of New Orleans, is bisected by...

Muni Issuance Slows Down in November: Only 770 Deals Sold During Quiet Month.
December 3, 2007... While still on pace for a record year of primary market volume, municipal bond issuers slowed way down in November, selling only 770 deals totaling $25.113 billion. That's the least of any month this year and well below 1,287 issues totaling...

Munis Unchanged to Weaker, Following Treasuries.
December 3, 2007... The municipal market was unchanged to slightly weaker Friday, following the Treasury market, which showed some losses. "There's not a lot out for the bid, I don't see a lot of trades going on, and there is not a whole lot of interest," a...

Gandhi's Wall Street Reputation Intact Despite D.C. Tax Scandal.
December 3, 2007... WASHINGTON -- Despite growing criticism and some calls for the removal of District of Columbia chief financial officer Natwar Gandhi in the wake of a huge tax scandal, it appears that his healthy reputation with the financial community has not...

Washington Reinstates Growth Cap on Property Tax Rolls.
December 3, 2007... SAN FRANCISCO -- By wide margins, Washington lawmakers last week reinstated a growth cap on state property tax rolls. Lawmakers acted Thursday in a special session called by Democratic Gov. Christine Gregoire after the state Supreme Court...

MSRB Set to Host Two Regional Compliance Seminars Next Year.
December 3, 2007... The Municipal Securities Rulemaking Board announced last week that it will host two regional compliance seminars next year on its rules for tax-advantaged college savings plans, which have been set up by states under Section 529 of the federal...

Regulation: Bond Attorney Warns of Recently Toughened Conflict Rule.
December 3, 2007... A bond lawyer for a transaction under scrutiny by the Internal Revenue Service who also wants to become the tax controversy counsel representing the issuer before the agency should be aware of a conflict of interest rule that was recently...

Mutual Funds: SEC Releases Sample Prospectus Aimed at Improving Disclosure.
December 3, 2007... The Securities and Exchange Commission last week released a sample format for a proposed "summary prospectus" designed to improve mutual fund disclosure and make prospectuses easier for investors to understand. The proposal, which the...

Mutual Funds: Weekly Reporters Post $54M of Net Outflows.
December 3, 2007... Weekly reporting municipal bond mutual funds had a net outflow of $54 million during the period ending Nov. 28, AMG Data Services reported. The results were up from a $186 million outflow the previous week, and represent the third week of...

The Week Ahead: Alabama Agency, Pennsylvania Contribute $1.8B to $10B Slate.(Calendar)
December 3, 2007... Competitive offerings from Alabama and Pennsylvania lead the way in the primary new-issue market this week, comprising $1.8 billion of the roughly $10.1 billion of bonds and notes scheduled for sale. The estimate is 34% higher than the $7.5...

In Brief: October Personal Income Up 0.2%, Core Up 0.2%.
December 3, 2007... October personal income was up 0.2% in its smallest gain since April, and personal consumption expenditures gained just 0.2% as well. PCE core prices posted 0.2% for 1.9% over the year, up from 1.8% in September. The up-creep in prices...

In Brief: NAPM-NY Current Business Index Up to 60.2 in October.
December 3, 2007... Business activity increased for a second straight month in November, as the New York current business conditions index in the National Association of Purchasing Management-New Yorks Report on Business increased in November to 60.2 from 54.7 in...

In Brief: October Construction Spending Drops 0.8%.
December 3, 2007... Construction spending dropped 0.8% in October, while September was revised to a 0.2% gain, the Commerce Department reported on Friday. (c) 2007 The Bond Buyer and SourceMedia, Inc. All rights reserved. http://www.bondbuyer.com...

In Brief: November Chicago PMI Rises to 52.9 From 49.7.
December 3, 2007... Last month the National Association of Purchasing Management-Chicago said their index rose to 52.9 from 49.7 in October. (c) 2007 The Bond Buyer and SourceMedia, Inc. All rights reserved. http://www.bondbuyer.com http://www.sourcemedia.com

Northeast Invisible Supply.
December 3, 2007... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date CONNECTICUT State GOs $435 A spring DISTRICT OF COLUMBIA GOs $300 A 2007 D.C. PILOTs for Treasury bldg....

Visible Supply By State.
December 3, 2007... Nov. 30, 2007 Nov. 23, 2007 State Issues Amount Issues Amount Chg in Amt$ Connecticut 4 $548,275,000 2 $23,770,000 $524,505,000 Delaware 1 44,085,000 0 0 44,085,000 Florida 12 1,572,600,000 12 1,719,140,000...

Plain/Insured GO Yield Curves For Nov. 29, 2007*.
December 3, 2007... State Ratings One-Year Five-Year 10-Year 30-Year Delaware Aaa/AAA/AAA 3.20 / 3.22 3.26 / 3.31 3.62 / 3.67 4.34 / 4.37 Maryland Aaa/AAA/AAA 3.20 / 3.20 3.27 / 3.20 3.63 / 3.68 4.34 / 4.38 Vermont Aaa/AA+/AA+ 3.22 /...

MARYLAND: AAA Howard's $117M Sale.
December 3, 2007... Howard County plans to issue $116.6 million of triple-A rated general obligation refunding bonds Wednesday in a negotiated transaction. Public Financial Management Inc. is the financial adviser on the deal and Bear, Stearns & Co. will lead...

MASSACHUSETTS: A Land Deal From Nantucket.
December 3, 2007... The Nantucket Island Land Bank Tuesday will sell $15 million of long-term debt in a competitive deal that will help refund existing debt and pursue open space initiatives. About $7.3 million will refund short-term debt that is due to...

NEW JERSEY: Ex-Newark Official Indicted.
December 3, 2007... A former Newark official was indicted last week on federal corruption charges for allegedly receiving cash bribes in return for his influence in securing business contracts with the city. U.S Justice Department officials say Keith Reid, the...

NEW YORK: Port Sets P3 Air Rights Deal.
December 3, 2007... The Port Authority of New York and New Jersey will lease air rights over its bus terminal in Midtown Manhattan for 99 years to 20 X Square Associates LLC for $500 million, the agency announced last week. 20 X Square, a joint venture of...

NEW YORK: HDC Gets Volume Cap Boost.
December 3, 2007... The New York City Housing Development Corp. received an additional private-activity bond volume cap allocation of $57.5 million from the state last week to allow it to issue debt for affordable housing developments this month. The HDC...

Competitive Bond Offerings.
December 3, 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.
December 3, 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.
December 3, 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 December 3 S...

Results of Negotiated Sales.
December 3, 2007... CALIFORNIA California Nov 29, 2007 $1,000,000,000 Various Purpose General Obligation Bonds (2021-23 (5.00s). 2024-26, 2029-32 and 2037 Priced to Par Call) (book entry) Dated Dec 1, 2007. Due Dec 1, 2008 to 2037. ...

Results of Competitive Sales.
December 3, 2007... ILLINOIS Channahon Park District Nov 27, 2007 $479,000 Debt Certificates, Series 2007A (bank qualified) (book entry). Dated Dec 12, 2007. Due Dec 15, 2011. Callable Dec 15, 2010 at par. Winning bid: Robert W....

Recent St. Charles Parish, La., Bond Sales.
December 3, 2007... Issue Amount* Sale Date Sales tax revenue bonds, Series 2007 $0.9 May 2007 Sales tax revenue refunding bonds, Series 2005 $7.2 Aug. 2006 Sales tax revenue bonds, Series 2004 $0.8 June 2004 General obligation refunding...

N.J. Republicans to Appeal Court Decision Keeping Toll Info Private.
December 3, 2007... Two Republican New Jersey General Assembly members have said they will appeal a court decision filed last week which ruled in favor of the state Treasury Department keeping toll projection data confidential. Assembly members Jennifer Beck,...

Long-Term Bond Sales: January-November.
December 3, 2007... 2007 2006 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $394,220,500 11,216 $341,090,600 11,422 +15.6 % January 31,217,200 852 18,784,200 721 +66.2 February ...

New-Issue Volume Notes.
December 3, 2007... The new-issue volume tables are based on information compiled by The Bond Buyer from Thomson Financial's database on Friday, November 30, 2007. All figures are preliminary and subject to revision. Long-term bonds have final stated...

Long-Term Bond Sales: November.
December 3, 2007... 2007 2006 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL 25,113,400 770 42,671,400 1,287 -41.1 % Development 844,200 32 511,400 32 +65.1 Education 8,448,500...

Bond Sales by State: January-November.
December 3, 2007... 2007 2006 Volume Volume Percentage State Rank ($000s) Rank ($000s) Change Alabama 21 $6,093,900 29 $3,655,400 +66.7 % Alaska 41 1,506,600 35 2,279,900 -33.9 Arizona 13 8,614,200 25...

Largest Issues: November 2007.
December 3, 2007... Amount Issuer Date $1,635.0 Educational Funding of the South, Tenn., student loans (AMT/TAX) Nov 6 950.5 New York City, GOs Nov 16 650.0 Clark County School District, Nev., GOs (cpt) Nov 26 550.0 Indiana...

Market Indicators.
December 3, 2007... Dollar amounts are in millions Day's 2007 2007 DailyYesterday Change High Date Low Date Municipal Bond Index 112-17 +1/32 117-29 (2/27) 107-26 (8/24) 40 Average Dollar Price 102.28 +0.02 103.02...

Municipal Market Data General Obligation Yields.
December 3, 2007... Aaa Aaa (pure) (ins) Aa A Baa 2008 3.20 3.23 3.22 3.38 3.62 2012 3.26 3.39 3.35 3.60 3.86 2017 3.62 3.80 3.72 4.10 4.31 2022 3.97 4.18 4.07 4.50 4.72 2027 4.20 4.41 4.30 4.73 4.96 ...

Short-Term Tax-Exempt Yields.
December 3, 2007... Nov 30, 2007 Nov 29, 2007 Dec 1, 2006 Selected MIG-1/SP-1+ Notes California Rans 4s (June 08) 3.20 3.23 3.38 Los Angeles Co Trans 4.50s (June 08) 3.19 3.21 3.38 Puerto Rico Trans 4.25s (Jul 08) 3.22 3.23...

U.S. Securities Prices.
December 3, 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 - 12/27/2007 3.580/550 3.330/280 3.648 3M -...

New-Issue Balances.
December 3, 2007... (,000 Omitted) *Since initial reoffering +Revised upward since last report Amount Date RECENT OFFERINGS Sold Balance $40,240 11/27 New Jersey Ed. Facs. Auth. $5,975 $6,025 15,000 11/28 Leavenworth Unif....

Reoffering Yields.
December 3, 2007... NRO - Not Reoffered; S.B. - Sealed Bid; SNA - Sold, Not Available Offer Amount Date ($Mil) RECENT OFFERINGS 1 Year 5 10 15 20 25 30 Aaa - AAA (Pure) 10/17 220.8 New Jersey Envir. Infra. Trust ... 3.56 3.90...

Visible Supply.
December 3, 2007... Competitive Negotiated Total ($000s) ($000s) ($000s) Weekly Averages 11/30/07 5,435,732 14,035,555 19,471,287 11/23 4,480,056 12,030,667 16,510,723 11/16 4,043,576 11,163,029 15,206,605 11/9 3,667,060...

Municipal Market Yields.
December 3, 2007... Values at 11/30/2007 - Basis Point Change from 11/23/2007 Aaa Aa A Baa 20083.30 +04 3.49 +03 3.76 +03 4.11 +01 20123.40 +05 3.59 +04 3.86 +04 4.23 +02 20173.73 +04 3.95 +03 4.25 +03 4.63 +02 ...

Placement Ratio.
December 3, 2007... No. Total Amt. Sales from Placement New New Accts. New Accts. Ratio Accts. ($000s) ($000s) (%) 2007 11/30 22 1,397,784 1,376,854 98.5 11/21 4 744,650 744,650 100.0 11/16 14 948,450 882,025 93.0...

Municipal Bond Index Update.
December 3, 2007... The list of bonds used to calculate the Municipal Bond Index was revised after the November 30 pricing. The new coefficient is 1.0134. It was derived by dividing the November 30 index (112.522969) by the average converted price of the new...

Municipal Bond Prices.
December 3, 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.
December 3, 2007... Current Day Previous Day Week Ago Month Ago Year Ago The Bond Buyer Municipal Bond Index 112-17 112-18 111-17 112-13 118-12 Friday, November 30, 2007 Maturity Par Call Dollar Conversion Converted Date Date Price...

Massachusetts Treasury Official Goes to Lehman Health Care Unit.
December 3, 2007... A key member of Massachusetts' Treasury Department last week left his post to join the growing health care finance department at Lehman Brothers. Patrick Landers, who has served as the commonwealth's assistant treasurer for debt management...

Bergen County, N.J., Offering $1M of GOs Directly to Public.
December 3, 2007... Bergen County, N.J., this week will offer $1 million of tax-exempt general obligation bonds directly to the public, a transaction that officials anticipate will save money for both the county and bondholders. The county will sell the...

Tuesday.
December 4, 2007... Washington A FEDERAL TRANSPORTATION OFFICIAL and the vice chairman of a congressionally mandated panel drafting a report to help shape the nation's transportation policy squared off yesterday over the role the federal government should...

Fla. SBA to Safeguard Investment Pool Assets.
December 4, 2007... BRADENTON, Fla. -- Over the past two months, Palm Beach Countywithdrew $60 million it had invested in the Florida State Board of Administration's local government investment pool because of concerns about the lack of liquidity for investments...

Paulson Silent on Cap Hike: Lobbyists Call Increase Necessary.
December 4, 2007... WASHINGTON -- Housing lobbyists yesterday were pleased with Treasury Secretary Henry Paulson's call for legislation that would allow states and localities to use tax-exempt bonds to help homeowners refinance mortgages, but said Treasury must...

St. Louis Metro Dealing With Court Loss.
December 4, 2007... CHICAGO -- St. Louis Metro transit officials were scrambling to address disclosure issues on their $20 million revenue bond issue tomorrow following a St. Louis County Circuit Court jury's verdict against the agency in a lawsuit that sought to...

Trends in the Region: In Texas, What Goes Up...: Report Sees Issuance Slowing in '08.
December 4, 2007... DALLAS -- Texas debt issuance soared 72% in fiscal 2007 to $5.87 billion, but the rate is likely to slow amid growing economic headwinds, according to a report from the Texas Bond Review Board. In its annual report on state and local bond...

Munis Slightly Firmer in Light Trading.
December 4, 2007... The municipal market was slightly firmer in light trading yesterday, following Treasuries. Traders said the market was firmer by one to two basis points. "The markets are starting to catch up but they are disjointed," a trader in San...

Michigan Repeals Service Tax Hours After It Takes Effect.
December 4, 2007... CHICAGO -- After weeks of partisan debate and pressure from business groups, the Michigan Legislature repealed a controversial new service tax just hours after it took effect Dec. 1. The roughly $700 million in lost revenue - key to eliminating...

IRS: Report: Refundings Exceeded New-Money Bond Issues in 2005.
December 4, 2007... In 2005's low interest rate environment, long-term refunding issues exceeded new-money issues for the first time over a decade, according to statistics released by the Internal Revenue Service last week. Tax-exempt bond issuance hit a...

Transportation: Attorney, DOT Official Debate Federal Government's Role in P3s.
December 4, 2007... A federal official and the vice chairman of a congressionally mandated panel drafting a report to help shape the nation's transportation policy squared off yesterday over the role the federal government should play in regulating the growing...

Oklahoma's Chickasaw Nation Selling $90M for New Hospital.
December 4, 2007... DALLAS -- The Chickasaw Nation will build a new health facility to replace its overcrowded hospital in Ada, Okla., using proceeds from tomorrow's negotiated sale of $90 million of revenue bonds. The new 72-bed facility will more than triple...

People: Banc of America Brings in Two to Run Muni Syndicate Desk.
December 4, 2007... Banc of America Securities LLC restocked its municipal syndicate desk last week, bringing in two industry veterans to help run the desk after former managing director Bill Laverty left earlier this year. When the municipal market returned...

Southwest Invisible Supply.
December 4, 2007... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date ARIZONA AzDOT/Maricopa County $3,043 P negotiated 2007-20 Maricopa County CCD $951 A negotiated 2007-15 Phoenix water...

Visible Supply by State.
December 4, 2007... Dec. 3, 2007 Nov. 27, 2007 State Issues Amount Issues Amount Chg in Amt Arizona 1 $10,000,000 4 $84,823,000 -$74,823,000 Arkansas 3 41,360,000 2 27,825,000 13,535,000 Colorado 4 28,165,000 4 46,685,000...

Plain/Insured GO Yield Curves for Nov. 30, 2007*.
December 4, 2007... State Ratings One-Year Five-Year 10-Year 30-Year Utah Aaa/AAA/AAA 3.21 / 3.22 3.31 / 3.36 3.67 / 3.75 4.34 / 4.41 Arizona Aa3/AA/NR 3.25 / 3.24 3.37 / 3.34 3.69 / 3.74 4.44 / 4.43 Colorado NR/AA/NR 3.25 / 3.24...

ARKANSAS: Study Gives TIF Thumbs Up.
December 4, 2007... A tax increment financing district in North Little Rock would add $261 million a year to the states gross domestic product and provide $26 million annually to public schools, according to an economic analysis by the Institute of Economic...

NEW MEXICO: Cyberspace Command Fight.
December 4, 2007... Gov. Bill Richardson has appointed a 15-member task force of state leaders and retired military officers to help the state compete for the permanent site of the U.S. Air Forces new Cyberspace Command. The command is temporarily located at...

OKLAHOMA: October Revenues Fall.
December 4, 2007... Tax collections for Oklahomas general fund in October fell to $444.3 million, which is $30.3 million below October 2006 collections, a drop of 6.4%. The total was $16.6 million, or 3.6%, below estimates in the state budget for fiscal 2008. ...

OKLAHOMA: DHS Gets $23M Bond Nod.
December 4, 2007... The Oklahoma Council of Bond Oversight approved a request last week by the state Department of Human Services to issue up to $23 million of revenue bonds for projects in Tulsa, Ada, and Sapulpa. The Oklahoma Development Finance Authority...

TEXAS: Princeton Gets Downgrade.
December 4, 2007... Fitch Ratings has downgraded Princeton to BBB from BBB-plus as the town, located northeast of Dallas, prepares to sell $1.6 million of general obligation refunding bonds and $8 million of combination tax and surplus revenue certificates of...

TEXAS: River Projects Trimmed.
December 4, 2007... A committee studying how to apply Bexar Countys future venue taxes to projects along the scenic San Antonio River has trimmed its project list from $177 million to the $125 million requested by the county. The venue tax from hotel stays and...

Competitive Bond Offerings.
December 4, 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.
December 4, 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.
December 4, 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 December 3 Cherokee...

Results of Negotiated Sales.
December 4, 2007... ALABAMA Huntsville (City) Nov 29, 2007 $13,195,000 Electric System Revenue Refunding Warrants Series 2007 (book entry) Dated Dec 1, 2007. Due Dec 1, 2010 to 2018. First coupon Jun 1, 2008. Callable Dec 1, 2017...

Results of Competitive Sales.
December 4, 2007... ILLINOIS East Moline (City) Dec 3, 2007 $8,000,000 General Obligation Alternate Bonds (Waterworks and Sewerage System Alternate Revenue Source), Series 2007 (bank qualified) (book entry). Dated Dec 15, 2007. Due Jan 15,...

Montana: Short-Term Investment Pool Safe From Suspension.
December 4, 2007... SAN FRANCISCO -- Montana's local governments and agencies need not fear for their investments in the state's short-term investment pool, its managers said following a run on the pool last week. Because of its significantly different...

Market Indicators.
December 4, 2007... Dollar amounts are in millions Day's 2007 2007 DailyYesterday Change High Date Low Date Municipal Bond Index 112-19 +2/32 117-29 (2/27) 107-26 (8/24) 40 Average Dollar Price 102.28 unch 103.02...

Municipal Market Data General Obligation Yields.
December 4, 2007... Aaa Aaa (pure) (ins) Aa A Baa 2008 3.18 3.21 3.20 3.36 3.60 2012 3.23 3.36 3.32 3.57 3.83 2017 3.60 3.78 3.70 4.08 4.30 2022 3.96 4.17 4.06 4.49 4.72 2027 4.19 4.40 4.29 4.72 4.96 ...

Short-Term Tax-Exempt Yields.
December 4, 2007... Dec 3, 2007 Nov 30, 2007 Dec 4, 2006 Selected MIG-1/SP-1+ Notes California Rans 4s (June 08) 3.15 3.20 3.38 Los Angeles Co Trans 4.50s (June 08) 3.15 3.19 3.38 Puerto Rico Trans 4.25s (Jul 08) 3.15 3.22...

U.S. Securities Prices.
December 4, 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 - 12/27/2007 3.568/558 3.580/550 3.635 3M -...

New-Issue Balances.
December 4, 2007... (,000 Omitted) *Since initial reoffering +Revised upward since last report Amount Date NEW OFFERINGS Sold Balance $13,045 12/3 Fargo, N.D. $13,045 All Sold 10,000 12/3 Galesburg, Ill. 7,600 2,400 ...

Reoffering Yields.
December 4, 2007... NRO - Not Reoffered; S.B. - Sealed Bid; SNA - Sold, Not Available Offer Amount Date ($Mil) RECENT OFFERINGS 1 Year 5 10 15 20 25 30 Aaa - AAA (Pure) 11/7 38.9 Westchester Co., N.Y. S.B. 3.40 3.80 4.13...

Municipal Bond Prices.
December 4, 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.
December 4, 2007... Current Day Previous Day Week Ago Month Ago Year Ago The Bond Buyer Municipal Bond Index 112-19 112-17 112-16 112-00 118-12 Monday, December 3, 2007 Maturity Par Call Dollar Conversion Converted Date Date Price...