News and Information from Bond Buyer

The San Antonio Water System has saved $55 million through bond refunding since October, officials for public utility said.

Saying he is responding to a recent rating downgrade by Moody's Investors Service, West Virginia Gov. Jim Justice is seeking legislation that would allow him to furlough state employees to reduce spending.

Detroit Mayor Mike Duggan announced a plan he says will help the city meet a 2024 balloon payment on its pension obligation.

President Trump is expected to focus on infrastructure in his address to Congress Tuesday amid concern that his $1 trillion 10-year plan may be sidetracked as lawmakers focus on contentious issues like repealing the affordable care act.

Massachusetts local, regional and agency public pension systems should transfer their assets to the state-run PRIM board, said a Pioneer Institute report.

The Securities and Exchange Commission will weigh two amendments to required material event notices under its Rule 15c2-12 during a meeting on March 1 that may include discussion of adding bank loans and private placements to the 14-item event list.

Fitch Ratings boosted San Diego ratings one notch as the city enters budget process.

Howard University and Rhode Island-based vendor Corvias say their 40-year deal to renovate school halls will change the face of public-private partnerships.

Top-quality municipal bonds remained stronger at mid-session, according to traders, ahead of next week's new issue slate.

In a change of course, a Detroit authority will issue new bonds to finance the $34 million cost of adapting the under-construction Little Caesars Arena to house the Detroit Pistons basketball team.

Moody's Investors Service said it has downgraded the city of Wayne, Mich.'s issuer rating to B1 from Ba3 and general obligation limited tax rating to B2 from B1.

The University of Michigan's final February consumer sentiment index reading was 96.3, compared to the preliminary February 95.7 and the final January 98.5, according to market sources.

A judge in Lackawanna County, Pa., cleared distressed city Scranton to triple its local services tax.

Top-quality municipal bonds were stronger in early activity, according to traders, ahead of next week's new issue slate.

Moody's Investors Service said it has upgraded to Aa1 from Aa2 the general obligation rating of the Vermont Municipal Bond Bank's 1988 general resolution debt.

Feb. 24, 2017 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aa2/AA+/AA+ 0.94 1.89 2.82 3.61 California Aa3/AA-/AA- 0.86 1.69 2.67 3.37 Hawaii Aa1/AA+/AA 0.85 1.64 2.55 3.31 Idaho Aa1/AA+/AA+ 0.84 1.65 2.55 3.3 Montana Aa1/AA/AA+ 0.84 1.64 2.56 3.32 Nevada Aa2/AA/AA+ 0.87 1.68 2.59 3.35 Oregon Aa1/AA+/AA+ 0.86 1.58 2.46 3.21 Washington Aa1/AA+/AA+ 0.86 1.64 2.6 3.4 Wyoming NR/AAA/NR 0.84 1.61 2.47 3.21

2/23/2017 2/16/2017 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 0 $0 $0 California 28 1,082,905 21 609,950 472,955 Hawaii 0 0 0 0 0 Idaho 0 0 0 0 0 Montana 0 0 0 0 0 Nevada 1 317,780 0 0 317,780 Oregon 1 46,910 0 0 46,910 Washington 2 258,935 2 258,935 0 Wyoming 1 90,000 0 0 90,000

Tuesday, February 28 Issuer St Description Amount

Monday, February 27 Issuer St Description Amount

Week Of February 27 Issuer St Description Amount