News and Information from Bond Buyer

Municipal bond market participants are set to see the first part of the week's $16.5 billion calendar hit the screens on Tuesday, led by negotiated deals in Georgia and Virginia and a competitive sale in Colorado.

Atlantic City officials unveiled a five year financial rescue plan Monday night that they hope will be enough to prevent a state takeover.

Manhattan Institute senior fellow Nicole Gelinas discusses the many challenges facing New York regional transportation with The Bond Buyer's Paul Burton and Andrew Coen. Topics include capital funding, Port Authority and MTA megaprojects and alternative funding to counter the L subway line shutdown.

Tuesday, October 25 Issuer St Description Amount

Tuesday, October 25 Issuer St Description Amount

Week Of October 24 Issuer St Description Amount

Week Of October 24 Issuer St Description Amount

Oct. 25, 2016 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA-/NR 0.76 1.25 1.94 2.78 Arkansas Aa1/AA/NR 0.72 1.17 1.81 2.63 Colorado Aa1/AA/NR 0.73 1.23 1.9 2.74 Kansas Aa2/AA/NR 0.73 1.22 1.9 2.72 New Mexico Aaa/AA+/NR 0.73 1.17 1.82 2.66 Oklahoma Aa2/AA+/AA+ 0.73 1.23 1.92 2.76 Texas Aaa/AAA/AAA 0.75 1.24 1.88 2.73 Utah Aaa/AAA/AAA 0.71 1.12 1.72 2.54

ILLINOIS

COLORADO

10/24/2016 10/17/2016 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 4 $164,340 6 $173,685 -$9,345 Arkansas 9 202,330 5 91,650 110,680 Colorado 7 655,785 7 84,250 571,535 Kansas 6 23,680 8 46,505 -22,825 New Mexico 2 68,250 2 25,745 42,505 Oklahoma 4 463,775 7 184,895 278,880 Texas 45 1,492,172 50 1,376,765 115,407 Utah 0 0 3 141,405 -141,405

Fixed income software provider Kalotay Analytics has licensed its patent-pending tax-neutral municipal bond valuation and risk analysis methodology to BlackRock.

Junk-rated Chicago Public Schools will ask its Board of Education for authority to sell up to $840 million of bonds backed by a new citywide capital improvement tax levy.

Government

The Puerto Rico Oversight Board urged the judge in four key Puerto Rico debt cases to continue a freeze on the litigation.

Triple-A rated Georgia reported $136.4 million of present value savings on an $890 million general obligation refunding, helped by improved negative arbitrage conditions.

New Jersey's recently announced plan to fund transportation infrastructure projects through a rise in the gasoline tax exacerbates long-term challenges to the state's operations by swapping cuts to growing tax revenue sources with an increase in motor fuel taxes -- a revenue source with limited growth prospects, Fitch Ratings says.

Top-rated municipal bonds finished unchanged on Monday, traders said, ahead of another huge issuance week with about $16.5 billion of volume ready to pass through the supply pipeline.

Vernon’s electric system revenue bonds were downgraded two notches to Baa3 and received a negative outlook as a result of chronically weak financial metrics.

A $3.3 billion project to expand a subsea tunnel system at Hampton Roads, Va., will be financed with a combination of bonds, toll revenue, and gas tax revenue under a plan approved a regional planning agency.