News and Information from Bond Buyer

Newly issued Treasury securities held in stripped form increased about $1.188 billion in November to a total of $203.701 billion, the Bureau of the Public Debt reported Thursday.

The Nashville Sports Authority sells $65 million in bonds to build a new ballpark for the Sounds, a minor league baseball affiliate of the Milwaukee Brewers.

The Internal Revenue Service is auditing $23.83 million of Series 2007 variable rate demand bonds issued by the Colorado Health Facilities Authority.

Standard & Poor's Ratings Services said it raised its long-term rating and school issuer credit rating on Exeter Township School District, Pa.'s general obligation bonds to AA from AA-minus.

Bank of America Corp. has agreed to settle a federal lawsuit accusing it of rigging bids for municipal bonds, according to a published report.

The University of Colorado Board of Regents on Wednesday unanimously approved $140 million to remodel athletic facilities.

A somewhat weaker tone pervades the municipal market Thursday as the remainder of the week's issuance arrives.

New York City could save $535 million in fiscal 2015 by requiring city employees and retirees to contribute to health insurance costs, a watchdog agency said, The Bond Buyer reported. The city could save a further $316 million by pegging health insurance reimbursement to the lowest-cost carrier, the Independent Budget Office also said in a 98-page report issued Thursday morning.

An internet road show next week will precede pricing for Harrisburg, Pa., parking-lease bonds, say bankers behind a deal pivotal to the city's recovery plan.

Municipal market participants face a full day of deals, but stronger than anticipated economic news and weaker Treasuries have led to light activity in the secondary market to start the day.

The Treasury Department said Thursday it will auction $32 billion 91-day bills and $28 billion 182-day discount bills Monday.

The Treasury Department said it will auction $30 billion three-year notes on Dec 10.

The Treasury Department said it will auction $25 billion year bills on Dec. 10.

The Treasury Department said it will auction $13 billion 29-year, 11-month 3¾% bonds on Dec. 12.

The Treasury Department said it will auction $21 billion 9-year, 11-month 2¾% notes on Dec. 11.

Atlanta Federal Reserve Bank President Dennis Lockhart Thursday said the Fed should be confident that the economic recovery is progressing along the right path before dialing back its aggressive near term support for the economy.

The Hawaii Department of Transportation Airports Division will use a financing structure uncommon for airports to pay for $150 million in energy conservation projects.

Tax exempt money market funds lured $725.2 million in the week ended Dec. 2, according to The Money Fund Report, a service of iMoneyNet.com.

The value of new factory orders fell 0.9% in October, a slightly smaller drop that the 1.0% decline expected in an MNI survey due to an upward revision to durable goods orders, data released by the Commerce Department Thursday morning showed.

The Senate Finance Committee's top Republican said Wednesday that the bankruptcy judge's ruling Tuesday that Detroit's public pension funds could be subject to cuts is a wakeup call for Congress to consider his pension bill.