News and Information from Bond Buyer

Moody's Investors Service said it has downgraded the rating on the village of Matteson, Ill.'s outstanding general obligation debt to B1 from Ba1.

Indicator Last Report Forecast Actual CPI Oct.: -0.1% Nov.: +0.1% Nov.: unch CPI Core Oct.: +0.1% Nov.: +0.1% Nov.: +0.2% Current Account Q3: -$96.6B Q3: -$100.3B Q3: -$98.4B NAHB Housing Mkt Index Nov.: 54 Dec.: 55 Dec.: 58

Dec. 18, 2013 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois A3/A+/A+ 0.57 2.43 4.29 5.34 Indiana Aaa/AAA/AA+ 0.2 1.32 2.88 4.32 Iowa Aaa/AAA/AAA 0.17 1.25 2.82 4.26 Michigan Aa2/AA/AA 0.24 1.41 3.08 4.52 Minnesota Aa1/AA+/AA+ 0.17 1.22 2.77 4.2 Missouri Aaa/AAA/AAA 0.17 1.19 2.71 4.15 Nebraska NR/AAA/AA+ 0.19 1.31 2.91 4.34 North Dakota Aa1/AA+/NR 0.19 1.28 2.85 4.31 Ohio Aa1/AA+/AA+ 0.19 1.28 2.94 4.38 South Dakota NR/AA+/NR 0.2 1.35 2.96 4.41 Wisconsin Aa2/AA/AA 0.19 1.29 2.92 4.38

12/17/2013 12/10/2013 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 6 $78,999 20 $507,641 -$428,642 Indiana 7 87,290 9 87,020 270 Iowa 1 71,795 1 71,795 0 Michigan 2 66,460 6 95,555 -29,095 Minnesota 18 296,310 14 52,970 243,340 Missouri 1 20,700 0 0 20,700 Nebraska 0 0 0 0 0 North Dakota 0 0 0 0 0 Ohio 6 181,130 8 50,445 130,685 South Dakota 0 0 0 0 0 Wisconsin 7 57,045 13 95,410 -38,365

Wednesday, December 18 Issuer St Description Amount

Wednesday, December 18 Issuer St Description Amount

Week Of December 16 Issuer St Description Amount

Week Of December 16 Issuer St Description Amount

FLORIDA

ILLINOIS

The Securities and Exchange Commission said Tuesday that it has "increased its attention to securities violations by municipalities and other participants in the market for securities of cities and other governmental issuers," but did not give any statistics.

New issue municipal deals were well-received Tuesday even with the market was under pressure from sell-offs and the looming threat of a change in Federal Reserve's economic stimulus policy.

Government

Moody's Investors Service lowered the outlook on its Baa1 rating for Galveston Wharves to negative, citing reduced cargo and passenger volumes.

Puerto Rico Gov. Alejandro García Padilla is considering calling an extraordinary session of the Puerto Rico legislature to reform the commonwealth's teacher pension system.

A five-day trial began Tuesday in one of two lawsuits filed by the San Diego County Water Authority two years ago challenging rates set by its wholesale water provider.

The Oklahoma Supreme Court overturned state legislation that cut the state's personal income tax and provided $120 million for repairs to the Capitol.

Hawaii's Gov. Neil Abercrombie presented a supplemental budget for fiscal biennium 2013-15 Monday that will limit expenditures and use the $844 million budget surplus from fiscal 2012-13 to bolster reserves while using cash instead of bonds for some projects.

Detroit had to pursue a settlement with the interest-rate swap counterparties on its pension certificates or risk the "cataclysmic" loss of access to casino revenues, the city's investment banker told the bankruptcy court Tuesday.

Laredo Independent School District will refund lease-revenue bonds with long-term debt that does not carry the state's Permanent School Fund guarantee.