News and Information from Bond Buyer

Bridgeport, Conn., buoyed by an improved outlook from Moody's, plans to sell $75 million of GO bonds.

Net revenues of the Puerto Rico Aqueduct and Sewer Authority came in 6% ahead of budget in fiscal 2014.

Business inventories rose 0.4% to $1.743 trillion in June, while sales increased 0.3% to $1.347 trillion, the Commerce Department reported Wednesday.

Fort Worth will ask voters to approve using $225 million of public funds with matching private donations to build a $450 million multipurpose arena in the city's Cultural District.

Detroit asked the bankruptcy court to approve financing deals that would allow it to refinance up to $5.5 billion of water and sewer debt, providing the first glimpse of settlement details with the bondholders in the court request.

Banks that own broker-dealers need to hold more capital to withstand runs and other shocks, said Eric Rosengren, the head of the Federal Reserve Bank of Boston said Wednesday.

After two days of retail orders, institutional players will have a chance to buy the remainder of New York City's $900 general obligation deal.

Moody's Investors Service has downgraded Douglasville-Douglas County Water and Sewer Authority, Ga.'s revenue bonds to Aa3 from Aa2, affecting $151.7 million of outstanding debt.

Indicator Last Report Forecast Actual Treasury Budget June: +70.5B July: -$96.0B July: -$94.6B

Wednesday, August 13 Issuer St Description Amount

Wednesday, August 13 Issuer St Description Amount

Week Of August 11 Issuer St Description Amount

Week Of August 11 Issuer St Description Amount

FLORIDA

ALABAMA

Borrowing by Midwest issuers slid 13.2% for the first half of 2014 but new-money issuance fueled by Chicago and Illinois deals helped boost new-money by 16.8%.

Government

Market participants sense a "wait and see attitude" in the municipal bond market this week as trading activity is light.

The National Association of Bond Lawyers released a paper Tuesday to help educate bond lawyers and other market participants about general obligation bonds in the wake of the Detroit and Jefferson County, Ala. bankruptcy filings.

How NYPD and Health and Hospitals Corp. manage claim costs can enlighten other New York City agencies, the Citizens Budget Commission watchdog organization said.