News and Information from Bond Buyer

Indicator Last Report Forecast Actual Initial Jobless Claims 12/21: 341,000 12/28: n/a 12/28: 339,000 Continuing Claims 12/14: 2.931M 12/21: n/a 12/21: 2.833M Construction Spending Oct.: +0.9% Nov.: +0.6% Nov.: +1.0% ISM Manufacturing Nov.: 57.3 Dec.: 57.0 Dec.: 57.0

Jan. 3, 2014 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aaa/AAA/AAA 0.17 1.24 2.81 4.21 California A1/A/A+ 0.19 1.44 3.26 4.81 Hawaii Aa2/AA/AA+ 0.17 1.36 2.99 4.41 Idaho Aa1/AA+/NR 0.19 1.37 3.01 4.46 Montana Aa1/AA/AA+ 0.19 1.38 2.99 4.42 Nevada Aa2/AA/AA+ 0.22 1.44 3.11 4.58 Oregon Aa1/AA+/AA+ 0.17 1.3 2.87 4.33 Washington Aa1/AA+/AA+ 0.2 1.36 3 4.47 Wyoming NR/AAA/NR 0.17 1.32 2.87 4.29

1/2/2014 12/26/2013 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 0 $0 $0 California 8 456,975 4 109,835 347,140 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 4 753,655 4 753,655 0 Wyoming 0 0 0 0 0

Tuesday, January 7 Issuer St Description Amount

Monday, January 6 Issuer St Description Amount

Week Of January 6 Issuer St Description Amount

NEW YORK

After years of negotiation and political upheaval over financing a $150 million entertainment center, the city of Irving, Texas, is ready to issue $35 million of revenue bonds for the project.

Outflows from municipal bond mutual funds persisted for a 32nd straight week, at $1.47 billion.

Government

The municipal market inaugurated the new year with a modicum of trading and a slightly stronger tenor to yields.

Louisville, Ky., holds public workshops Jan. 13-17 for its strategic multi-model transportation planning effort known as "Move Louisville."

The Financial Industry Regulatory Authority has identified the suitability of the bonds of distressed municipalities for investors, as well as municipal advisor activity, as areas it will focus on in 2014.

Bond insurer Ambac Assurance Corp. urged the federal judge overseeing the Detroit bankruptcy to reject the city's latest swap-termination deal, saying the terms are too rich in light of legal questions tied to the original financings.

More public transit options do not reduce highway congestion and fewer options do not make it worse, according to an analysis by Reason Foundation.

Gov. Dannel Malloy said initial $2 million funding for the Connecticut Shoreline Resiliency Fund loan program that the state Bond Commission is expected to OK.

Municipal bond yields across the curve are holding their levels in light retail activity as Thursday's session crossed into the afternoon.

Reduced federal funding prompts Kentucky and Ohio to consider using a P3 to build the $3.57 billion Brent Spence Bridge Project between Kentucky and Cincinnati.

The Puerto Rico government plans to sell long-term bonds by the end of February, government officials said Thursday.

Most California school districts appear to be on the road to financial recovery with the help of new state funding amid economic recovery.