News and Information from Bond Buyer

San Francisco’s water utility will issue almost $860 million of water revenue refunding bonds in a negotiated deal.

Top-rated municipal bonds were weaker at mid-session Thursday, traders said, as the market saw more supply hit the screens, topped by Hawaii and Massachusetts issues.

A New Jersey appellate court rejected an effort to block a $1.15 billion bond sale to complete the long-stalled American Dream shopping and entertainment development at the Meadowlands.

The DC Water and Sewer Authority closed on a historic deal Thursday, issuing the nation's first Environmental Impact Bond to fund the initial green infrastructure project in its DC Clean Rivers Project.

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

Indicator Last Report Forecast Actual GDP Q1: +0.8% Q2: +1.3% Q2: +1.4% Final Sales Q1: +1.2% Q2: +2.3% Q2: +2.6% Initial Claims 9/17: 251,000 9/24: 260,000 9/24: 254,000 Continuing Claims 9/10: 2.108M 9/17: n/a 9/17: 2.062M Pending Home Sales July: +1.2% Aug.: n/a Aug.: -2.4%

Pending home sales decreased 2.4% to an index reading of 108.5 in August, after a revised 1.2% gain to 111.2 in July, according to a report released Thursday by the National Association of Realtors.

The municipal bond market is set to see more supply hit the screens on Thursday, topped by Hawaii and Massachusetts issues.

New York City and Connecticut officials became the latest to take aim at Wells Fargo as the bank's fake-accounts scandal resonates through the municipal bond world.

Sep. 29, 2016 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.8 1.09 1.6 2.37 Florida Aa1/AAA/AAA 0.79 1.1 1.6 2.39 Georgia Aaa/AAA/AAA 0.76 1.02 1.48 2.26 Kentucky Aa2/A+/AA- 0.8 1.16 1.68 2.49 Louisiana Aa3/AA/AA 0.85 1.38 1.97 2.77 Mississippi Aa2/AA/AA 0.78 1.05 1.7 2.49 North Carolina Aaa/AAA/AAA 0.76 1.02 1.48 2.26 South Carolina Aaa/AA+/AAA 0.77 1.04 1.52 2.3 Tennessee Aaa/AA+/AAA 0.76 1.02 1.48 2.27 Virginia Aaa/AAA/AAA 0.75 1.01 1.47 2.25 West Virginia Aa1/AA-/AA 0.79 1.14 1.64 2.4

9/28/2016 9/21/2016 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 3 $637,815 5 $807,900 -170,085 Florida 7 627,285 7 901,950 -274,665 Georgia 7 1,010,490 4 1,208,010 -197,520 Kentucky 9 42,290 6 78,965 -36,675 Louisiana 0 0 1 4,315 -4,315 Mississippi 0 0 0 0 0 North Carolina 3 754,705 3 775,055 -20,350 South Carolina 1 18,220 5 149,825 -131,605 Tennessee 2 11,255 3 33,890 -22,635 Virginia 3 177,735 4 39,495 138,240 West Virginia 0 0 0 0 0

Thursday, September 29 Issuer St Description Amount

Thursday, September 29 Issuer St Description Amount

Week Of September 26 Issuer St Description Amount

Week Of September 26 Issuer St Description Amount

ARIZONA

ALABAMA

Government

The Senate on Wednesday passed a continuing resolution that would keep the federal government running through Dec. 9, preventing a government shutdown on Oct. 1.

The Securities and Exchange Commission has voted to propose an amendment to one of its rules that would shorten the standard settlement cycle for most bond and other securities transactions to two instead of three days after the trade date.