News and Information from Bond Buyer

Thursday, December 29 Issuer St Description Amount

Week Of January 3 Issuer St Description Amount

Dec. 28, 2016 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois Baa2/BBB/BBB+ 2.12 3.96 4.77 5.37 Indiana Aaa/AAA/AA+ 0.97 1.87 2.51 3.23 Iowa Aaa/AAA/AAA 0.97 1.86 2.49 3.21 Michigan Aa1/AA-/AA 1.02 1.95 2.61 3.35 Minnesota Aa1/AA+/AAA 0.98 1.83 2.43 3.12 Missouri Aaa/AAA/AAA 0.97 1.81 2.4 3.12 Nebraska NR/AAA/NR 0.97 1.89 2.56 3.31 North Dakota Aa1/AA+/NR 1.01 1.93 2.59 3.31 Ohio Aa1/AA+/AA+ 1.01 1.91 2.54 3.27 South Dakota NR/AA+/AAA 0.99 1.89 2.59 3.33 Wisconsin Aa2/AA/AA 1 1.9 2.57 3.29

12/27/2016 12/20/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 4 $64,847 6 $59,042 $5,805 Indiana 8 242,910 9 256,410 -13,500 Iowa 2 8,625 0 0 8,625 Michigan 8 48,805 9 51,465 -2,660 Minnesota 15 197,950 6 119,875 78,075 Missouri 4 40,015 5 34,830 5,185 Nebraska 1 4,695 2 5,735 -1,040 North Dakota 0 0 0 0 0 Ohio 0 0 2 11,570 -11,570 South Dakota 1 3,965 1 3,965 0 Wisconsin 6 31,950 0 0 31,950

Government

Top-rated municipal bonds finished unchanged on Tuesday as some market participants returned to their desks after the long holiday weekend.

Puerto Rico Governor–Elect Ricardo Rosselló named Jose Marrero Rosado to oversee the government's Office of Management and Budget.

Three Magnolia Public School charter schools received a new lease on life from a county board after the Los Angeles Unified School District didn't renew their charters.

The Treasury Department Tuesday auctioned $50 billion of four-week bills at a 0.485% high yield, a price of 99.962278.

The Treasury Department Tuesday auctioned $26 billion of two-year notes with a 1 1/4% coupon at a 1.280% yield, a price of 99.941124.

Maria Doulis of the watchdog Citizens Budget Commission and Howard Cure of Evercore Wealth Management discuss with Northeast regional editor Paul Burton what effect the Donald Trump presidency would have on New York City, and how the city can effectively govern itself amid the uncertainty.

Folding its $1.6 billion retirement fund into the state pension system is essential to the future of the Massachusetts Bay Transportation Authority, said a Pioneer Institute report.

The Illinois State Toll Highway Authority heads into the New Year with a $1.7 billion budget that includes $300 million of borrowing to finance projects in the sixth year of its $12 billion, 15-year capital program.

Top-rated municipal bonds were unchanged at mid-session as some market participants returned to their desks after the long holiday weekend for a week that is historically one of the quietest of the year.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.555% high rate, up from 0.515% the prior week, and the six-months incurred a 0.660% high rate, up from 0.645% the week before.

Indicator Last Report Forecast Actual Consumer Confidence Nov.: 109.4 Dec.: 108.5 Dec.: 113.7

Illinois is losing its budget director, Tim Nuding.

In the regulatory and legislative arenas next year, dealers will have to grapple with how to set up compliance programs for markup disclosure rules while municipal advisors try to adjust to the many rules adopted in 2016 and issuers work to improve disclosure to stave off legislation.

Participants expecting dealer, MA focuses despite SEC uncertainty.

Genesee County, Mich., officials say they don't expect criminal charges against former Flint leaders stemming from the city's participation in the Karegnondi Water Authority pipeline to impact the project or its bonds.