News and Information from Bond Buyer

The trustees of all five New York City pension funds have voted to ban placement agents across all investment classes, Comptroller Scott Stringer announced.

Standard & Poor's Ratings Services said it has raised its underlying rating on Mattituck-Cutchogue Union Free School District, N.Y.'s general obligation debt two notches to AA from A-plus.

House GOP leaders push ahead with a plan to fund highway projects for a year with savings realized by limited Saturday mail deliveries.

Standard & Poor's Ratings Services said it lowered to A-minus from A its long-term rating on Madison County Community Unit School District No. 9 (Granite City), Ill.'s general obligation bonds.

Rules proposed by the Environmental Protection Agency could have a material impact on the public sector, Bank of America Merrill Lynch analysts said.

The $225.9 million Nebraska Public Power District bonds are catching investors' eyes.

Short-term interest rates should be raised when the U.S. economy is within a year of reaching both full employment and about 2% inflation, Federal Reserve Bank of Boston President & Chief Executive Officer Eric S. Rosengren said Monday.

Detroit's hometown automakers pledged $26 million towards the Detroit Institute of Arts' $100 million share of the so-called "grand bargain" that's a key part of the city's plan to emerge from bankruptcy.

Houston would surpass the $2 billion mark in issuance for the year if it can issue the full $530 million of revenue and refunding bonds it has authorized for its water and sewer system.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.035% high rate, unchanged from 0.035% the prior week, and the six-months incurred a 0.060% high rate, up from 0.055% the week before.

Philadelphia School District's Ba2 rating was placed on review for a downgrade by Moody's Investors Service, which cited a delay in approving the budget.

The Treasury Department said Monday it will sell $30 billion of four-week discount bills Tuesday.

Investors are conflicted over the appeal of the $850 million of New York City general obligation bonds in light of New York City Mayor Bill de Blasio's deal with the United Federation of Teachers.

The Conference Board's Employment Trends Index (ETI) gained to 118.58 in May from a downwardly revised 117.32 in April, and is up 5.4% from a year ago, the group announced Monday.

While the macroeconomy moves toward a normal level, monetary policy is "not close" to its pre-crisis position and getting there will be a challenge, Federal Reserve Bank of St. Louis President James Bullard said Monday.

Jun. 9, 2014 Northeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Connecticut Aa3/AA/AA 0.18 1.44 2.57 3.65 Delaware Aaa/AAA/AAA 0.12 1.22 2.26 3.35 Maine Aa2/AA/AA 0.15 1.34 2.47 3.56 Maryland Aaa/AAA/AAA 0.14 1.23 2.27 3.36 Massachusetts Aa1/AA+/AA+ 0.15 1.31 2.43 3.57 New Hampshire Aa1/AA/AA+ 0.14 1.28 2.37 3.46 New Jersey Aa3/AA+/AA+ 0.24 1.51 2.63 3.73 New York Aa2/AA/AA 0.14 1.28 2.34 3.52 Pennsylvania Aa2/AA/AA 0.15 1.38 2.53 3.62 Rhode Island Aa2/AA/AA 0.18 1.44 2.6 3.74 Vermont Aaa/AA+/AAA 0.14 1.28 2.33 3.41 Dist. of Columbia Aa2/A+/AA+ 0.16 1.36 2.5 3.63 Puerto Rico Baa3/BB+/BBB- 7.74 8.43 8.72 7.91

6/6/2014 5/30/2014 State # Iss Amount ($000s) # Iss Amount ($000s) Chg in Amt ($000s) Connecticut 4 $227,830 2 $18,505 $209,325 Delaware 0 0 0 0 0 Maine 3 18,286 0 0 18,286 Maryland 1 100,000 3 174,315 -74,315 Massachusetts 10 229,601 14 207,312 22,289 New Hampshire 4 110,693 1 3,318 107,375 New Jersey 19 275,979 11 112,608 163,371 New York 20 2,246,073 34 1,746,337 499,736 Pennsylvania 6 95,675 7 98,505 -2,830 Rhode Island 0 0 0 0 0 Vermont 0 0 0 0 0 District of Columbia 0 0 0 0 0 Puerto Rico 0 0 0 0 0

Monday, June 9 Issuer St Description Amount

Monday, June 9 Issuer St Description Amount

Week Of June 9 Issuer St Description Amount