News and Information from Bond Buyer

Standard & Poor's Ratings Services said it lowered its long-term rating to D from CC and removed the rating from CreditWatch with negative implications on the California Statewide Communities Development Authority's series 2008A tax-exempt revenue bonds and series 2008B taxable revenue bonds issued for Thomas Jefferson School of Law (TJSL).

The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.

Indicator Last Report Forecast Actual ISM Non-Manufacturing Sept.: 58.6 Oct.: 58.0 Oct.: 57.1

Nov. 6, 2014 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.14 1.17 2.23 3.14 Florida Aa1/AAA/AAA 0.15 1.21 2.25 3.2 Georgia Aaa/AAA/AAA 0.14 1.15 2.12 3.03 Kentucky Aa2/AA+/AA+ 0.16 1.25 2.33 3.27 Louisiana Aa2/AA/AA 0.15 1.23 2.32 3.24 Mississippi Aa2/AA/AA+ 0.16 1.23 2.31 3.23 North Carolina Aaa/AAA/AAA 0.14 1.15 2.12 3.03 South Carolina Aaa/AA+/AAA 0.14 1.16 2.16 3.07 Tennessee Aaa/AA+/AAA 0.14 1.16 2.16 3.06 Virginia Aaa/AAA/AAA 0.14 1.14 2.11 3.02 West Virginia Aa1/AA/AA+ 0.16 1.24 2.32 3.25

11/5/2014 10/29/2014 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 0 0 0 0 0 Florida 1 13,855 4 259,975 -246,120 Georgia 2 24,260 4 80,015 -55,755 Kentucky 8 73,635 8 158,585 -84,950 Louisiana 3 155,365 0 0 155,365 Mississippi 1 13,500 3 32,500 -19,000 North Carolina 1 295,295 3 108,800 186,495 South Carolina 6 245,885 0 0 245,885 Tennessee 1 1,465 3 13,125 -11,660 Virginia 6 339,565 5 658,420 -318,855 West Virginia 0 0 0 0 0

Thursday, November 6 Issuer St Description Amount

Thursday, November 6 Issuer St Description Amount

Week Of November 3 Issuer St Description Amount

ARKANSAS

ARKANSAS

Government

Wichita, Kan., officials were left empty-handed as voters rejected a one cent sales tax for transit, street and jobs projects over the coming five years.

A Puerto Rico court affirmed its decision in favor of the Puerto Rico bank Doral Financial Corp., in a setback for the Puerto Rico Treasury.

A day after Texans elected State Sen. Glenn Hegar to succeed her, state Comptroller Susan Combs reported that Texas revenues rose 12.9% in October to $2.41 billion, the second highest total for the year.

Chicago Treasurer Stephanie Neely will join Allstate as a vice president, treasury, responsible for the firm's strategic direction and management of liquidity, capital, ratings and corporate structure issues.

The North Texas Tollway Authority's $461 million of refunding bonds were ten times oversubscribed in a Nov. 5 pricing, bringing the toll road operator savings of nearly 11%.

On the morning after Denton, Texas, voters approved new limits on drilling operations in the city, an oil and gas industry association went to court seeking an injunction.

Incumbent Nevada Gov. Brian Sandoval led a sweep of top state offices that resulted in Republicans taking control of the state Assembly and Senate.

Newly elected Wayne County, Michigan Executive Warren Evans said he believes the long-struggling county, home to Detroit, will be able to avoid a state-appointed emergency manager.