News and Information from Bond Buyer

The Metropolitan Atlanta Rapid Transit Authority could pursue a portion of its $8 billion expansion plan under terms of a bill Georgia legislators passed shortly before adjourning.

The Municipal Securities Rulemaking Board has issued a concept release on whether it should require municipal advisors to disclose information about the bank loans or privately placed municipal securities of their issuer clients

Baylor Scott & White Health, the largest not-for-profit healthcare system in Texas, will issue $536 million of taxable and $382 million of tax-exempt bonds.

The Treasury Department Tuesday auctioned $26 billion of two-year notes with a 7/8% coupon at a 0.877% yield, a price of 99.996043.

The Houston Independent School District returns to the muni market with $683 million of general obligation bonds that carry nearly perfect ratings.

Fitch Ratings slapped Chicago with a two-notch downgrade to BBB-minus, citing last week’s state Supreme Court ruling that tossed out city pension reforms.

Top quality municipal bonds were steady in quiet activity at mid-session as trading resumed after the long Easter holiday weekend.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.300% high rate, unchanged from 0.300% the prior week, and the six-months incurred a 0.475% high rate, up from 0.440% the week before.

Indicator Last Report Forecast Actual Personal Income Jan.: +0.5% Feb.: +0.1% Feb.: +0.2% Consumption Jan.: +0.1% Feb.: +0.1% Feb.: +0.1% Core PCE Price Index Jan.: +0.3% Feb.: +0.2% Feb.: +0.1% Pending Home Sales Jan.: -3.0% Feb.: +1.0% Feb.: +3.5%

The Treasury Department said Monday it will sell $45 billion of four-week discount bills Tuesday.

Analysts who follow Greece see lessons for U.S. lawmakers on how to avoid a protracted debt crisis in Puerto Rico.

Fitch Ratings’ recent guidance on school bond ratings won’t bring across-the-board higher ratings to California school bonds; the agency will require a legal opinion to consider such GO bonds to be special revenues in a bankruptcy case.

Texas factory activity, as measured by the production index, “expanded slightly in March,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Monday.

Good Shepherd Health System faces a rising risk of default on $150 million of debt as the East Texas nonprofit seeks a merger partner, Moody’s Investors Service says.

Municipal bond traders returned to their desks on Monday after the long Easter holiday weekend. They will be seeing more than $6 billion of new issuance hit the screens this week as the calendar consists of $4.45 billion of negotiated deals and $1.66 billion of competitive sales.

Pending home sales increased 3.5% to an index reading of 109.1 in February, after a revised 3.0% decline to 105.4 in January, according to a report released Monday by the National Association of Realtors.

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Monday, March 28 Issuer St Description Amount

Week Of March 28 Issuer St Description Amount