News and Information from Bond Buyer

The municipal bond market on Thursday is seeing the last of the week's big issues come to market while eying a slight pause in the recent rally in muni prices that has left yields lower.

Jim Haddon is leaving Public Financial Management Inc. to join Ramirez & Co., where he will be a member of the senior executive team.

The Treasury Department said it will auction $15 billion 10-year inflation-protected notes on Thursday, Jan. 22.

The Treasury Department said Thursday it will auction $24 billion 91-day bills and $24 billion 182-day discount bills Tuesday.

Standard & Poor's Ratings Services said it lowered its rating on Marion Independent School District, Iowa 's outstanding unlimited-tax general obligation bonds two notches to A-minus from A-plus.

Indicator Last Report Forecast Actual Empire State Manufacturing Dec.: -1.23 Jan.: 5.00 Jan.: 9.95 Initial Jobless Claims 1/3: 297,000 1/10: 291,000 1/10: 316,000 Continuing Claims 12/27: 2.475M 1/3: 2.400M 1/3: 2.424M PPI Nov.: -0.2% Dec.: -0.4% Dec.: -0.3% PPI Core Nov.: unch Dec.: +0.1% Dec.: +0.3% Philly Fed Manufacturing Dec.: 24.3 Jan.: 20.0 Jan.: 6.3

The region's manufacturing sector expanded at a slower pace in January, as the general business conditions index dropped to 6.3 from 24.3 in December, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Standard & Poor's Ratings Services said it lowered its rating on Maine Health & Higher Educational Facilities Authority's revenue debt, issued for Colby College, one notch to AA from AA-plus.

The municipal bond market on Thursday is digesting the relatively hefty new issuance that hit the screens this week while eying the recent rally in muni prices that has left yields markedly lower this week.

The Empire State Manufacturing Survey showed "business activity expanded for New York manufacturers," the Federal Reserve Bank of New York reported Thursday, as the general business conditions index surged to positive 9.95 in January from negative 1.23 in December.

Standard & Poor's Ratings Services said it lowered its rating on New York State Dormitory Authority's revenue debt, issued for Brooklyn Law School (BLS), one notch to BBB from BBB-plus.

Standard & Poor's Ratings Services said it lowered its long-term rating to BBB-minus from BBB on Jefferson Parish Hospital Service District No. 1, La.'s series 2011 hospital revenue and refunding bonds, and its underlying rating (SPUR) to BBB-minus from BBB on the district's series 1998B bonds.

Jan. 15, 2015 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.14 1.17 1.9 2.7 Florida Aa1/AAA/AAA 0.14 1.16 1.96 2.78 Georgia Aaa/AAA/AAA 0.14 1.12 1.83 2.61 Kentucky Aa2/AA+/AA+ 0.16 1.24 2.05 2.86 Louisiana Aa2/AA/AA 0.15 1.23 2.03 2.82 Mississippi Aa2/AA/AA+ 0.16 1.23 2.03 2.81 North Carolina Aaa/AAA/AAA 0.14 1.12 1.83 2.61 South Carolina Aaa/AA+/AAA 0.14 1.14 1.87 2.65 Tennessee Aaa/AA+/AAA 0.14 1.14 1.87 2.64 Virginia Aaa/AAA/AAA 0.14 1.11 1.82 2.6 West Virginia Aa1/AA/AA+ 0.16 1.22 2.04 2.84

1/14/2015 1/7/2015 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 5 $631,225 2 $15,150 616,075 Florida 4 529,880 4 639,390 -109,510 Georgia 3 48,365 2 38,850 9,515 Kentucky 2 17,300 4 79,575 -62,275 Louisiana 2 16,675 2 33,705 -17,030 Mississippi 0 0 0 0 0 North Carolina 1 72,200 0 0 72,200 South Carolina 1 16,890 0 0 16,890 Tennessee 0 0 1 172,665 -172,665 Virginia 2 35,500 1 12,000 23,500 West Virginia 0 0 0 0 0

Thursday, January 15 Issuer St Description Amount

Thursday, January 15 Issuer St Description Amount

Week Of January 12 Issuer St Description Amount