News and Information from Bond Buyer

Feb. 23, 2016 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.43 0.96 1.88 3.02 Arkansas Aa1/AA/NR 0.39 0.88 1.75 2.87 Colorado Aa1/AA/NR 0.4 0.94 1.84 3 Kansas Aa2/AA/NR 0.38 0.92 1.84 2.96 New Mexico Aaa/AA+/NR 0.38 0.87 1.75 2.9 Oklahoma Aa2/AA+/AA+ 0.4 0.94 1.86 3 Texas Aaa/AAA/AAA 0.4 0.89 1.82 2.96 Utah Aaa/AAA/AAA 0.38 0.82 1.65 2.78

2/22/2016 2/15/2016 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 2 $188,315 0 0 $188,315 Arkansas 6 58,450 2 9,355 49,095 Colorado 1 9,845 1 110,000 -100,155 Kansas 4 74,425 4 32,805 41,620 New Mexico 0 0 4 102,448 -102,448 Oklahoma 7 30,675 9 34,565 -3,890 Texas 42 1,460,980 32 1,026,650 434,330 Utah 2 51,775 4 151,580 -99,805

Tuesday, February 23 Issuer St Description Amount

Tuesday, February 23 Issuer St Description Amount

Week Of February 22 Issuer St Description Amount

Week Of February 22 Issuer St Description Amount

CALIFORNIA

ILLINOIS

The spat between Illinois Gov. Bruce Rauner and the Chicago Public Schools could threaten the school district's authority to borrow, if the governor gets his way.

Top rated municipal bonds ended steady to weaker on Monday, according to traders, as more than $1 billion of taxable bonds from the Florida Hurricane Catastrophe Fund hit the market late in the day.

Government

Wayne County, Michigan’s outlook is now stable, according to Moody’s Investors Service, which revised the outlook on its junk-level rating upward from negative.

Atlantic City officials are not on board with a proposed state intervention plan pending in the New Jersey Legislature.

The Wyoming Senate rejected a measure that would have expanded Medicaid in the state, a step Gov. Matt Mead had urged support of and that he said would have brought more federal money to Wyoming.

Moody's Investors Service slashed Ohio-based Cardinal Local School District's rating down to junk grade following the district's default on a December 2015 bond payment.

New York's MTA will continue to sell transportation revenue bonds with a green label as long as investor demand warrants, a finance official said.

The California Department of Finance said the state government’s revenues for January fell short of projections contained in Gov. Jerry Brown’s budget proposal by $148 million.

Municipal bond primary market volume in the Southwest surpassed the previous record set in 2008, climbing 20% to $77.7 billion.

Georgia's recently enacted supplemental state budget dedicates $750 million to transportation projects.

The Municipal Securities Rulemaking Board has published a new educational guide that walks retail investors through the pros and cons of varying methods of investing in municipal bonds.