News and Information from Bond Buyer

Indicator Last Report Forecast Actual Initial Claims 10/24: 260,000 10/31: 262,000 10/31: 276,000 Continuing Claims 10/17: 2.146M 10/24: 2.143M 10/24: 2.163M Productivity Q2: +3.5% Q3: -0.2% Q3: +1.6% Unit Labor Costs Q2: -1.8% Q3: +2.4% Q3: +1.4%

Standard & Poor's Ratings Services said it lowered to AA from AA-plus its long-term rating and underlying rating on Dallas' parity general obligation bonds.

Nov. 5, 2015 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.23 1.25 2.17 3.2 Florida Aa1/AAA/AAA 0.25 1.3 2.24 3.23 Georgia Aaa/AAA/AAA 0.23 1.2 2.09 3.09 Kentucky Aa2/AA+/AA+ 0.27 1.34 2.29 3.32 Louisiana Aa2/AA/AA 0.36 1.55 2.54 3.58 Mississippi Aa2/AA/AA+ 0.28 1.36 2.34 3.36 North Carolina Aaa/AAA/AAA 0.23 1.2 2.09 3.1 South Carolina Aaa/AA+/AAA 0.23 1.22 2.12 3.13 Tennessee Aaa/AA+/AAA 0.23 1.2 2.11 3.11 Virginia Aaa/AAA/AAA 0.22 1.19 2.08 3.08 West Virginia Aa1/AA/AA+ 0.25 1.24 2.22 3.25

11/4/2015 10/28/2015 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 0 $0 1 $6,080 -6,080 Florida 9 325,945 9 739,700 -413,755 Georgia 2 182,005 1 4,655 177,350 Kentucky 6 113,405 3 36,619 76,786 Louisiana 2 74,415 2 18,530 55,885 Mississippi 0 0 2 14,000 -14,000 North Carolina 3 142,950 4 107,375 35,575 South Carolina 0 0 1 62,540 -62,540 Tennessee 1 5,505 1 7,905 -2,400 Virginia 7 427,295 2 154,299 272,996 West Virginia 1 64,910 0 0 64,910

Thursday, November 5 Issuer St Description Amount

Thursday, November 5 Issuer St Description Amount

Week Of November 2 Issuer St Description Amount

Week Of November 2 Issuer St Description Amount

ARKANSAS

CALIFORNIA

Government

Pennsylvania Gov. Tom Wolf offered support for the Philadelphia Regional Port Authority’s planned development of the Southport Marine Terminal Complex during a visit Wednesday to the 196-acre site.

Rep. Kevin Brady, R-Texas, has been chosen as the new chairman of the House Ways and Means Committee.

Miami Beach hopes to attract investor’s appetites for yield in the coming weeks with a $620 million, multi-faceted deal to finance the city’s long-planned convention center expansion.

Atlantic City, N.J. was kept on credit watch negative by Standard & Poor’s Wednesday in advance of an updated emergency manager report and an expected decision on a financial assistance package approved by the New Jersey State Legislature.

NewOak Capital hired Wendy Berry and Shelley Michelson as directors in its fundamental credit group, the company announced on Wednesday.

Puerto Rico Gov. Alejandro García Padilla introduced legislation to reform the Puerto Rico Electric Power Authority today, a step PREPA’s creditors are requiring for them to accept reduced debt payments.

Prices of top-rated municipal bonds ended steady on Wednesday, traders said, as a second wave of new issuance washed over the market. Traders also spent time watching Congressional testimony from Federal Reserve Chair Janet Yellen and speeches from several other Fed officials.

Illinois Gov. Bruce Rauner hired financial advisory specialist Kelly Hutchinson from the firm A.C. Advisory to manage its debt as capital markets director.