News and Information from Bond Buyer

The Treasury Department Tuesday auctioned $25 billion of 364-day bills at a 0.110% high yield, a price of 99.888778.

The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.010% high yield, a price of 99.999222.

The $508.9 million of Texas Public Finance Authority refunding general obligation bond deal was partially priced Tuesday meeting the market's demand.

Detroit Tuesday defended its proposal to take Bankruptcy Judge Steven Rhodes on a bus tour of the city as part of the plan of confirmation trial later this summer.

An upgrade from S&P helped generate $396 million worth of transportation revenue bond retail orders, according to New York's Metropolitan Transportation Authority.

Michigan Gov. Rick Snyder Monday appointed a review team to begin investigating the finances of the troubled Benton Harbor school district, a step towards a possible state takeover.

New York, NY June 24, 2014…The Conference Board Consumer Confidence Index®, which had increased in May, improved again in June. The Index now stands at 85.2 (1985=100), up from 82.2 in May. The Present Situation Index increased to 85.1 from 80.3, while the Expectations Index rose to 85.2 from 83.5 in May.

New York issuers' recent credit upgrades will boost demand for the $1.2 billion four-part sale of New York State Dormitory Authority revenue bonds scheduled for auction on Tuesday.

Tuesday, June 24 Issuer St Description Amount

Tuesday, June 24 Issuer St Description Amount

Week Of June 23 Issuer St Description Amount

Week Of June 23 Issuer St Description Amount

Indicator Last Report Forecast Actual Existing Home Sales April: 4.660M May: 4.730M May: 4.890M

Jun. 24, 2014 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.17 1.48 2.64 3.71 Arkansas Aa1/AA/NR 0.12 1.31 2.41 3.47 Colorado Aa1/AA/NR 0.13 1.4 2.56 3.63 Kansas Aa1/AA+/NR 0.12 1.36 2.48 3.54 New Mexico Aaa/AA+/NR 0.12 1.32 2.45 3.52 Oklahoma Aa2/AA+/AA+ 0.13 1.39 2.54 3.61 Texas Aaa/AAA/AAA 0.12 1.3 2.41 3.48 Utah Aaa/AAA/AAA 0.12 1.28 2.33 3.38

6/23/2014 6/16/2014 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 0 $0 0 $0 $0 Arkansas 6 45,795 6 45,795 0 Colorado 2 36,200 2 36,200 0 Kansas 9 170,525 9 170,525 0 New Mexico 0 0 0 0 0 Oklahoma 13 14,785 15 15,700 -915 Texas 39 1,676,230 43 1,691,100 -14,870 Utah 0 0 0 0 0

ILLINOIS

ARKANSAS

The Philadelphia School District is hoping Pennsylvania will provide aid, as both the district and the state enter the final days of budget preparation.

Puerto Rico's fiscal year 2015 budget is advancing through Puerto Rico's legislature.

Moody's upgraded formerly bankrupt Central Falls, R.I., to Ba3 from B1 and changed the city's outlook to stable from positive.