News and Information from Bond Buyer

Indicator Last Report Forecast Actual Import Prices March: +0.3% April: +0.5% April: +0.3% Export Prices March: unch April: +0.1% April: +0.5% Initial Jobless Claims 4/30: 274,000 5/7: 270,000 5/7: 294,000 Continuing Claims 4/23: 2.124M 4/30: 2.120M 4/30: 2.161M

May. 12, 2016 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.58 1 1.66 2.61 Florida Aa1/AAA/AAA 0.59 1 1.65 2.6 Georgia Aaa/AAA/AAA 0.56 0.94 1.56 2.47 Kentucky Aa2/A+/AA+ 0.6 1.08 1.76 2.7 Louisiana Aa3/AA/AA 0.74 1.34 2.1 3.03 Mississippi Aa2/AA/AA+ 0.58 1.04 1.79 2.73 North Carolina Aaa/AAA/AAA 0.56 0.93 1.55 2.46 South Carolina Aaa/AA+/AAA 0.56 0.94 1.6 2.51 Tennessee Aaa/AA+/AAA 0.56 0.94 1.59 2.48 Virginia Aaa/AAA/AAA 0.55 0.93 1.55 2.46 West Virginia Aa1/AA+/AA+ 0.59 1.05 1.72 2.65

5/11/2016 5/4/2016 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 0 $0 1 $6,725 -6,725 Florida 5 594,245 4 580,245 14,000 Georgia 9 1,829,250 8 1,629,300 199,950 Kentucky 9 117,840 8 128,795 -10,955 Louisiana 1 20,000 0 0 20,000 Mississippi 1 50,040 0 0 50,040 North Carolina 4 331,195 1 53,860 277,335 South Carolina 6 156,065 1 39,030 117,035 Tennessee 2 10,180 2 12,060 -1,880 Virginia 7 724,530 5 469,675 254,855 West Virginia 0 0 0 0 0

Thursday, May 12 Issuer St Description Amount

Thursday, May 12 Issuer St Description Amount

Week Of May 9 Issuer St Description Amount

Week Of May 9 Issuer St Description Amount

ALABAMA

ARKANSAS

The House Natural Resources Committee on Wednesday postponed its scheduled release of a new bill to help Puerto Rico for what members hope will be only one day as discussions about acceptable revisions continued.

Government

Top rated municipal bonds ended stronger on Wednesday, traders said, as more supply swept into the marketplace, led by issuers in Chicago, California and Oregon.

Michigan’s state treasurer has sided with the state Senate over the state House after the two houses developed different legislation to restructure Detroit Public Schools.

Indianapolis-based Umbaugh has named veteran Ohio public finance professional Mark Miller as its director in that state.

Wisconsin Gov. Scott Walker’s administration is defending its decision for a second consecutive year to defer repayment of commercial paper instead of retiring it as originally planned in the budget.

The nation’s largest issuer is collaborating with the New York Department of Health (DOH) to expedite reimbursements from bond proceeds for the state’s healthcare institutions.

A Colorado lawmaker’s proposal for a $3.5 billion state road bond referendum fails in the final hours of 2016 session.

Citing growing pension liabilities and other fixed costs, Moody's Investors Service downgraded Fort Worth, Texas, in advance of a $165 million issue.

The Indianapolis Airport Authority said this week that it has agreed to settle a dispute with the Internal Revenue Service over rebate liability in connection with $347 million of tax-exempt bonds, even though it disagrees with the IRS' position on the bonds.

Indicator Last Report Forecast Actual Treasury Budget March: -$108.0B April: +$102.5B April: +$106.5B