News and Information from Bond Buyer

The Treasury Department Tuesday auctioned $13 billion of one-year 10-month floating rate notes with a high discount margin of 0.110%, at a 0.053% spread, a price of 99.893288.

Standard & Poor's Ratings Services said it raised its rating on Cleveland County Justice Authority, Okla.'s series 2009 sales tax revenue bonds to A-plus from A.

Indicator Last Report Forecast Actual Durable Goods Oct.: +0.3% Nov.: +2.9% Nov.: -0.7% Durable Goods ex-trans Oct.: -1.0% Nov.: +1.0% Nov.: -0.4% GDP Q2: +4.6% Q3: +4.3% Q3: +5.0% Final Sales Q2: +3.2% Q3: +4.2% Q3: +5.0% Personal Income Oct.: +0.3% Nov.: +0.5% Nov.: +0.4% Consumption Oct.: +0.3% Nov.: +0.5% Nov.: +0.6% Core PCE Oct.: +0.2% Nov.: +0.1% Nov.: unch Michigan Sentiment Nov.: 88.8 Dec.: 93.5 Dec.: 93.6 Current Conditions Nov.: 102.7 Dec.: 105.1 Dec.: 104.8 Expectations Nov.: 79.9 Dec.: 85.0 Dec.: 86.4 New Home Sales Oct.: 445,000 Nov.: 460,000 Nov.: 438,000

The Florida dirt bond sector, after retrenching dramatically during the financial crisis, is showing signs of recovery in both market activity and credit measures.

Citing a recent debt restructuring, Moody's Investors Service upgraded the San Joaquin Hills Transportation Corridor Agency two notches to Ba2.

The region's non-manufacturing sector declined in December, as the general business conditions index slipped to 32.5 from 41.2 in November, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Service sector activity "slowed going into the December holidays," according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing activity in the central Atlantic region "grew modestly" in December, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index rose to 7 in December from 4 in November.

The University of Michigan's final December consumer sentiment index reading was 93.6, compared to the preliminary December 93.8 and the final November 88.8, according to market sources.

The municipal bond market will be very quiet on Tuesday as traders and investors look ahead to the early market close on Wednesday and the Christmas holiday on Thursday.

Dallas closed on $529 million of bonds Dec. 22 after meeting strong market demand for the issue that included new money and refunding.

Dec. 23, 2014 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.22 1.44 2.38 3.24 Arkansas Aa1/AA/NR 0.17 1.34 2.16 3.01 Colorado Aa1/AA/NR 0.18 1.35 2.27 3.14 Kansas Aa1/AA+/NR 0.17 1.37 2.25 3.1 New Mexico Aaa/AA+/NR 0.17 1.34 2.21 3.07 Oklahoma Aa2/AA+/AA+ 0.18 1.39 2.28 3.14 Texas Aaa/AAA/AAA 0.17 1.33 2.17 3.05 Utah Aaa/AAA/AAA 0.17 1.28 2.08 2.92

12/22/2014 12/15/2014 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 0 $0 2 $695,230 -$695,230 Arkansas 1 3,865 1 3,865 0 Colorado 3 43,700 8 147,890 -104,190 Kansas 0 0 6 24,903 -24,903 New Mexico 0 0 3 32,785 -32,785 Oklahoma 0 0 1 18,000 -18,000 Texas 9 299,615 26 625,205 -325,590 Utah 0 0 2 22,810 -22,810

Tuesday, December 23 Issuer St Description Amount

Tuesday, December 23 Issuer St Description Amount

Week Of January 5 Issuer St Description Amount

COLORADO

ARIZONA

Government

Missouri hospitals reported providing $588 million in charity care and another $512 million in uncompensated care last year, the Missouri Hospital Association said in a report.