News and Information from Bond Buyer

Week Of February 6 Issuer St Description Amount

CALIFORNIA

ALABAMA

Feb. 9, 2017 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.91 1.59 2.4 3.18 Florida Aa1/AAA/AAA 0.9 1.61 2.38 3.21 Georgia Aaa/AAA/AAA 0.89 1.54 2.28 3.06 Kentucky Aa2/A+/AA- 0.94 1.7 2.5 3.3 Louisiana Aa3/AA/AA 1.02 1.92 2.78 3.61 Mississippi Aa2/AA/AA 0.91 1.64 2.47 3.31 North Carolina Aaa/AAA/AAA 0.89 1.54 2.27 3.05 South Carolina Aaa/AA+/AAA 0.89 1.55 2.3 3.07 Tennessee Aaa/AAA/AAA 0.89 1.54 2.28 3.06 Virginia Aaa/AAA/AAA 0.88 1.53 2.26 3.04 West Virginia Aa1/AA-/AA 0.92 1.64 2.47 3.26

2/8/2017 2/1/2017 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 6 $97,035 3 $60,000 37,035 Florida 6 385,650 6 343,280 42,370 Georgia 1 33,860 4 244,645 -210,785 Kentucky 2 56,260 4 74,800 -18,540 Louisiana 2 57,235 1 42,235 15,000 Mississippi 4 256,630 3 241,630 15,000 North Carolina 2 113,860 2 55,960 57,900 South Carolina 2 54,825 1 17,620 37,205 Tennessee 1 9,995 0 0 9,995 Virginia 4 426,095 2 268,465 157,630 West Virginia 0 0 0 0 0

The Illinois Senate passed along party lines three of the 11 bills that make up a proposed “Grand Bargain” budget fix before a fourth on pension reforms failed as a rift over the timing of the votes prompted Republicans to yank their support.

Government

House and Senate members have reintroduced companion bills that would allow state and local governments to issue up to $5 billion of private activity bonds to finance the repair or construction of schools and other public buildings under public-private partnership arrangements.

Michigan Gov. Rick Snyder presented a fiscal 2018 budget plan to tackle the state’s unfunded retiree obligations and bolster education funding while maintaining growth in the rainy day fund.

The Puerto Rico Oversight Board fired off two letters this month defending its authority over the local legislature as its effort to oversee the economy and address the debt crisis ran into resistance from island lawmakers.

The House Financial Services Committee intends to review municipal bond regulators and other aspects of the capital markets with an eye toward rolling back certain programs, according to an oversight plan from the committee.

Market participants and others signed up for email alerts from the Municipal Securities Rulemaking Board’s EMMA website can now specify the types of continuing disclosure filings they would like to be notified of related to the securities they choose to follow.

Top-quality municipal bonds finished stronger on Wednesday, according to traders, as another big wave of issuance sweep over the market.

The growth in New York City's economy slowed to 1.8% in the fourth quarter of 2016, down from the 2.8% pace seen in the third quarter, according to a report released Wednesday by city comptroller Scott Stringer.

Tax-exempt municipal bonds are critical to any infrastructure plan, a county official representing the National Association of Counties said at a hearing held by a Senate committee on Wednesday.

The owner of the former Trump Taj Mahal casino in Atlantic City is looking to sell the shuttered facility in response to a failed attempt by New Jersey lawmakers to strip him of his casino license.

Downgrades have outpaced upgrades for California school districts that saw ratings changes under Fitch Ratings' revised criteria.

Long-term municipal bond issuance is expected to fall to $417.5 billion this year from $423.8 billion last year, according to a survey released by the Securities Industry and Financial Markets Association on Wednesday.

Connecticut Gov. Dannel Malloy’s $40.6 billion biennial budget measures aim to closing a $1.7 billion annual deficit. He also wants to tax hospital properties for the first time.

Chicago-based Mesirow Financial Inc. is tapping its capital markets division president Dominick Mondi to serve as company president.