News and Information from Bond Buyer

After 44 months of growing sales tax revenues, Texas recorded a record $2.4 billion in November amid booming oil and gas production.

Ken Bentsen was appointed president and chief executive officer of the Securities Industry and Financial Markets Association on Thursday, replacing former Sen. Judd Gregg, who stepped down to become a senior advisor to the group.

The municipal market appeared flat to slightly weaker through midday Thursday as more heavy deals priced in the primary market.

Standard & Poor's hit the Detroit suburb of Lincoln Park, Mich. with a seven-notch superdowngrade, citing the city's unwillingness to honor lease payments to a private company.

Gonzaga University is planning to sell $53 million of revenue bonds to fund construction costs for a new building to replace its antiquated student center.

The Treasury Department Thursday auctioned $13 billion of 30-year bonds with a 3 3/4% coupon at a 3.900% high yield, a price of 97.359944.

About to leave an office stripped of power, Detroit Mayor Dave Bing said he restored integrity to the tarnished post and helped establish a stronger foundation for the city.

Tax-exempt money market funds generated inflows for a second week in a row as $2.29 billion of new cash boosted total net assets to $265.75 billion in the period ending Dec. 9, according to The Money Fund Report, a service of iMoneyNet.com.

The municipal market woke up Thursday with a large portion of the week's new issue supply set to arrive and a report by Moody's Investors Service that placed on watch for downgrade most of Puerto Rico's debt.

New York-based attorney Kent Rowey, who advises on public-private partnerships said bond deals in Allentown and Harrisburg, Pa., "disappointed" him as P3 projects.

Bond insurer Syncora has asked to delay a key hearing on Detroit's proposed interest-rate swap settlement and debtor-in-possession financing.

The U.S. retail sales and unemployment claims data show an economy moving ahead at a fair clip but probably should be

Initial claims for U.S. state unemployment rose much higher than forecast in the December 7 week, jumping 68,000 to 368,000, the Labor Department reported Thursday.

Dec. 12, 2013 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.19 1.27 2.92 4.36 Florida Aa1/AAA/AAA 0.18 1.27 2.9 4.35 Georgia Aaa/AAA/AAA 0.17 1.18 2.72 4.16 Kentucky Aa2/AA+/AA 0.19 1.29 2.95 4.41 Louisiana Aa2/AA/AA 0.19 1.29 2.93 4.39 Mississippi Aa2/AA/AA+ 0.2 1.29 2.95 4.37 North Carolina Aaa/AAA/AAA 0.17 1.18 2.72 4.16 South Carolina Aaa/AA+/AAA 0.17 1.2 2.75 4.18 Tennessee Aaa/AA+/AAA 0.17 1.18 2.77 4.21 Virginia Aaa/AAA/AAA 0.15 1.18 2.72 4.16 West Virginia Aa1/AA/AA 0.2 1.29 2.96 4.42

12/11/2013 12/4/2013 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 2 $19,170 0 $0 $19,170 Florida 9 719,680 8 562,940 156,740 Georgia 8 252,640 6 167,850 84,790 Kentucky 6 755,032 4 31,490 723,542 Louisiana 4 167,005 3 74,920 92,085 Mississippi 1 14,105 0 0 14,105 North Carolina 0 0 1 10,000 -10,000 South Carolina 1 10,530 2 87,245 -76,715 Tennessee 6 96,380 4 31,125 65,255 Virginia 0 0 2 117,197 -117,197 West Virginia 0 0 0 0 0

Thursday, December 12 Issuer St Description Amount

Thursday, December 12 Issuer St Description Amount

Indicator Last Report Forecast Actual Treasury Budget Oct.: -$91.6B Nov.: -$150.0B Nov.: -$135.2B

Week Of December 9 Issuer St Description Amount

Week Of December 9 Issuer St Description Amount