News and Information from Bond Buyer

Improvement in Atlanta’s fiscal health led Moody's Investors Service to upgrade the city’s general obligation debt to Aa1 from Aa2.

The Internal Revenue Service is preliminarily challenging the tax-exempt status of bonds issued in December 2010 by the Three Rivers Solid Waste Authority in South Carolina to provide permanent financing for a system to treat and deliver methane gas from a landfill site to Kimberly-Clark Corp.

Economic strains are denting Minnesota’s rosy revenue picture, giving state lawmakers less wiggle room on new spending, borrowing plans, and tax relief.

Top quality municipal bonds were flat at mid-session 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.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.325% high rate, up from 0.320% the prior week, and the six-months incurred a 0.480% high rate, up from 0.455% the week before.

The Treasury Department said Monday it will sell $55 billion of four-week discount bills Tuesday.

Falling tax assessments on Energy Future Holdings power plants could strain local budgets in six Texas counties as the company tries to emerge from the nation's largest corporate bankruptcy.

Texas factory activity, as measured by the production index, "contracted again in February," according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Monday.

Fitch Ratings said it has assigned a AAA rating to the state of Alaska's $151.18 million general obligation bonds, series 2016A.

Pending home sales decreased 2.5% to an index reading of 106.0 in January, after a revised 0.9% increase to 108.7 in December, according to a report released Monday by the National Association of Realtors.

Indicator Last Report Forecast Actual Chicago PMI Jan.: 55.6 Feb.: 53.0 Feb.: 47.6 Pending Home Sales Dec.: +0.9% Jan.: +0.5% Jan.: -2.5%

The Chicago Purchasing Managers' Business Barometer dropped to 47.6 in February from 55.6 in January, the National Association of Purchasing Management-Chicago said Monday.

Municipal bond traders are prepping on Monday for a busy week with more than $10 billion of new supply slated to hit the screens.

The seasonally adjusted Milwaukee Report on Business gained to 55.2 in February from 50.4 in January, the Institute for Supply Management-Milwaukee reported Monday.

Feb. 29, 2016 Northeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Connecticut Aa3/AA/AA 0.45 1.19 2.16 3.25 Delaware Aaa/AAA/AAA 0.36 0.87 1.7 2.76 Maine Aa2/AA/AA 0.39 0.94 1.81 2.89 Maryland Aaa/AAA/AAA 0.38 0.91 1.74 2.77 Massachusetts Aa1/AA+/AA+ 0.39 0.97 1.86 2.92 New Hampshire Aa1/AA/AA+ 0.39 0.92 1.75 2.86 New Jersey A2/A/A 0.73 1.59 2.56 3.62 New York Aa1/AA+/AA+ 0.38 0.89 1.77 2.93 Pennsylvania Aa3/AA+/AA+ 0.53 1.39 2.31 3.29 Rhode Island Aa2/AA/AA 0.43 1.11 2.06 3.12 Vermont Aaa/AA+/AAA 0.38 0.9 1.73 2.78 Dist. of Columbia Aa1/AA/AA 0.4 0.96 1.87 2.96 Puerto Rico Caa3/CC/CC 20.38 15.14 11.46 8.57

2/26/2016 2/19/2016 State # Iss Amount ($000s) # Iss Amount ($000s) Chg in Amt ($000s) Connecticut 4 $113,205 2 $30,020 $83,185 Delaware 3 262,540 0 0 262,540 Maine 1 32,250 2 8,390 23,860 Maryland 0 0 4 390,190 -390,190 Massachusetts 7 1,182,300 3 18,670 1,163,630 New Hampshire 0 0 0 0 0 New Jersey 6 240,040 1 3,067 236,973 New York 13 1,269,336 13 1,615,006 -345,670 Pennsylvania 7 268,420 12 217,005 51,415 Rhode Island 1 4,655 3 49,725 -45,070 Vermont 0 0 0 0 0 District of Columbia 0 0 0 0 0 Puerto Rico 1 750,000 1 750,000 0

Tuesday, March 1 Issuer St Description Amount

Monday, February 29 Issuer St Description Amount

Week Of February 29 Issuer St Description Amount