News and Information from Bond Buyer

Week Of January 27 Issuer St Description Amount

Week Of January 27 Issuer St Description Amount

Indicator Last Report Forecast Actual New Home Sales Nov.: 445,000 Dec.: 458,000 Dec.: 414,000

Jan. 28, 2014 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.27 1.31 2.79 4.1 Arkansas Aa1/AA/NR 0.17 1.09 2.57 3.88 Colorado Aa1/AA/NR 0.19 1.2 2.69 4.03 Kansas Aa1/AA+/NR 0.17 1.1 2.58 3.92 New Mexico Aaa/AA+/NR 0.17 1.11 2.59 3.92 Oklahoma Aa2/AA+/AA+ 0.19 1.21 2.69 4.02 Texas Aaa/AAA/AAA 0.17 1.08 2.51 3.84 Utah Aaa/AAA/AAA 0.17 1.06 2.47 3.78

1/27/2014 1/20/2014 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 5 $143,090 7 $244,730 -$101,640 Arkansas 2 8,265 2 51,100 -42,835 Colorado 0 0 0 0 0 Kansas 4 32,570 4 34,185 -1,615 New Mexico 0 0 0 0 0 Oklahoma 14 114,825 10 65,265 49,560 Texas 37 1,365,045 30 1,353,623 11,422 Utah 0 0 0 0 0

ILLINOIS

ALABAMA

Chicago's hotel occupancy ticked upward last year providing the city with a record level of nearly $106 million in hotel tax revenues.

Fitch Ratings on Monday upgraded Rush University Medical Center's debt by one notch to A-plus in recognition of its consistently strong profitability.

Fitch Ratings blasted Michigan Governor Rick Snyder's plan to pledge $350 million to Detroit pension debt, warning it could set a troubling precedent by elevating pension claims above bond debt.

Government

Municipal bonds stalled Monday as traders waited to see how primary issuance and a Federal Reserve meeting would affect the market following a weeks-long rally.

The state of California has chosen San Jose and the Santa Clara Unified School District to purchase an 81-acre former mental institution property.

Most of Moody's Investors Service's public finance rating changes in 2013 were downgrades, but the par value of upgrades rose to the highest level since 2010, the rating agency said in a report Monday.

The Securities and Exchange Commission's Michael Piwowar said Monday that he has asked the SEC's Office of Municipal Securities to work with him on proposals to improve the market.

Illinois officials are traveling to share its newly available savings numbers for the state's pension overhaul, and other fiscal news, with investors ahead of $1 billion general obligation sale next week.

New York Mayor Bill de Blasio implored state lawmakers to approve his universal pre-kindergarten proposal through a tax on the city's wealthiest citizens.

Passage of a new federal highway funding bill will require local officials to school Congress, says House Transportation Committee chair Bill Shuster, R-Pa.

Standard & Poor's put Puerto Rico's barely investment grade general obligation rating on rating watch negative late Friday, focusing on what it said was lowered cash reserves at the Government Development Bank.