News and Information from Bond Buyer

The Securities and Exchange Commission has approved the Municipal Securities Rulemaking Board's proposal to require dealers to train certain individuals annually on municipal securities issues.

Navigating through market turmoil, the Connecticut Housing Finance Authority was oversubscribed by 2.5 times and sold $157 million of bonds.

Indicator Last Report Forecast Actual Initial Jobless Claims 10/4: 287,000 10/11: 290,000 10/11: 265,000 Continuing Claims 9/27: 2.381M 10/4: 2.380M 10/4: 2.389M Industrial Production Aug.: -0.1% Sept.: +0.4% Sept.: +1.0% Capacity Utilization Aug.: 78.8 Sept.: 79.0 Sept.: 79.3 NAHB Housing Index Sept.: 59 Oct.: 59 Oct.: 54 Philly Fed Manufacturing Sept.: 22.5 Oct.: 19.9 Oct.: 20.7

Oct. 17, 2014 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aaa/AAA/AAA 0.13 1 1.82 2.75 California Aa3/A/A 0.15 1.07 2.06 3.09 Hawaii Aa2/AA/AA+ 0.14 1.08 1.98 2.93 Idaho Aa1/AA+/NR 0.13 1.1 2.01 2.97 Montana Aa1/AA/AA+ 0.13 1.08 2.01 2.97 Nevada Aa2/AA/AA+ 0.16 1.1 2.01 3 Oregon Aa1/AA+/AA+ 0.13 1.02 1.9 2.84 Washington Aa1/AA+/AA+ 0.14 1.08 1.97 2.95 Wyoming NR/AAA/NR 0.13 1.08 1.91 2.85

10/16/2014 10/9/2014 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 2 $130,475 0 $0 $130,475 California 21 1,227,805 9 797,050 430,755 Hawaii 0 0 0 0 0 Idaho 1 3,845 1 3,845 0 Montana 0 0 0 0 0 Nevada 0 0 0 0 0 Oregon 0 0 1 2,980 -2,980 Washington 5 286,500 6 1,049,840 -763,340 Wyoming 0 0 0 0 0

Friday, October 17 Issuer St Description Amount

Monday, October 20 Issuer St Description Amount

Week Of October 20 Issuer St Description Amount

Friday, October 17 Issuer St Description Amount

ARKANSAS

ALABAMA

Inflows into municipal market funds dropped this week by 41.7%.

Rhode Island priced a $162 million general obligation bond refinancing. The final net present value savings was $16.17 million, according to the office of General Treasurer Gina Raimondo.

Government

The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dropped nine basis points the week ending October 16 to 4.28%

Wisconsin closed out its last fiscal year with a $517 million undesignated ending balance, the Department of Administration reported Wednesday in the state's annual fiscal report for fiscal 2014.

Standard & Poor's lowered its ratings to A-plus from AA-minus on Pineville, La.'s utility revenue bonds due to "sizeable" budget transfers.

Today's low-yield environment creates an optimal time to purchase triple-A rated bonds, traders said.

The Alta Group's Bob Neptune will receive the 2014 Jay Terry Lifetime Achievement Award from the Association for Governmental Leasing & Finance at its national conference next month.

John Deasy, Los Angeles Unified School District Superintendent, resigned after months of controversy arose about bidding practices involving a plan to put iPads in the hands of every student.