An issue of $148 million Kansas City School District, Mo., refunding leasehold revenue bonds dominated the primary sector yesterday, while secondary prices continued to drift, despite shifting economic data and heavy new issuance.

A Prudential Securities Inc. group tentatively priced and then restructured and raised some yields on the Kansas City issue, which is being backed by Financial Guaranty Insurance Co., and will carry triple-A ratings from Moody's Investors Service and Standards & Poor's Corp.

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