Fitch Revised AA-plus Washington's Outlook to Negative
By Keeley Webster | Jan 27Fitch Ratings Friday revised its outlook to negative from stable on Washington, while affirming the state's AA-plus general obligation bond rating.
Highway Bill at a Crossroads
By Kyle Glazier | Jan 27A day after Transportation Secretary Ray LaHood stunned the transportation community by saying it is "highly unlikely" Congress will pass a long-term reauthorization bill to fund highway and transit programs this year, lawmakers and industry lobbyists vowed to keep pushing for such legislation despite considerable obstacles. [FREE]
Trend in the Region
Airports Fight It Out in Los Angeles
By Keeley Webster | Jan 27The tug of war between Los Angeles World Airports and Ontario city officials over control of LA/Ontario International Airport has picked up steam, but the issue appears unlikely to be resolved any time soon. [FREE]
JPMorgan, Astros Owner Embroiled in JeffCo Case
By Shelly Sigo | Jan 27JPMorgan and Houston Astros owner James Crane are fighting an Alabama bankruptcy judge's order to open Crane's confidential settlement with the bank over $35 million of Jefferson County's defaulted auction-rate sewer warrants.
Other Headlines
Market News
Regional News
- Oklahoma Leaders Push Agencies for Upgrades
- Rhode Island RFP Gets 12 Proposals for Pension Plan
- Embattled Gov. Walker Touts Fiscal Gains in Wisconsin
- New York State Plans to Lighten Local Medicaid Burden
- Chicago Archdiocese Gets A1 Rating For $151M Privately Placed Notes
Washington
Investors & Investing
This Week's Top 5 Issues
| Amount | Issuer | St | Description | Sale Date |
Sale Time |
|---|---|---|---|---|---|
| $699,075 | WA | 01/31/12 | 10:30am ET | ||
| $500,000 | PR | 01/30/12 | 9am ET | ||
| $260,140 | WA | 01/31/12 | 11:30am ET | ||
| $234,535 | NE | 01/30/12 | 9am ET | ||
| $200,000 | TX | 02/02/12 | 9am ET |
Weekly Indexes
| Current | Previous | High* | Low* | |
| Rev. Bond | 4.71% | 4.77% | 4.93% | 4.71% |
|---|---|---|---|---|
| 20-Bond | 3.68% | 3.60% | 3.83% | 3.60% |
| 11-Bond | 3.42% | 3.34% | 3.57% | 3.34% |
| 1-Yr. Note | 0.24% | 0.25% | 0.28% | 0.24% |
*(calendar year)
Today's Top Competitive Issues
| Amount | Issuer | St | Description | Sale Date |
Sale Time |
|---|---|---|---|---|---|
| $18,810 | KY | 01/27/12 | 1pm ET | ||
| $2,510 | KY | 01/27/12 | 11am ET |
Insurer Ratings at a Glance
As of Dec. 20, 2011
