News and Information from Bond Buyer

Bond insurer Syncora Guarantee Inc., Detroit's fiercest opponent in the city's bankruptcy case, said it is already gearing up for appeals process assuming the city's plan is confirmed in a trial set to start later this month.

Consumer credit increased by $17.2 billion, or 6.5%, in June to $3.211 trillion, the Federal Reserve reported Thursday.

Matthias Edrich, vice chair of the National Association of Bond Lawyers' tax committee, has joined Greenberg Traurig’s public finance tax practice as a shareholder.

Fitch Ratings said it has upgraded to A from A-minus $68,295,000 fixed-rate revenue bonds series 2007A, issued by Baltimore County, Md., issued on behalf of Oak Crest Village, Inc.

Standard & Poor's Ratings Services said it lowered its long-term rating to BB-plus from BBB-minus on the Michigan Finance Authority's series 2012 limited obligation revenue refunding bonds issued on behalf of Cesar Chavez Academy.

A federal appellate panel Thursday ruled that North Carolina’s plan to replace the 50-year-old Bonner Bridge must be reconsidered by a lower court.

Moody's Investors Service said it has downgraded to Aa3 from Aa2 the issuer long-term rating on the city of Martinez, Calif.

Robert Yaro will retire as president of the Regional Plan Association at the end of the year, the urban planning group announced.

Observer Capital’s first acquisition includes business-to-business publications Mergers & Acquisitions, American Banker and the Bond Buyer

Overnight bid activity in Treasuries strengthened the municipal market Thursday morning, allowing for strong bids and pricing in both the secondary and primary.

Portland, Ore. priced $290 million of revenue bonds this week to fund capital improvements to its sewer system and refund outstanding debt.

The New York City Transitional Finance Authority may have found the perfect deal structure to take advantage of the lack of short term paper in the market.

The Treasury Department said Thursday it will auction $29 billion 91-day bills and $25 billion 182-day discount bills Monday.

Education deals are scheduled to lead issuance in both the competitive and negotiated markets on Thursday.

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

Indicator Last Report Forecast Actual International Trade May: -$44.7B June: -$44.8B June: -$41.5B

Aug. 7, 2014 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.11 1.24 2.34 3.41 Florida Aa1/AAA/AAA 0.11 1.31 2.37 3.48 Georgia Aaa/AAA/AAA 0.11 1.24 2.26 3.29 Kentucky Aa2/AA+/AA 0.13 1.34 2.46 3.52 Louisiana Aa2/AA/AA 0.12 1.33 2.44 3.48 Mississippi Aa2/AA/AA+ 0.13 1.33 2.46 3.49 North Carolina Aaa/AAA/AAA 0.11 1.24 2.25 3.28 South Carolina Aaa/AA+/AAA 0.11 1.25 2.29 3.32 Tennessee Aaa/AA+/AAA 0.11 1.24 2.3 3.31 Virginia Aaa/AAA/AAA 0.11 1.23 2.24 3.27 West Virginia Aa1/AA/AA 0.12 1.33 2.47 3.51

8/6/2014 7/30/2014 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 5 $314,880 3 $276,995 $37,885 Florida 6 332,945 5 167,330 165,615 Georgia 2 24,260 2 24,260 0 Kentucky 5 108,535 5 237,405 -128,870 Louisiana 1 2,500 3 33,445 -30,945 Mississippi 0 0 1 7,780 -7,780 North Carolina 1 24,575 0 0 24,575 South Carolina 1 113,515 0 0 113,515 Tennessee 2 339,400 0 0 339,400 Virginia 3 479,690 5 655,850 -176,160 West Virginia 0 0 0 0 0

Thursday, August 7 Issuer St Description Amount

Thursday, August 7 Issuer St Description Amount