News and Information from Bond Buyer

Rank-and-file Chicago teachers will vote next on a proposed four-year contract reached earlier this month between Chicago Public Schools and the Chicago Teachers Union on the eve of a planned strike.

The Treasury Department Thursday sold $5 billion of inflation-indexed 29-year, 4-month bonds at a 0.666% yield, an adjusted price of 110.667461, with a 1% coupon.

Munis were stronger on Thursday afternoon, according to traders, as yields on some maturities were as many as four basis points lower, as the last of the week's supply trickled in.

Alaska’s coming $2.3 billion pension obligation bond deal will drive the Frontier State to another downgrade, but neither that or other recent downgrades is seen as an obstacle to the state’s desired pricing.

Michael J. Belsky, co-founder of The Vector Group, avoids timing the market and focuses on limiting volatility in the municipal bond portfolios he manages.

Indicator Last Report Forecast Actual Initial Jobless Claims 10/8: 247,000 10/15: 251,000 10/15: 260,000 Continuing Claims 10/1: 2.050M 10/8: n/a 10/8: 2.057 Philly Fed Manufacturing Sept.: 12.8 Oct.: 5.8 Oct.: 9.7 Existing Home Sales Aug.: 5.30M Sept.: 5.35M Sept.: 5.47M Leading Indicators Aug.: -0.2% Sept.: +0.2% Sept.: +0.2%

The Treasury Department said it will auction $15 billion two-year floating rate notes on Oct. 26.

The Treasury Department said it will auction $28 billion seven-year notes on Oct. 27.

The Treasury Department said Thursday it will auction $42 billion 91-day bills and $36 billion 182-day discount bills Monday.

The last new supply for the week will be coming out of the pipeline on Thursday including negotiated deals from well-known issuers in Pennsylvania and Oregon, as well as a triple-A competitive sale from Virginia.

The composite index of Leading Economic Indicators was up 0.2% in September following an unrevised 0.2% decline in August, the Conference Board reported Thursday.

Existing home sales rose 3.2% to a seasonally adjusted 5.47 million-unit rate in September from a downwardly revised 5.30 million sales pace the previous month, the National Association of Realtors announced Thursday.

The region's manufacturing sector expanded in October, although the general business conditions index declined to 9.7 from 12.8 in September, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

The former head of the Internal Revenue Service's tax-exempt bond office says TEB is ignoring alleged violations on a financing for a Syracuse mall that benefited from breaks sought by Hillary Clinton.

Oct. 20, 2016 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.82 1.2 1.83 2.66 Florida Aa1/AAA/AAA 0.8 1.2 1.85 2.68 Georgia Aaa/AAA/AAA 0.78 1.13 1.73 2.55 Kentucky Aa2/A+/AA- 0.82 1.27 1.93 2.78 Louisiana Aa3/AA/AA 0.87 1.49 2.19 3.06 Mississippi Aa2/AA/AA 0.8 1.16 1.95 2.78 North Carolina Aaa/AAA/AAA 0.78 1.13 1.73 2.55 South Carolina Aaa/AA+/AAA 0.79 1.15 1.77 2.59 Tennessee Aaa/AA+/AAA 0.78 1.13 1.73 2.56 Virginia Aaa/AAA/AAA 0.77 1.12 1.72 2.54 West Virginia Aa1/AA-/AA 0.81 1.25 1.89 2.69

10/19/2016 10/12/2016 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 3 $829,250 5 $901,840 -72,590 Florida 15 751,820 4 317,950 433,870 Georgia 4 969,075 5 973,965 -4,890 Kentucky 4 44,815 5 150,810 -105,995 Louisiana 2 10,140 1 4,330 5,810 Mississippi 0 0 0 0 0 North Carolina 4 753,745 6 1,284,050 -530,305 South Carolina 2 93,600 1 18,220 75,380 Tennessee 2 53,390 3 122,505 -69,115 Virginia 5 442,805 4 218,295 224,510 West Virginia 0 0 0 0 0

Thursday, October 20 Issuer St Description Amount

Thursday, October 20 Issuer St Description Amount

Week Of October 17 Issuer St Description Amount

Week Of October 17 Issuer St Description Amount