News and Information from Bond Buyer

Week Of January 3 Issuer St Description Amount

Dec. 23, 2016 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aa2/AA+/AA+ 1.12 2.18 2.88 3.65 California Aa3/AA-/AA- 0.99 1.93 2.67 3.47 Hawaii Aa1/AA+/AA 1.01 1.95 2.62 3.37 Idaho Aa1/AA+/AA+ 0.97 1.93 2.61 3.34 Montana Aa1/AA/AA+ 0.97 1.92 2.62 3.36 Nevada Aa2/AA/AA+ 1.02 1.99 2.69 3.43 Oregon Aa1/AA+/AA+ 1 1.89 2.53 3.27 Washington Aa1/AA+/AA+ 1.01 1.97 2.68 3.42 Wyoming NR/AAA/NR 0.97 1.89 2.53 3.25

12/22/2016 12/15/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 0 $0 $0 California 23 523265 27 587640 -64,375 Hawaii 0 0 0 0 0 Idaho 0 0 0 0 0 Montana 0 0 0 0 0 Nevada 0 0 0 0 0 Oregon 0 0 0 0 0 Washington 5 734780 6 738580 -3,800 Wyoming 1 90000 1 90000 0

MICHIGAN

COLORADO

Government

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased to 4.35% from 4.33% from the previous week.

Puerto Rico Governor-Elect Ricardo Rosselló appointed Christian Sobrino Vega as his chief economic advisor.

Top-shelf municipal bonds finished the day slightly stronger Thursday, as yields on some maturities were as much as one basis point lower, according to traders. The primary market is pretty much in shut-down mode right now as the holidays are right around the corner.

Multiple early initiatives will crowd Donald Trump's administration, Citi VP and former White House advisor Candi Wolff told Massachusetts investors.

New York State's $500 million automatic tolling initiative at Metropolitan Transportation Authority-operated bridges and tunnels is moving full speed ahead with a planned completion date set for the end of 2017, Gov. Andrew Cuomo announced Wednesday.

Alaska Gov. Bill Walker's $4.2 billion fiscal year 2018 contains a familiar proposal.

Ross Sinclaire & Associates has agreed to pay $250,000 and to disgorge ill-gotten gains to settle muni rules violations with the Financial Industry Regulatory Authority after it improperly acted as a financial advisor and underwriter on the same muni issuances. The Cincinnati-based firm also failed to disclose material facts in offering documents and was late in filing underwriting disclosures with regulators, FINRA said.

The Treasury Department Thursday auctioned $14 billion of five-year inflation-indexed notes with a 0.125% coupon, a 0.120% high yield, an adjusted price of 102.005809.

Top-shelf municipal bonds were a tad stronger on Thursday through midday, as yields on some maturities were as much as one basis point lower, according to traders. The primary market is nearing shut-down mode as the holidays approach.

The state-backed restructuring of Detroit’s public school system is a positive development for existing bondholders, says Moody’s Investors Service.

New Jersey legislation requiring quarterly pension payments starting in the 2018 fiscal year will not likely influence the state’s credit conditions, according to Fitch Ratings.

Hawaii Gov. David Ige told legislators he wants to issue general obligation bonds to fund the majority of $3 billion in capital projects over the next two years to capitalize on the state’s high ratings.

The Treasury Department said it will auction $13 billion one-year 10-month 0.170% floating rate notes on Dec. 28.

The Treasury Department said Thursday it will sell $50 billion of four-week discount bills Tuesday.