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Assured Guaranty, led by CEO Dominic Frederico, is among Puerto Rico creditors who say the plan illegally pays other expenditures before debt.
Holders and insurers of $11.9 billion of bonds sent a letter to the Puerto Rico Oversight Board arguing that its fiscal plan breaks the law by ignoring creditor rights.
Investors with holdings in municipal conduit bonds that have been the subject of recent SEC enforcement actions over fraudulent commingling of assets are suing Bank of Oklahoma Financial, which served as the trustee for many of the faulty offerings.  more »
Flint, Mich. will receive nearly $100 million in state and federal funds to replace thousands of water service lines under a settlement approved by a federal judge Tuesday.  more »
Kansas City, Missouri’s $800 million request is the biggest bond measure on April 4 ballots in Midwestern states, where voters will decide the fate of more than $2 billion of municipal borrowing requests.  more »
Amount
Issuer
St
Description
Sale Date
Sale Time
$750,000
Connecticut
CT
GOs
03/28/17
9am ET
$640,685
San Jose
CA
Revenue bonds
03/28/17
9am ET
$618,805
Golden State Tobacco
CA
Asset-backed bonds
03/30/17
9am ET
$525,000
New Jersey Tpke
NJ
Revenue bonds
03/29/17
9am ET
$187,525
Puyallup SD 3
WA
GOs
03/28/17
11:30am ET
Index
Current
Previous
High
Low
Rev. Bond
4.08%
4.17%
5.40%
2.98%
20-Bond
3.91%
4.02%
5.03%
2.80%
11-Bond
3.42%
3.53%
4.75%
2.39%
 
Current
Previous
High*
Low*
BB40 Index
124-08
123-31
136-01
107-01
Average Price
102.49
102.27
114.72
84.90
Yield to Par Call
3.99
4.03
6.35
2.52
Yield to Maturity
4.21
4.22
5.34
3.71

(* for calendar year)

Amount
Issuer
St
Description
Sale Date
Sale Time
$173,135
Anne Arundel Co.
MD
GOs
03/29/17
10:30am ET
$64,610
Anne Arundel Co.
MD
GOs
03/29/17
11am ET
$35,000
Brazosport ISD
TX
GOs
03/29/17
11am ET
$24,700
Cobb County
GA
GOs
03/29/17
10:30am ET
$22,065
Rochester
NH
GOs
03/29/17
11am ET


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