News and Information from Bond Buyer

Top-quality municipal bonds were weaker at mid-session, according to traders, who were watching Treasuries after the release of the July employment report.

Mayor Bill de Blasio, several city and federal agencies and private developers closed a deal to finance the acquisition and renovation of five properties in Harlem through bonds.

The control board appointed a year ago to get a handle on the troubled Massachusetts Bay Transportation Authority is beginning to show progress, though much work remains, Massachusetts transit advocates say.

Municipal bond traders are putting the week's new issue volume into their books as they eye muni yields after the release of the July employment report.

U.S. inflationary pressures were up in July, as the U.S. future inflation gauge gained to 112.6 from an unrevised 111.4 reading in June, according to data released Friday morning by the Economic Cycle Research Institute.

Monday, August 8 Issuer St Description Amount

Monday, August 8 Issuer St Description Amount

Indicator Last Report Forecast Actual Initial Claims 7/23: 266,000 7/30: 265,000 7/30: 269,000 Continuing Claims 7/16: 2.139M 7/23: 2.139M 7/23: 2.138M Factory Orders May: -1.0% June: -1.8% June: -1.5%

Aug. 5, 2016 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aa2/AA+/AA+ 0.6 1.12 1.8 2.52 California Aa3/AA+/A+ 0.46 0.93 1.6 2.31 Hawaii Aa2/AA/AA 0.49 0.94 1.6 2.33 Idaho Aa1/AA+/AA+ 0.46 0.97 1.63 2.36 Montana Aa1/AA/AA+ 0.46 0.96 1.64 2.38 Nevada Aa2/AA/AA+ 0.5 0.99 1.63 2.39 Oregon Aa1/AA+/AA+ 0.48 0.91 1.5 2.23 Washington Aa1/AA+/AA+ 0.51 0.99 1.68 2.43 Wyoming NR/AAA/NR 0.46 0.93 1.55 2.27

8/4/2016 7/28/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 0 0 $0 $0 California 10 726035 10 513,945 212,090 Hawaii 2 199110 0 0 199,110 Idaho 0 0 3 77,345 -77,345 Montana 1 144660 0 0 144,660 Nevada 1 12810 1 251,575 -238,765 Oregon 2 47675 1 9,200 38,475 Washington 8 329435 2 65,600 263,835 Wyoming 0 0 0 0 0

Week Of August 8 Issuer St Description Amount

Friday, August 5 Issuer St Description Amount

ALABAMA

ARKANSAS

Issuance of private activity bonds subject to state volume caps rose for the second consecutive year, according to an annual survey conducted by the Council of Development Finance Agencies.

Government

Rhode Island state Rep. Robert Craven Sr., a former state assistant attorney general, is calling for the release of grand jury documents and testimony on the state’s 38 Studios investigation.

-S&P Global Ratings lowered its long-term rating to 'A' from 'A+' on Illinois State University Board of Trustees' auxiliary facilities system (AFS) revenue bonds.

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 3.79% from 3.80% in the previous week.

The U.S. Army Corps of Engineers has released a draft feasibility report on a project to make the Port of Seattle one of North America's deepest harbors.