News and Information from Bond Buyer

New York City Independent Budget Office is asking the city to consider using everything from green taxis to red lights to deal with future budget shortfalls.

California lawmakers are working quickly to get a comprehensive transportation funding bill ready to go within a month.

S&P Global Ratings said it raised its rating on various New Jersey Economic Development Authority's school facilities construction bonds six notches to AA-plus from BBB-plus.

Top-quality municipal bonds were mixed at mid-session, according to traders, who were seeing the last of the week's big issues hit the market as large deals from the New York Metropolitan Transportation Authority and the Los Angeles Department of Water and Power were priced on Thursday.

The proposal doesn’t provide interpretive guidance many hoped for following the Municipalities Continuing Disclosure Cooperation initiative.

Rob Amodeo, head of municipals at Western Asset, an affiliate of Legg Mason Global Asset Management, talks with The Bond Buyer's Chip Barnett about what's in store for the municipal bond market in 2017. He talks about infrastructure – and discusses both financing and funding for new projects. He explains that infrastructure is mostly a local issue, with projects dependent upon state and local economies. And he looks at what effect a Trump Administration and tax reform proposals could have on the muni market.

The Treasury Department said it will auction $35 billion 35-day cash management bills on March 14.

The Treasury Department said it may announce, auction, and issue a 7-day cash management bill on Wednesday, March 15.

The Treasury Department said Thursday it will auction $36 billion 91-day bills and $30 billion 182-day discount bills Monday.

The U.S. Department of the Treasury's Bureau of the Fiscal Service announced the suspension of sales of State and Local Government Series (SLGS) nonmarketable Treasury securities, effective 12:00 noon Eastern Time (ET), March 15, 2017, until further notice.

Municipal bond traders are set to see the last of the week's big issues hit the market as large deals from the New York Metropolitan Transportation Authority and the Los Angeles Department of Water and Power are on tap for Thursday.

Central Falls, R.I., nearly five years after filing for Chapter 9 bankruptcy, has an investment-grade bond rating again.

Indicator Last Report Forecast Actual Import Prices Jan.: +0.6% Feb.: +0.1% Feb.: +0.2% Export Prices Jan.: +0.2% Feb.: +0.2% Feb.: +0.3% Initial Claims 2/25: 223,000 3/4: 235,500 3/4: 243,000 Continuing Claims 2/18: 2.064M 2/25: 2.060M 2/25: 2.058M

The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.

There were 36,957 layoff intentions announced in February, down from 45,934 in January and 40% below the 61,599 level in February 2016, job placement firm Challenger, Gray and Christmas, Inc. said in a report released Thursday.

3/8/2017 3/1/2017 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 4 $146,500 4 $61,855 84,645 Florida 4 78,915 4 78,915 0 Georgia 6 1,236,860 5 1,186,080 50,780 Kentucky 3 86,215 3 68,925 17,290 Louisiana 1 42,070 2 52,235 -10,165 Mississippi 2 248,630 3 282,575 -33,945 North Carolina 1 44,000 2 146,295 -102,295 South Carolina 4 52,645 3 38,145 14,500 Tennessee 4 55,000 4 186,745 -131,745 Virginia 0 0 1 26,515 -26,515 West Virginia 3 224,500 2 40,500 184,000

Thursday, March 9 Issuer St Description Amount

Thursday, March 9 Issuer St Description Amount

Day to Day Issuer St Description Amount

Week Of March 6 Issuer St Description Amount