News and Information from Bond Buyer

Industrial production rose 0.3% in December, while capacity utilization increased to 79.2%, the Federal Reserve reported Friday.

December housing starts posted a 9.8% decline to 999,000 and permits fell 3.0% to 986,000.

Bond insurer Syncora Guarantee Inc. asked the bankruptcy court overseeing Detroit's Chapter 9 case to delay the city's effort to secure a $120 million debtor-in-possession financing, saying the loan may need to be restructured in light of the court's rejection of a related swaps settlement.

Indicator Last Report Forecast Actual CPI Nov.: unch Dec.: +0.3% Dec.: +0.3% CPI Core Nov.: +0.2% Dec.: +0.1% Dec.: +0.1% Initial Claims 1/4: 328,000 1/11: 326,000 1/11: 326,000 Cont. Claims 12/28: 2.856M 1/4: 2.840M 1/4: 3.030M NAHB Housing Index Dec.: 57 Jan.: 58 Jan.: 56 Philly Fed Manufacturing Dec.: 6.4 Jan.: 8.7 Jan.: 9.4

Jan. 17, 2014 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aaa/AAA/AAA 0.17 1.16 2.68 4.01 California A1/A/A+ 0.2 1.37 3.14 4.55 Hawaii Aa2/AA/AA+ 0.17 1.27 2.84 4.21 Idaho Aa1/AA+/NR 0.19 1.29 2.87 4.24 Montana Aa1/AA/AA+ 0.19 1.3 2.86 4.22 Nevada Aa2/AA/AA+ 0.22 1.36 2.98 4.38 Oregon Aa1/AA+/AA+ 0.17 1.21 2.74 4.13 Washington Aa1/AA+/AA+ 0.19 1.29 2.87 4.24 Wyoming NR/AAA/NR 0.17 1.24 2.74 4.09

1/16/2014 1/9/2014 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 0 $0 $0 California 7 496,485 10 709,395 -212,910 Hawaii 0 0 0 0 0 Idaho 1 3,845 1 3,845 0 Montana 0 0 0 0 0 Nevada 0 0 0 0 0 Oregon 0 0 0 0 0 Washington 3 717,100 3 717,255 -155 Wyoming 0 0 0 0 0

Friday, January 17 Issuer St Description Amount

Tuesday, January 21 Issuer St Description Amount

Week Of January 21 Issuer St Description Amount

Friday, January 17 Issuer St Description Amount

CALIFORNIA

ALABAMA

Lawyers for Minnesota and for citizens challenging the legality of the state's $468 million appropriation-backed bond sale for the Vikings football stadium faced a Thursday deadline to make their case for a Minnesota Supreme Court review.

New York Comptroller Thomas DiNapoli has found that 13% of New York school districts are fiscally distressed.

The Bond Buyer's weekly yield indexes plunged in the week ended Jan. 16.

Government

Fast-growing Frisco Independent School District in suburban Dallas may ask voters to approve $758 million of bonds to build new schools.

In another sign of the improving tenor of the municipal bond market, muni mutual funds recorded their first inflows in 34 weeks, Lipper FMI numbers showed.

Bankruptcy Judge Steven Rhodes rejected a $165 million settlement with Detroit's interest-rate swap counterparties, delivering a major blow to the swap counterparties and a victory for the city's bond insurers, retirees, and pension funds.

The market for tax-exempt municipal bonds firmed Thursday as yields followed treasuries after a government report showed low inflation.