News and Information from Bond Buyer

Saddled with high electric rates, the Paducah Power System in Kentucky will investigate its fiscal obligations to the beleaguered Prairie State Energy Campus.

Detroit Friday gained Michigan's final approval for a plan to issue $1.1 billion of bonds for a bankruptcy exit financing and to raise money to pay off several creditors.

San Francisco-based Dignity Health plans to issue $1.4 billion worth of debt through several private placement deals and a taxable bond issuance up to $888 million in the first two weeks of October.

Gov. Jerry Brown signed a bill authorizing a bond issuance for the Monterey Peninsula's water project.

Ohio has launched what officials say is a first-of-its-kind program that creates a new state-backed credit for local government note issuers.

The Municipal Securities Rulemaking Board could accomplish many of its transparency goals more cheaply by providing more information itself than by requiring dealers to provide it, the Securities Industry and Financial Markets Association told the MSRB Friday.

Triet Nguyen is starting as a managing director at NewOak on Monday.

The Texas Enterprise Fund administered by recently indicted Gov. Rick Perry provided $222 million to companies and organizations that never applied for the money or promised to create jobs, a state audit finds.

Most Texans want to increase state spending on transportation infrastructure without raising taxes, according to a new statewide poll.

Standard & Poor's handed Pennsylvania its third GO downgrade in three months and second in a week, lowering it to AA-minus from AA.

Secondary market trading saw yields strengthen on Friday morning as traded shirted their focus away from the primary markets temporarily.

Taxable municipal bond sales surged to a five-month high in the past week, attracting yield-hungry investors as tax free spreads tighten.

Puerto Rico's 2013 efforts to financially strengthen its pension plans faltered in 2014 in the face of the commonwealth's overall fiscal problems and an adverse court decision.

An active week behind them, traders expect a slow close to the week.

Indicator Last Report Forecast Actual Initial Jobless Claims 9/13: 280,000 9/20: 300,000 9/20: 293,000 Continuing Claims 9/6: 2.429M 9/13: 2.450M 9/13: 2.439M Durable Goods July: +22.6% Aug.: -17.9% Aug.: -18.2% Durable Goods ex-trans July: -0.8% Aug.: +0.6% Aug.: +0.7%

Sep. 26, 2014 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aaa/AAA/AAA 0.13 1.17 2.22 3.12 California A1/A/A+ 0.17 1.25 2.47 3.46 Hawaii Aa2/AA/AA+ 0.14 1.25 2.38 3.32 Idaho Aa1/AA+/NR 0.13 1.27 2.41 3.34 Montana Aa1/AA/AA+ 0.13 1.25 2.41 3.34 Nevada Aa2/AA/AA+ 0.16 1.27 2.41 3.37 Oregon Aa1/AA+/AA+ 0.13 1.18 2.3 3.21 Washington Aa1/AA+/AA+ 0.14 1.25 2.38 3.32 Wyoming NR/AAA/NR 0.13 1.25 2.31 3.22

9/25/2014 9/18/2014 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 1 $57,565 -$57,565 California 11 1,070,755 18 2,674,235 -1,603,480 Hawaii 0 0 0 0 0 Idaho 1 3,845 1 3,845 0 Montana 0 0 0 0 0 Nevada 1 7,000 0 0 7,000 Oregon 1 5,000 1 3,885 1,115 Washington 4 660,945 6 680,460 -19,515 Wyoming 0 0 0 0 0

Friday, September 26 Issuer St Description Amount

Monday, September 29 Issuer St Description Amount

Week Of September 29 Issuer St Description Amount