News and Information from Bond Buyer

Top-shelf municipal bonds were mostly unchanged at mid-session, according to traders, who were turning their attention ahead to next week's new issue calendar.

Bud Ovrom, who has held a number of top level Los Angeles city politics positions, is retiring as head of the Los Angeles Convention Center.

Ryan Vollmer, an executive director at Morgan Stanley passed away on Dec. 19, while vacationing in the Caribbean.

The Port Authority of New York and New Jersey approved a preliminary $32 billion 10-year capital plan that advances partial funding for a replacement Manhattan bus terminal.

North Carolina Gov. Roy Cooper took office Jan. 1 amid political turmoil that prompted him to file a lawsuit challenging a recently passed law restricting his election board appointments.

The University of Connecticut intends to sell $335 million in GO bonds to fund capital projects that include relocating its Greater Hartford campus.

U.S. inflationary pressures were down slightly in December, as the U.S. future inflation gauge declined to 113.0 from a downwardly revised 113.6 reading in November, first reported as 113.8, according to data released Friday morning by the Economic Cycle Research Institute.

Municipal bond traders were turning their attention ahead to next week's more normal slate of supply after a mixed jobs report failed to move the markets much.

Jan. 6, 2017 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aa2/AA+/AA+ 1.12 2.12 2.77 3.58 California Aa3/AA-/AA- 1 1.9 2.53 3.29 Hawaii Aa1/AA+/AA 1.01 1.87 2.48 3.23 Idaho Aa1/AA+/AA+ 0.97 1.87 2.48 3.22 Montana Aa1/AA/AA+ 0.97 1.86 2.49 3.24 Nevada Aa2/AA/AA+ 1.01 1.91 2.54 3.29 Oregon Aa1/AA+/AA+ 0.99 1.82 2.38 3.13 Washington Aa1/AA+/AA+ 1 1.87 2.53 3.29 Wyoming NR/AAA/NR 0.97 1.83 2.4 3.13

1/5/2017 12/29/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 0 $0 $0 California 36 1418815 28 624895 793,920 Hawaii 0 0 0 0 0 Idaho 1 55780 0 0 55,780 Montana 0 0 0 0 0 Nevada 1 4520 1 4520 0 Oregon 2 244880 0 0 244,880 Washington 7 1090430 6 825910 264,520 Wyoming 1 90000 1 90000 0

Tuesday, January 10 Issuer St Description Amount

Friday, January 6 Issuer St Description Amount

Friday, January 6 Issuer St Description Amount

CALIFORNIA

COLORADO

Illinois’ third consecutive annual population loss poses a credit negative that underscores weak economic growth, Moody’s Investors Service said Wednesday.

Government

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased three basis points to 4.25% from 4.28% from the previous week.

The California Public Employees' Retirement System’s decision to reduce its assumed rate of investment return to 7.0% from 7.5% is good for the credit of the state and its local governments, Moody’s Investors Service said Thursday.

The University of Michigan heads into the New Year with a triple-A rated $450 million general revenue bond deal.