News and Information from Bond Buyer

Indicator Last Report Forecast Actual CPI Feb.: -0.2% March: +0.2% March: +0.1% CPI Core Feb.: +0.3% March: +0.2% March: +0.1% Initial Jobless Claims 4/2: 266,000 4/9: 269,000 4/9: 253,000 Continuing Claims 3/26: 2.189M 4/2: 2.201M 4/2: 2.171M

The March consumer price index posted a 0.1% gain, and core rose 0.1% (the latter its smallest gain since August). These produced over-the-year paces of a 0.9% increase overall and 2.2% core.

Thursday, April 14 Issuer St Description Amount

Thursday, April 14 Issuer St Description Amount

Week Of April 11 Issuer St Description Amount

Week Of April 11 Issuer St Description Amount

CALIFORNIA

ARKANSAS

The Natural Resources Committee has indefinitely delayed the vote that was planned for Thursday on the Puerto Rico bill as its members, Treasury Department officials and other stakeholders continue to try to address the concerns raised about the measure and change its provisions to ensure they can get enough votes to pass it.

Ordinances introduced to the Chicago City Council Wednesday authorize $600 million in new-money, general obligation borrowing and impose new oversight rules on some bond structures.

Assured Guaranty Ltd., the biggest municipal bond insurer, agreed to buy CIFG Holding Inc. for $450 million in cash, continuing its strategy of acquiring the assets of "legacy" insurers from the financial crisis.

Top shelf municipal bonds finished steady to stronger on Wednesday, traders said, as more supply hit the market with the retail pricing of the Massachusetts Water Resources Authority’s bond deal leading the way.

Michigan municipalities may need to more than double investment in water infrastructure to avoid crises like the disaster in Flint, a report commissioned by the Michigan Infrastructure & Transportation Association showed.

As Louisiana prepares to price $359.3 million of general obligation bonds next week for budget relief, headline risk associated with Illinois and Puerto Rico may factor into borrowing costs.

Upgrading San Francisco’s vulnerable northern seawall to protect against earthquakes and rising sea level could cost $5 billion.

The National Association of Bond Lawyers is calling for the Internal Revenue Service and Treasury Department to revise and re-propose rules that would determine when entities are political subdivisions that can issue tax-exempt bonds.

Three years after entering the Texas market, UMB Bank is expanding its investment banking division with 11 hires from other firms, led by Victor Pucciarelli, former senior vice president for Hilltop Securities.

San Diego City Attorney Jan Goldsmith said he might file a lawsuit to keep the initiative off November’s ballot, possibly benefiting a competing initiative that would include a new stadium for the San Diego Chargers.

The Treasury Department auctioned $20 billion of 9-year 10-month notes with a 1 5/8% coupon at a 1.765% high yield, a price of 98.739410.

Top shelf municipal bonds were flat at mid-session, traders said, as more supply came to market, topped off by the retail pricing of the Massachusetts Water Resources Authority’s bond deal.