News and Information from Bond Buyer

Connecticut Gov. Dannel Malloy called for universal pre-kindergarten and other educational initiatives in his budget speech, as well as rainy-day and pension-fund payments

The Puerto Rico government may emphasize cutting spending in its effort to balance its budget, said its budget director Carlos Rivas.

Many California lawmakers agree that the drought-stricken state needs a new water bond measure, but have different ideas regarding the funding amount and allocations.

Tax-exempt money market funds pared back outflows compared to last week, but still lost $426.6 million, reducing total net assets to $268.87 billion in the week ended Feb. 3, according to The Money Fund Report, a service of iMoneyNet.com.

Municipal bond buyers on Thursday turned their attention to $1 billion of Illinois general obligation bonds as trading activity on the week remained muted.

The Treasury Department said it will auction $50 billion 72-day cash management bills on Monday, Feb. 10.

The Treasury Department said Thursday it will auction $42 billion 91-day bills and $42 billion 182-day discount bills Monday.

December trade balance was reported at a $38.7 billion deficit, worse than expected and worse than the Commerce Department assumed in the Q4 GDP report.

Non-farm productivity rose 3.2% in the fourth quarter, according to the preliminary data released by the Bureau of Labor Statistics Thursday.

Initial jobless claims dropped 20,000 to 334,000 in the week ended February 1, the Labor Department said Thursday.

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

Indicator Last Report Forecast Actual ISM Non Mfg Index Dec.: 53.0 Jan.: 53.8 Jan.: 54.0

Feb. 6, 2014 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.2 1.2 2.72 4.05 Florida Aa1/AAA/AAA 0.2 1.2 2.69 4.04 Georgia Aaa/AAA/AAA 0.18 1.11 2.52 3.85 Kentucky Aa2/AA+/AA 0.2 1.24 2.75 4.1 Louisiana Aa2/AA/AA 0.19 1.22 2.72 4.07 Mississippi Aa2/AA/AA+ 0.21 1.23 2.74 4.03 North Carolina Aaa/AAA/AAA 0.18 1.11 2.52 3.85 South Carolina Aaa/AA+/AAA 0.18 1.13 2.55 3.87 Tennessee Aaa/AA+/AAA 0.18 1.12 2.57 3.9 Virginia Aaa/AAA/AAA 0.16 1.11 2.52 3.85 West Virginia Aa1/AA/AA 0.2 1.24 2.74 4.09

2/5/2014 1/29/2014 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 0 $0 0 $0 $0 Florida 4 287,905 4 287,905 0 Georgia 6 211,445 5 161,100 50,345 Kentucky 4 52,990 2 19,250 33,740 Louisiana 8 569,365 10 602,465 -33,100 Mississippi 1 3,500 1 1,400 2,100 North Carolina 1 19,000 0 0 19,000 South Carolina 4 99,675 1 140,000 -40,325 Tennessee 1 7,000 0 0 7,000 Virginia 2 201,080 2 209,650 -8,570 West Virginia 0 0 0 0 0

Thursday, February 6 Issuer St Description Amount

Thursday, February 6 Issuer St Description Amount

Week Of February 3 Issuer St Description Amount

Week Of February 3 Issuer St Description Amount

INDIANA

CALIFORNIA