News and Information from Bond Buyer

Industrial production surged 0.7% in July, the Federal Reserve reported Tuesday.

Lately coupons of 4% – and in some cases even lower – are becoming more palatable to retail buyers because they decrease individual investors' dollar price when they purchase a new issue, strategists said.

The New York region's service sector activity "declined significantly," according to the Federal Reserve Bank of New York's August Business Leaders Survey, released Tuesday.

In a chat with Senior Markets Reporter Chip Barnett, Daniel Berger, Municipal Market Data’s Senior Market Strategist and Gary Siegel, The Bond Buyer’s Federal Reserve expert, take a look back at the summer slowdown and look ahead to after Labor Day. They discuss the uncertain political situation and analyze what the Fed might do for the rest of the year. Note: After this podcast’s production, Fitch Ratings upgraded California’s rating to AA-minus from A-plus.

Tuesday, August 16 Issuer St Description Amount

Tuesday, August 16 Issuer St Description Amount

Week Of August 15 Issuer St Description Amount

Week Of August 15 Issuer St Description Amount

ILLINOIS

Aug. 16, 2016 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA-/NR 0.51 0.98 1.62 2.37 AZ Arkansas Aa1/AA/NR 0.47 0.9 1.49 2.22 AR Colorado Aa1/AA/NR 0.48 0.96 1.58 2.33 CO Kansas Aa2/AA/NR 0.48 0.95 1.58 2.31 KS New Mexico Aaa/AA+/NR 0.48 0.9 1.5 2.25 NM Oklahoma Aa2/AA+/AA+ 0.48 0.96 1.6 2.35 OK Texas Aaa/AAA/AAA 0.5 0.96 1.56 2.34 TX Utah Aaa/AAA/AAA 0.46 0.85 1.4 2.13 UT

8/15/2016 8/8/2016 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 4 $57,135 2 $21,095 $36,040 Arkansas 4 48,490 3 19,385 29,105 Colorado 4 72,710 4 31,255 41,455 Kansas 11 103,525 15 470,935 -367,410 New Mexico 1 18,040 2 8,630 9,410 Oklahoma 0 0 1 22,000 -22,000 Texas 46 929,930 30 928,135 1,795 Utah 2 19,095 3 194,130 -175,035

Government

Wilmington Trust announced that it has promoted Patrick Tadie to division manager of Wilmington Trust's Capital Markets Structured Finance Group, which provides agency and trustee services to the asset backed, mortgage backed, project finance, transportation leasing, and insurance-backed related markets.

The Gary/Chicago International Airport Authority may seek another round of bond funding after a year that saw operations increase following the expansion of its main runway.

The Long Island Power Authority received its first credit upgrade in 11 years as Moody's Investors Service raised its bonds one notch.

Top-quality municipal bonds finished flat on Monday, according to traders, as the market was prepping to see a calendar consisting of about $5.30 billion of new deals.

The Securities and Exchange Commission's settlements with issuers under its continuing disclosure enforcement initiative will not impact specific rating determinations but will be an important component of analyzing an issuer's credit fundamentals, analysts from S&P Global Ratings said in a report on Monday.

The Louisiana State Bond Commission and the Joint Legislative Budget Committee meet separately Thursday to consider issuing $500 million of notes for cash flow and working capital in the general fund.

The National Association of Bond Lawyers recently announced nominees for its board officers and directors that members will vote on at its annual meeting in Chicago on Oct. 19.

Ziegler, the oldest healthcare focused investment bank in the country, is becoming one of the biggest players in the specialty as well.