News and Information from Bond Buyer

The Treasury Department said Thursday it will auction $24 billion 91-day bills and $23 billion 182-day discount bills Monday.

The Treasury Department said it will auction $13 billion one-year 10-month 0.070% floating rate notes on Wednesday, Sept. 24.

The Treasury Department said it will auction $29 billion seven-year notes on Thursday, Sept. 25.

The chief financial officer of the Long Island Power Authority, responding to a Bond Buyer article, says the authority's upcoming financings involve refinancing debt for purposes that don't count as operating expenses under generally accepted accounting principles.

International troubles are occupying the market on Thursday morning with investors watching the Scotland vote on independence from the U.K., and whether that will impact the municipal market.

California is making its debut into the "green bond" market next week with its $2.3 billion general obligation bond sale.

The region's manufacturing sector expanded at a slower pace in September, as the general business conditions index slipped to 22.5 from 28.0 in August, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Indicator Last Report Forecast Actual CPI July: +0.1% Aug.: unch Aug.: -0.2% CPI Core July: +0.1% Aug.: +0.2% Aug.: unch Current Account Q1: -$102.1B Q2: -$114.6B Q2: -$98.5B NAHB Housing Index Aug.: 55 Sept.: 56 Sept.: 59

Sep. 18, 2014 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.13 1.17 2.33 3.32 Florida Aa1/AAA/AAA 0.14 1.23 2.37 3.38 Georgia Aaa/AAA/AAA 0.13 1.17 2.24 3.19 Kentucky Aa2/AA+/AA 0.15 1.27 2.45 3.43 Louisiana Aa2/AA/AA 0.14 1.25 2.41 3.37 Mississippi Aa2/AA/AA+ 0.15 1.26 2.43 3.39 North Carolina Aaa/AAA/AAA 0.13 1.17 2.24 3.19 South Carolina Aaa/AA+/AAA 0.13 1.18 2.28 3.23 Tennessee Aaa/AA+/AAA 0.13 1.18 2.28 3.22 Virginia Aaa/AAA/AAA 0.13 1.16 2.23 3.18 West Virginia Aa1/AA/AA 0.14 1.26 2.43 3.41

9/17/2014 9/10/2014 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 1 15,810 1 3,335 12,475 Florida 9 749,545 9 429,756 319,789 Georgia 5 334,430 5 237,180 97,250 Kentucky 0 0 3 7,820 -7,820 Louisiana 1 82,740 5 59,890 22,850 Mississippi 1 2,500 0 0 2,500 North Carolina 4 317,055 0 0 317,055 South Carolina 0 0 1 83,580 -83,580 Tennessee 2 54,310 1 31,650 22,660 Virginia 3 496,015 2 126,750 369,265 West Virginia 0 0 2 118,000 -118,000

Thursday, September 18 Issuer St Description Amount

Thursday, September 18 Issuer St Description Amount

Week Of September 15 Issuer St Description Amount

CALIFORNIA

ARIZONA

Puerto Rico House of Representatives President Jaime Porelló Borás is working to have Puerto Rico's anticipated $900 million tax and revenue anticipation note governed by New York State law.

Government

Contrary to conventional economic theory, municipal pricing tightened on Wednesday as supply flooded into the primary market. Traders noted the movement was typical, as demand often chases supply after light calendar periods.

Personal income tax collections declined significantly in many states during the second quarter of this year, according to preliminary data in a report released by the Nelson A. Rockefeller Institute of Government on Wednesday.

Standard & Poor's dropped Morrison, Ill.'s limited-tax GO debt certificates three notches to the lowest investment grade level of BBB-minus and its issuer credit rating to BBB due to its ongoing fiscal challenges.