News and Information from Bond Buyer

The Treasury Department said it will raise $6.5 billion in new cash with its November quarterly refunding, selling $63.5 billion: $30 billion 3-year notes on November 12, $24 billion in 10-year notes on November 13 and $16 billion in 30-year bonds on November 14.

As Bill de Blasio prepares to become New York City's next mayor, the first Democrat in two decades, bond markets are taking a wait-and-see approach toward a city rife with fiscal uncertainty.

Wednesday, November 6 Issuer St Description Amount

Wednesday, November 6 Issuer St Description Amount

Week Of November 4 Issuer St Description Amount

Week Of November 4 Issuer St Description Amount

COLORADO

ARKANSAS

Indicator Last Report Forecast Actual ISM Non-Manufacturing Sept.: 54.4 Oct.: 54.0 Oct.: 55.4

Nov. 6, 2013 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois A3/A+/A+ 0.88 2.36 4.19 5.57 Indiana Aaa/AAA/AA+ 0.21 1.2 2.64 4.24 Iowa Aaa/AAA/AAA 0.18 1.13 2.58 4.18 Michigan Aa2/AA/AA 0.28 1.33 2.87 4.47 Minnesota Aa1/AA+/AA+ 0.18 1.09 2.52 4.11 Missouri Aaa/AAA/AAA 0.18 1.07 2.47 4.07 Nebraska NR/AAA/AA+ 0.2 1.19 2.67 4.26 North Dakota Aa1/AA+/NR 0.2 1.16 2.61 4.23 Ohio Aa1/AA+/AA+ 0.2 1.14 2.69 4.3 South Dakota NR/AA+/NR 0.21 1.23 2.72 4.33 Wisconsin Aa2/AA/AA 0.21 1.16 2.7 4.33

11/5/2013 10/29/2013 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 10 $278,042 11 $204,130 $73,912 Indiana 14 77,290 15 168,105 -90,815 Iowa 10 277,245 4 102,185 175,060 Michigan 6 125,040 7 198,045 -73,005 Minnesota 19 158,670 24 106,330 52,340 Missouri 6 142,365 2 25,855 116,510 Nebraska 1 23,000 1 122,535 -99,535 North Dakota 0 0 0 0 0 Ohio 4 67,845 14 366,555 -298,710 South Dakota 2 60,540 0 0 60,540 Wisconsin 13 98,715 13 92,830 5,885

Government

Former Michigan Treasurer Andy Dillon said Tuesday that he became convinced bankruptcy was inevitable for Detroit when he saw the city’s proposal for unsecured creditors.

The municipal bond yield curve steepened Tuesday with longer-dated bonds falling in price as Treasuries weakened and supply edged higher.

Illinois legislative leaders reported "progress" on a fix for the state's underfunded pension system, but not enough to pass legislation this week during the General Assembly's annual veto session.

Dallas is considering a $300 million expansion of its downtown convention center after strong gains in bookings with the addition of a bond-financed hotel.

Leaders of the Senate Environment and Public Works Committee chairman Barbara Boxer, D-Calif., have appointed six senators to join them on the conference committee that will reconcile two versions of water legislation, one of which contains a public-private partnership pilot program.

Richmond Federal Reserve Bank President Jeffrey Lacker said Tuesday he does not expect much of an uptick in growth in 2014, and even without the Fed's easy money policy, growth in 2013 would have been around 2%.

The Rhode Island Economic Development Corp., under fire for its role in the 38 Studios fiasco, chose Salesforce to manage its client relationship management system.