News and Information from Bond Buyer

Mar. 1, 2016 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.44 1.06 1.98 3.04 Arkansas Aa1/AA/NR 0.4 0.98 1.85 2.89 Colorado Aa1/AA/NR 0.41 1.04 1.94 3.02 Kansas Aa2/AA/NR 0.39 1.02 1.94 2.98 New Mexico Aaa/AA+/NR 0.39 0.97 1.85 2.92 Oklahoma Aa2/AA+/AA+ 0.41 1.04 1.96 3.02 Texas Aaa/AAA/AAA 0.41 0.99 1.92 2.98 Utah Aaa/AAA/AAA 0.39 0.92 1.75 2.8

Tuesday, March 1 Issuer St Description Amount

Tuesday, March 1 Issuer St Description Amount

Week Of February 29 Issuer St Description Amount

KENTUCKY

ILLINOIS

Government

Municipal bond volume fell from a year earlier for a sixth straight month, as a favorable low-interest rate environment failed to stop a downward spiral in refundings.

Michigan Gov. Rick Snyder officially placed retired bankruptcy judge Steven Rhodes in charge of the proposed Detroit Public Schools restructuring, giving him the new title of “transition manager.”

The North Broward Hospital District in Florida saw Moody’s Investors Service drop its bond ratings three notches to Baa2 amid a severe decline in revenue and new probes into its operations.

The heavily indebted North Texas Tollway Authority continues to reduce losses from toll violators as the region’s drivers seem undeterred by automatically increasing rates, according to Moody’s Investors Service.

Fitch Ratings has placed Alaska on a negative watch that the agency says should be resolved when the state passes a budget.

Opposition is growing in Puerto Rico to a planned April 1 increase in business to business consumption taxes.

Top quality municipal bonds finished flat on Monday in quiet activity, traders said, as the market readied for a busy week, with more than $10 billion of new supply slated to hit the screens.

New Jersey Gov. Chris Christie's veto of scheduled contributions to the state's pension fund won't be heard by the U.S. Supreme Court, providing short-term budget relief but leaving the state's pensions underfunded.

Establishing a debt management bureau within his office will make Rhode Island more self-sufficient in that practice, said state Treasurer Seth Magaziner.

Denver will raise long-term financing to redevelop the National Western Complex with some of the proceeds from a $425 million issue that will include refunding.

The College of DuPage in suburban Chicago lost its remaining triple-A rating over its governance turmoil and instability.

DOT to Provide Grants for Projects Relieving Congestion

The MBTA, which operates the Greater Boston mass-transit system, expects to cut its projected fiscal 2017 operating deficit by 43%, to $138 million.