News and Information from Bond Buyer

Private-sector employment increased by 154,000 in September, on a seasonally adjusted basis, ADP estimated Wednesday.

Oct. 5, 2016 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois Baa2/BBB/BBB+ 1.38 2.54 3.14 3.99 Indiana Aaa/AAA/AA+ 0.78 1.08 1.64 2.43 Iowa Aaa/AAA/AAA 0.78 1.07 1.64 2.43 Michigan Aa1/AA-/AA 0.82 1.14 1.72 2.53 Minnesota Aa1/AA+/AAA 0.79 1.06 1.57 2.31 Missouri Aaa/AAA/AAA 0.78 1.01 1.53 2.32 Nebraska NR/AAA/NR 0.78 1.1 1.69 2.51 North Dakota Aa1/AA+/NR 0.82 1.14 1.72 2.51 Ohio Aa1/AA+/AA+ 0.8 1.1 1.67 2.47 South Dakota NR/AA+/AAA 0.8 1.1 1.72 2.53 Wisconsin Aa2/AA/AA 0.82 1.1 1.65 2.47

10/4/2016 9/27/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 15 $1,495,350 19 $266,080 $1,229,270 Indiana 8 67,215 7 122,045 -54,830 Iowa 7 222,410 5 26,815 195,595 Michigan 6 239,480 7 164,775 74,705 Minnesota 36 422,185 31 469,820 -47,635 Missouri 3 10,500 4 176,460 -165,960 Nebraska 0 0 1 68,215 -68,215 North Dakota 4 13,760 4 13,760 0 Ohio 13 258,135 4 140,060 118,075 South Dakota 0 0 0 0 0 Wisconsin 12 396,335 10 55,375 340,960

Wednesday, October 5 Issuer St Description Amount

Wednesday, October 5 Issuer St Description Amount

Week Of October 3 Issuer St Description Amount

ARKANSAS

COLORADO

Government

Wisconsin takes competitive bids Wednesday on $325 million of new-money general obligation bonds with its shortest call feature to date at seven-and-a-half years.

Puerto Rico’s economic activity index rose 0.2% in August from July, its second straight month-over-month increase.

Top quality municipal bonds finished weaker along with U.S. Treasuries on Tuesday, traders said, as the first big deals of the week came to market led by sales from the Massachusetts School Building Authority and the California State Public Works Board.

New York State is planning $3.46 billion of fourth quarter municipal bond issuance, led by a transaction by Empire State Development Corp. .

Kansas revenues ran $45 million below projections in September, continuing a trend of shortfalls expected to cause more fiscal belt tightening. The latest announcement comes as Democrats are targeting Brownback’s policies one month ahead of the general election.

PFM Financial Advisors LLC, the biggest financial advisor, moved to expand its government and non-profit practice in Illinois, New York and Connecticut with the acquisition of A.C. Advisory Inc.

The Great Lakes Water Authority will make its market debut next week with $1.3 billion of new money and refunding bonds, boosted by two new rating upgrades.

The next president must maintain the tax exemption for municipal bonds -- the “bread and butter” of infrastructure financing -- or risk costing cities up to $500 billion, a group of mayors recently told Republican and Democrat campaign representatives.

A House Democrat from Connecticut wants to use federal funds to construct a proposed $10 billion system of interstate highway tunnels in Hartford, Conn., that the state highway department deemed too expensive.

Maine voters are poised to approve additional borrowing for transportation projects on Election Day, according to recent polling.

Top quality municipal bonds were weaker at mid-session, traders said, as the first big deals of the week came to market, led by offerings from the Massachusetts School Building Authority and the California State Public Works Board.