This report provides information about the sale of bonds for financing the construction of public elementary and secondary school facilities. It contains a description of the characteristics of primary market bond sales for public elementary and secondary schools during the 1972 fiscal year. The report also provides specific information regarding bond elections for public school purposes; new bond sales; amount of sales; and average net interest cost, with data on rating and term as related to interest cost. Data for this report were taken from reports of sales and elections published in The Daily Bond Buyer. A related document is ED 063 682. (Author)