News and Information from Bond Buyer

The Texas Water Development Board expects the market to quickly absorb its $711 million of top-rated revenue bonds.

Rhode Island ended fiscal 2016 with a $167 million surplus, or $44 million more than expected, said Gov. Gina Raimondo.

Municipal bond traders will be analyzing Friday's weaker-than-expected jobs report as Treasury prices turned mixed and stocks opened higher. The market is also gearing up for a three-day holiday weekend, with a full close on Monday for Labor Day.

New York City business activity "eased in August after a seven month high in July," although the current business conditions index dropped to 47.5 in August from 60.7 in July, the Institute for Supply Management-New York's Report on Business index, released Friday, indicated.

In an historic action, the Municipal Securities Rulemaking Board has filed a markup disclosure proposal with the Securities and Exchange Commission that it said will likely lower transaction costs for retail investors, enable them to better understand dealers' pricing practices, and improve investor confidence in the municipal market.

U.S. inflationary pressures were down in August, as the U.S. future inflation gauge declined to 112.6 from an upwardly revised 113.0 reading in July, first reported as 112.6, according to data released Friday morning by the Economic Cycle Research Institute.

Tuesday, September 6 Issuer St Description Amount

Friday, September 2 Issuer St Description Amount

Week Of September 6 Issuer St Description Amount

Week Of September 6 Issuer St Description Amount

KENTUCKY

ALABAMA

Sep. 2, 2016 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aa2/AA+/AA+ 0.66 1.04 1.73 2.45 California Aa3/AA-/A+ 0.54 0.97 1.6 2.29 Hawaii Aa2/AA/AA 0.55 0.93 1.57 2.28 Idaho Aa1/AA+/AA+ 0.52 0.96 1.6 2.31 Montana Aa1/AA/AA+ 0.52 0.95 1.61 2.33 Nevada Aa2/AA/AA+ 0.56 0.98 1.6 2.34 Oregon Aa1/AA+/AA+ 0.54 0.9 1.47 2.17 Washington Aa1/AA+/AA+ 0.55 0.96 1.64 2.38 Wyoming NR/AAA/NR 0.52 0.92 1.52 2.22

9/1/2016 8/25/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 0 0 $0 $0 California 13 756035 9 536,290 219,745 Hawaii 0 0 0 0 0 Idaho 1 2265 2 17,955 -15,690 Montana 0 0 0 0 0 Nevada 0 0 0 0 0 Oregon 0 0 0 0 0 Washington 2 224475 4 372,170 -147,695 Wyoming 2 79580 0 0 79,580

Government

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased one basis point to 3.74% from 3.75% in the previous week.

Two Puerto Rico control board members came under fire from local politicians and analysts, who said they should have been disqualified because of past connections to the government that created the island's $70 billion debt crisis.

Top-quality municipal bonds ended mixed on Thursday, according to traders, as the last big deal of the week came to market. Activity was subdued ahead of Friday's unemployment report for August and the long holiday weekend.

Legislation that would have authorized a vote on a $3 billion affordable housing bond failed to pass ahead of California's legislative deadline of midnight Sept. 1.

The Securities and Exchange Commission is asking a federal judge to allow it to submit an amended complaint that includes much more detailed charges against banker Peter Cannava in connection with an ill-fated private placement for startup video game company 38 Studios.