News and Information from Bond Buyer

San Francisco's financial position has improved since the publication of its five-year plan in December, though pension funding issues lurk in the background.

St. Louis is seeking federal approval to explore a privatization of St. Louis Lambert International Airport as a means to generate private investment in the air field and funds for city use.

Illinois Gov. Bruce Rauner pressed reluctant Democrats to get behind state pension legislation that would provide Chicago Public Schools with $215 million in one-time aid to avert an early end to the school year.

Demand is still running rampant in the municipal bond primary market, while the pipeline of new supply remains crimped.

Airport executives tell Senate panel that raising the passenger facility charge would help fund needed improvements.

New Jersey lawmakers approved legislation to spin off management of the Police and Firemen’s Retirement System from the state’s struggling $71 billion pension fund.

The specter of massive cuts in federal domestic aid could force New York City officials to think outside the box about how save programs now financed by the feds.

Top-shelf municipal bonds were unchanged at mid-session, traders said, as they prepare for next week's chunky new issue calendar.

President Trump's healthcare bill would blow a hole in Rhode Island's budget and leave many state residents uninsured, said Gov. Gina Raimondo.

Municipal bond traders on Friday are looking ahead to next week's chunky new issue calendar after seeing a more manageable slate this week while they eye declining yields.

While the Federal Reserve waits to see how fiscal policy will change, the fed funds rate target can stay low because real GDP growth and the real interest rate remain subdued, Federal Reserve Bank of St. Louis President James Bullard said Friday.

Pennsylvania Auditor General Eugene DePasquale tells how marijuana taxation and regulation could help the commonwealth shore up its budget. He also discusses audits by his office, unfunded pension liability and the effect of a Donald Trump presidency. Hosted by Paul Burton.

Indicator Last Report Forecast Actual Initial Claims 3/11: 241,000 3/18: 240,000 3/18: 258,000 Continuing Claims 3/4: 2.030M 3/11: n/a 3/11: 2.000M New Home Sales Jan.: 555,000 Feb.: 568,000 Feb.: 592,000

Mar. 24, 2017 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aa2/AA+/AA+ 0.96 1.92 2.75 3.6 California Aa3/AA-/AA- 0.87 1.75 2.61 3.38 Hawaii Aa1/AA+/AA 0.87 1.71 2.48 3.3 Idaho Aa1/AA+/AA+ 0.86 1.71 2.48 3.29 Montana Aa1/AA/AA+ 0.86 1.7 2.49 3.31 Nevada Aa2/AA/AA+ 0.89 1.74 2.5 3.34 Oregon Aa1/AA+/AA+ 0.88 1.66 2.39 3.22 Washington Aa1/AA+/AA+ 0.88 1.72 2.52 3.37 Wyoming NR/AAA/NR 0.86 1.67 2.4 3.2

3/23/2017 3/16/2017 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 0 $0 $0 California 24 641,950 27 997,685 -355,735 Hawaii 0 0 0 0 0 Idaho 0 0 0 0 0 Montana 0 0 0 0 0 Nevada 1 71,850 2 97,980 -26,130 Oregon 0 0 5 323,790 -323,790 Washington 2 317,525 3 433,505 -115,980 Wyoming 1 90,000 1 90,000 0

Tuesday, March 28 Issuer St Description Amount

Friday, March 24 Issuer St Description Amount

Week Of March 27 Issuer St Description Amount

ARIZONA

CALIFORNIA