News and Information from Bond Buyer

Jan. 29, 2014 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois A3/A+/A+ 0.57 2.21 3.71 5.02 Indiana Aaa/AAA/AA+ 0.17 1.13 2.61 3.94 Iowa Aaa/AAA/AAA 0.17 1.13 2.59 3.92 Michigan Aa2/AA/AA 0.24 1.29 2.85 4.18 Minnesota Aa1/AA+/AA+ 0.17 1.09 2.54 3.86 Missouri Aaa/AAA/AAA 0.17 1.06 2.47 3.8 Nebraska NR/AAA/AA+ 0.19 1.19 2.68 4 North Dakota Aa1/AA+/NR 0.19 1.16 2.62 3.97 Ohio Aa1/AA+/AA+ 0.19 1.11 2.64 4.01 South Dakota NR/AA+/NR 0.2 1.23 2.73 4.07 Wisconsin Aa2/AA/AA 0.19 1.17 2.68 4.04

1/28/2014 1/21/2014 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 13 $1,778,795 10 $231,405 $1,547,390 Indiana 4 46,615 1 16,000 30,615 Iowa 4 106,425 5 118,975 -12,550 Michigan 4 18,545 11 108,820 -90,275 Minnesota 13 545,125 14 621,445 -76,320 Missouri 2 62,750 2 43,780 18,970 Nebraska 1 8,900 0 0 8,900 North Dakota 0 0 1 1,250 -1,250 Ohio 5 129,944 2 67,765 62,179 South Dakota 0 0 0 0 0 Wisconsin 8 270,855 11 72,640 198,215

Wednesday, January 29 Issuer St Description Amount

Wednesday, January 29 Issuer St Description Amount

Week Of January 27 Issuer St Description Amount

Week Of January 27 Issuer St Description Amount

CALIFORNIA

ARKANSAS

Clay Pell, the grandson of the late U.S. Sen. Claiborne Pell, is the latest Rhode Island gubernatorial candidate in an open-seat race.

A slew of research reports in the last month have touted the opportunities in the tax-exempt asset class, as interest-rates rallied and municipal prices firmed. Analysts credited everything from the return of mutual fund inflows and low volume to U.S. economic concerns and volatility overseas.

After almost a month of rallying, municipal bonds continued to soften Tuesday as investors looked toward a Federal Open Market Committee meeting Wednesday in which the government could announce updates to its tapering program.

Government

New York Gov. Andrew Cuomo is working to expedite New York City airport capital projects.

A plan to fund Detroit's pensions while protecting its art collection received a boost Tuesday when a major foundation pledged $40 million to the effort.

The Securities and Exchange Commission used a combination of its antifraud authority and SEC Rule 15c2-12 in 2013 to raise the bar for issuers' secondary municipal market disclosures.

The Municipal Securities Rulemaking Board filed with the Securities and Exchange Commission a proposal to consolidate its existing rules on pricing and execution, as well as fair dealing guidance, into a single new fair pricing rule.

Standard & Poor's raised its general obligation rating for Springfield, Mass., to AA-minus from A, with a stable outlook.

Former Federal Deposit Insurance Corporation chair Sheila Bair has been named a director at Banco Santander, whose subsidiary is active in Puerto Rico.

Remarketing $700 million of variable-rate debt last year has helped New York's MTA position itself in a volatile market, finance director Patrick McCoy said.

The Alaska Municipal Bond Bank is planning to sell $62 million of taxable and tax-exempt bonds next week to help local governments finance new projects.