News and Information from Bond Buyer

Bond insurer Syncora Guarantee Inc. filed an objection to Detroit's effort to repair its broken down streetlight system with the use of the city's utility tax to back bond payments.

Initial claims for U.S. state unemployment fell 9,000 to 336,000 in the November 2 week, the Department of Labor reported Thursday.

Q3 GDP growth produced a surprisingly strong result, stemming from better consumption and exports, as well as showing an add from inventory building.

The European Central Bank announced its Governing Council cut interest rates 25 basis points on its main refinancing rate at its latest monetary policy meeting Thursday.

Moody's revised its outlook on Penn State to positive from stable, citing the $60 million settlement with sex-abuse victims of ex-assistant football coach Gerry Sandusky.

Thursday, November 7 Issuer St Description Amount

Thursday, November 7 Issuer St Description Amount

Week Of November 4 Issuer St Description Amount

Week Of November 4 Issuer St Description Amount

Nov. 7, 2013 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.2 1.17 2.71 4.31 Florida Aa1/AAA/AAA 0.19 1.14 2.69 4.29 Georgia Aaa/AAA/AAA 0.18 1.08 2.51 4.11 Kentucky Aa2/AA+/AA 0.2 1.19 2.73 4.35 Louisiana Aa2/AA/AA 0.2 1.19 2.74 4.34 Mississippi Aa2/AA/AA+ 0.21 1.19 2.74 4.33 North Carolina Aaa/AAA/AAA 0.18 1.08 2.51 4.11 South Carolina Aaa/AA+/AAA 0.18 1.11 2.54 4.14 Tennessee Aaa/AA+/AAA 0.18 1.1 2.56 4.16 Virginia Aaa/AAA/AAA 0.16 1.08 2.51 4.11 West Virginia Aa1/AA/AA 0.21 1.17 2.75 4.36

11/6/2013 10/30/2013 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 2 $102,080 3 $42,650 $59,430 Florida 5 106,445 6 165,380 -58,935 Georgia 6 382,175 7 389,820 -7,645 Kentucky 6 156,490 7 137,095 19,395 Louisiana 2 72,100 3 42,250 29,850 Mississippi 0 0 1 2,100 -2,100 North Carolina 0 0 1 66,150 -66,150 South Carolina 1 15,995 2 19,200 -3,205 Tennessee 2 151,465 4 111,385 40,080 Virginia 2 26,150 2 44,650 -18,500 West Virginia 1 6,695 1 39,345 -32,650

ALASKA

ALABAMA

In response to a recent commentary on the Securities and Exchange Commission's approval of a final rule defining municipal advisors, SIFMA agrees with Ms. Rodgers Caruso on an important point.

Government

Rep. Randy Hultgren, R-Ill., a member of the U.S. House Financial Services Committee, is “making municipal finance a priority” and is holding a roundtable on municipal finance and the municipal bond market Thursday at the University of Illinois at Chicago, an aide said.

The municipal bond market traded with mostly steady prices on Wednesday after cheap deals offered in the primary earlier in the week were actively traded in the secondary with strong reception.

As Bill de Blasio prepares to become New York City’s first Democratic mayor in 20 years, observers say the capital markets are taking a wait-and-see approach toward a city rife with financial uncertainty, Paul Burton of The Bond Buyer reports.

The Federal government is looking very closely at the financial problems that Puerto Rico is grappling with, but can only offer advice but not money, Treasury Undersecretary for Domestic Finance Mary Miller said at the Bloomberg State & Municipal Finance Conference in New York on Wednesday.