News and Information from Bond Buyer

Texas, Hawaii and Florida are scheduled to hit screens after traders return from the Good Friday long weekend.

Connecticut, home to the two tribal casinos that launched a gambling boom in the northeast, may become a victim of that boom as gambling behemoth MGM builds a casino just across the state line in Massachusetts.

The Treasury Department said it will auction $20 billion year bills on March 29.

The Treasury Department said it will auction $28 billion seven-year notes on Wednesday, March 30.

The Treasury Department said Thursday it will auction $31 billion 91-day bills and $26 billion 182-day discount bills Monday.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region “remained negative” in March, according to the bank's monthly manufacturing survey, released Thursday.

Top quality municipal bonds were stronger in light morning activity, traders said, as the municipal bond market moves into an abbreviated trading session ahead of a full market close on Friday.

Pennsylvania finally has a state budget but remains vulnerable to more rating downgrades, said a Philadelphia-based municipal strategist.

A rate hike may be made soon, Federal Reserve Bank of St. Louis President James Bullard said Thursday.

Mar. 24, 2016 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.55 1.17 1.98 2.93 Florida Aa1/AAA/AAA 0.55 1.23 2 2.9 Georgia Aaa/AAA/AAA 0.53 1.12 1.84 2.77 Kentucky Aa2/A+/AA+ 0.57 1.26 2.04 3 Louisiana Aa3/AA/AA 0.68 1.57 2.29 3.23 Mississippi Aa2/AA/AA+ 0.55 1.22 2.07 3.03 North Carolina Aaa/AAA/AAA 0.53 1.12 1.84 2.77 South Carolina Aaa/AA+/AAA 0.53 1.15 1.88 2.81 Tennessee Aaa/AA+/AAA 0.53 1.15 1.87 2.78 Virginia Aaa/AAA/AAA 0.52 1.11 1.83 2.76 West Virginia Aa1/AA/AA+ 0.56 1.23 2 2.95

3/23/2016 3/16/2016 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 0 $0 1 $20,005 -20,005 Florida 9 770,825 4 561,670 209,155 Georgia 2 20,990 1 10,000 10,990 Kentucky 2 61,365 6 52,055 9,310 Louisiana 1 12,860 1 36,000 -23,140 Mississippi 0 0 0 0 0 North Carolina 4 136,190 1 27,075 109,115 South Carolina 1 2,170 2 109,200 -107,030 Tennessee 2 53,150 4 818,360 -765,210 Virginia 3 333,145 1 50,345 282,800 West Virginia 0 0 0 0 0

Thursday, March 24 Issuer St Description Amount

Thursday, March 24 Issuer St Description Amount

Week Of March 28 Issuer St Description Amount

Week Of March 21 Issuer St Description Amount

ARKANSAS

ALABAMA

In the week ended March 23, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell two basis points to 4.06% from 4.08% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Government

Standard & Poor’s put five of the seven Illinois public universities it rates on CreditWatch, citing the Illinois budget impasse.