News and Information from Bond Buyer

  • California

    Just under half of likely voters in California favor approval of a $9 billion school bond measure, according to a survey by the Public Policy Institute of California.

    September 22
  • The Treasury Department sold $13 billion of inflation-indexed 10-year TIPs at a 0.052% high yield, an adjusted price of 101.115665, with a 1/8% coupon.

    September 22
  • Top-quality municipal bonds were stronger at mid-session, according to traders, as the Dormitory Authority of the State of New York competitively sold over $1 billion of bonds.

    September 22
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  • Illinois

    Chicago will bolster its police ranks as part of a broader plan aimed at reining in a skyrocketing homicide rate that some believe threatens to undercut the city’s recent fiscal progress.

    September 22
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  • Oregon

    PFM Financial Advisors purchased Portland, Ore.-based advisory firm Western Financial Group, and hired all of its members.

    September 22
  • Hawaii

    Hawaii received one-notch upgrades from two rating agencies ahead of plans to price $675.58 million in general obligation bonds.

    September 22
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  • The Treasury Department said it will auction $13 billion one-year 10-month 0.174% floating rate notes on Sept. 28.

    September 22
  • The Treasury Department said it will auction $28 billion seven-year notes on Sept. 28.

    September 22
  • The Treasury Department said Thursday it will auction $40 billion 91-day bills and $36 billion 182-day discount bills Monday.

    September 22
  • Manufacturing activity in the Federal Reserve Bank of Kansas City's region "increased moderately" in September, according to the bank's monthly manufacturing survey, released Thursday.

    September 22
  • Indicator Last Report Forecast Actual Initial Jobless Claims 9/10: 260,000 9/17: 263,000 9/17: 252,000 Continuing Claims 9/3: 2.149M 9/10: 2.140M 9/10: 2.113M Existing Home Sales July: 5.38M Aug.: 5.45M Aug.: 5.33M Leading Indicators July: +0.5% Aug.: unch Aug.: -0.2%

    September 22
  • Miami City Manager Daniel Alfonso said the city has received a proposed settlement of the Securities and Exchange Commission's case, in which a jury found the city guilty of securities fraud last week.

    September 22
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  • Assured Guaranty Corp., a financial guaranty subsidiary of Assured Guaranty Ltd, together with its subsidiaries, has been assigned an insurance financial strength rating of AA, with a stable outlook, by Kroll Bond Rating Agency.

    September 22
  • New York Gov. Andrew Cuomo announced capital investments to improve two key stations on the Long Island Rail Road's 40-mile spine between Jamaica and Ronkonkoma.

    September 22
  • The composite index of Leading Economic Indicators was down 0.2% in August following a revised 0.5% gain in July, the Conference Board reported Thursday.

    September 22
  • Existing home sales declined 0.9% to a seasonally adjusted 5.33 million-unit rate in August from a downwardly revised 5.38 million sales pace the previous month, the National Association of Realtors announced Thursday.

    September 22
  • Moody's revises Boston University's outlook to positive from stable while affirming the school's A1 rating.

    September 22
  • Municipal bond traders are set to see the last of the week's big name issuers hit the market on Thursday, a day after the Federal Open Market Committee left the fed funds target rate unchanged in a move widely expected.

    September 22
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  • The Chicago Fed National Activity Index for August plunged to negative 0.55 from a downwardly revised positive 0.24 in July, first reported as positive 0.27, while the three-month moving average (CFNAI-MA3) narrowed to negative 0.07 from a revised negative 0.09 in July, first reported as negative 0.10 the Federal Reserve Bank of Chicago reported Thursday.

    September 22
  • Sep. 22, 2016 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.76 1.1 1.69 2.46 Florida Aa1/AAA/AAA 0.75 1.12 1.69 2.45 Georgia Aaa/AAA/AAA 0.72 1.04 1.57 2.32 Kentucky Aa2/A+/AA- 0.76 1.18 1.77 2.55 Louisiana Aa3/AA/AA 0.81 1.4 2.06 2.83 Mississippi Aa2/AA/AA 0.74 1.07 1.79 2.55 North Carolina Aaa/AAA/AAA 0.72 1.04 1.56 2.32 South Carolina Aaa/AA+/AAA 0.73 1.06 1.61 2.36 Tennessee Aaa/AA+/AAA 0.72 1.04 1.57 2.33 Virginia Aaa/AAA/AAA 0.71 1.03 1.56 2.31 West Virginia Aa1/AA-/AA+ 0.75 1.16 1.73 2.46

    September 22