News and Information from Bond Buyer

Week Of June 9 Issuer St Description Amount

Day Indicator Last Report Forecast Tuesday Wholesale Inventories March: +1.1% April: +0.5% Tuesday Wholesale Sales March: +1.4% April: +0.8% Wednesday Treasury Budget April: +$106.9B May: n/a Thursday Import Prices April: -0.4% May: +0.2% Thursday Initial Claims 5/31: 312,000 6/7: 310,000 Thursday Continuing Claims 5/24: 2.603M 5/31: 2.595M Thursday Retail Sales April: +0.1% May: +0.6% Thursday ex-Autos April: unch May: +0.4% Thursday Business Inventories March: +0.4% April: +0.4% Friday PPI April: +0.6% May: +0.1% Friday PPI Core April: +0.5% May: +0.1% Friday U. of Mich. Sentiment May: 81.9 June: 83.0 Friday U. of Mich. Current May: 94.5 June: 95.7 Friday U. of Mich. Expectations May: 73.7 June: 74.6

MASSACHUSETTS

ALABAMA

Monday, June 9 Issuer St Description Amount

Day Indicator Last Report Forecast Tuesday Wholesale Inventories March: +1.1% April: +0.5% Tuesday Wholesale Sales March: +1.4% April: +0.8% Wednesday Treasury Budget April: +$106.9B May: n/a Thursday Import Prices April: -0.4% May: +0.2% Thursday Initial Claims 5/31: 312,000 6/7: 310,000 Thursday Continuing Claims 5/24: 2.603M 5/31: 2.595M Thursday Retail Sales April: +0.1% May: +0.6% Thursday ex-Autos April: unch May: +0.4% Thursday Business Inventories March: +0.4% April: +0.4% Friday PPI April: +0.6% May: +0.1% Friday PPI Core April: +0.5% May: +0.1% Friday U. of Mich. Sentiment May: 81.9 June: 83.0 Friday U. of Mich. Current May: 94.5 June: 95.7 Friday U. of Mich. Expectations May: 73.7 June: 74.6

MASSACHUSETTS

Week Of June 9 Issuer St Description Amount

Government

ALABAMA

Monday, June 9 Issuer St Description Amount

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

Week Of June 9 Issuer St Description Amount

A $1.7 billion Los Angeles Unified School District general obligation refunding planned for this week will help boost volume to the highest in three months, and help satisfy pent-up demand among eager, cash-flush investors, according to municipal traders.

Missouri Gov. Jay Nixon announced his opposition to a ballot measure asking voters to approve a three-fourth cent sale tax hike to fund transportation projects.

Moody's Investors Service has downgraded Illinois-based Presence Health's rating one level to Baa2 due to ongoing operating pressures.

Scheduled volume is projected to jump to $8.67 billion in the coming week, a level that may not be sustainable beyond the end of the month, municipal market participants said.

Seasonal borrowing for fiscal 2015 will not be necessary, thereby saving New York City $75 million in debt- service costs, Comptroller Scott Stringer said.

Arkansas is on track to fully fund its fiscal year 2014 budget that ends this month, despite a 5.6% drop in May revenues, officials said.