News and Information from Bond Buyer

Indicator Last Report Forecast Actual Industrial Production Aug.: +0.4% Sept.: +0.4% Sept.: +0.6% Capacity Utilization Aug: 77.9 Sept.: 78.0 Sept.: 78.3 Pending Home Sales Aug.: -1.6% Sept.: -0.1% Sept.: -5.6%

Tuesday, October 29 Issuer St Description Amount

Tuesday, October 29 Issuer St Description Amount

Week Of October 28 Issuer St Description Amount

Week Of October 28 Issuer St Description Amount

IOWA

ALABAMA

Oct. 29, 2013 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.28 1.38 2.81 4.39 Arkansas Aa1/AA/NR 0.2 1.21 2.61 4.21 Colorado Aa1/AA/NR 0.2 1.27 2.71 4.32 Kansas Aa1/AA+/NR 0.19 1.23 2.67 4.3 New Mexico Aaa/AA+/NR 0.18 1.18 2.61 4.21 Oklahoma Aa2/AA+/AA+ 0.2 1.28 2.71 4.31 Texas Aaa/AAA/AAA 0.19 1.14 2.5 4.13 Utah Aaa/AAA/AAA 0.18 1.13 2.49 4.07

10/28/2013 10/21/2013 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 4 $164,875 5 $211,380 -$46,505 Arkansas 10 247,240 7 89,390 157,850 Colorado 1 300,000 1 243,445 56,555 Kansas 8 83,655 9 34,480 49,175 New Mexico 0 0 4 37,720 -37,720 Oklahoma 3 10,340 2 6,010 4,330 Texas 40 778,691 40 810,226 -31,535 Utah 2 50,175 1 25,000 25,175

In historic testimony in Detroit's bankruptcy case, Michigan Gov. Rick Snyder said the state did not offer any aid to the ailing city to avoid pension cuts.

Government

Attorneys representing Victorville, Calif. and its officials argued in court that SEC fraud charges in connection with a 2008 bond offering should be dismissed.

The Municipal Securities Rulemaking Board is prioritizing a best execution rule for the municipal market, and also decided rules governing municipal advisors, beginning with a fiduciary duty rule.

A federal permit improperly allows the Alabama Department of Transportation to begin work on the $5.4 billion “Northern Beltline” project, according to a federal lawsuit.

The tax-exempt market extended gains into a fifth consecutive session Monday, led by strong trading activity in lower-rated credits like California general obligation bonds and tobacco debt.

A Chicago fiscal watchdog group warned that Cook County's growing pension obligations and budget deficits could pose “enormous” fiscal problems in the future.

More than three-quarters of U.S. public finance rating changes made by Moody’s Investors Service in the third quarter of 2013 were downgrades, reflecting concentrated credit pressures in some areas of the country even as economic recovery is seen on a larger scale.

Connecticut will receive an additional $65 million from HUD to bolster its Hurricane Sandy recovery efforts, according to Gov. Dannel Malloy.

Standard & Poor's Ratings Services said it has raised its underlying rating on, Little Miami Local School District, Ohio's outstanding general obligation debt to A from BBB-plus.