News and Information from Bond Buyer

Oklahoma Gov. Mary Fallin wants lawmakers to approve another $120 million of bonds to complete repairs of the Capitol, as they struggle with a $910 million budget gap.

The University of Michigan's preliminary February consumer sentiment index reading was 90.7, compared to the final January 92.0, and the preliminary January 93.3, according to market sources.

Top quality municipal bonds were weaker in early activity on Friday, traders said, with yields on some maturities strengthening by as much as one basis point.

Feb. 12, 2016 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aaa/AA+/AAA 0.41 0.94 1.83 2.9 California Aa3/AA+/A+ 0.4 0.91 1.84 2.87 Hawaii Aa2/AA/AA 0.4 0.91 1.79 2.89 Idaho Aa1/AA+/AA+ 0.38 0.93 1.79 2.87 Montana Aa1/AA/AA+ 0.38 0.92 1.8 2.89 Nevada Aa2/AA/AA+ 0.42 0.94 1.83 2.93 Oregon Aa1/AA+/AA+ 0.38 0.86 1.68 2.77 Washington Aa1/AA+/AA+ 0.38 0.94 1.84 2.96 Wyoming NR/AAA/NR 0.38 0.89 1.71 2.78

2/11/2016 2/4/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 0 $0 $0 California 2 238,270 3 143,150 95,120 Hawaii 0 0 6 236,315 -236,315 Idaho 0 0 0 0 0 Montana 0 0 0 0 0 Nevada 2 309,590 1 283,730 25,860 Oregon 2 48,775 0 0 48,775 Washington 1 91,600 3 613,705 -522,105 Wyoming 0 0 0 0 0

Wednesday, February 17 Issuer St Description Amount

Week Of February 16 Issuer St Description Amount

Friday, February 12 Issuer St Description Amount

Friday, February 12 Issuer St Description Amount

CONNECTICUT

ALABAMA

In the week ended Feb. 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell four basis points to 4.01% from 4.05% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Government

New Jersey could achieve more than $2 billion in annual savings by aligning public worker health care benefits more closely to private-sector employer standards, according to a new report released Thursday by Gov. Chris Christie’s bipartisan pension commission.

Atlantic City, N.J., which is on pace to run out of cash flow by early April, has the fifth worst vacancy rate in the U.S, according to new data released by RealtyTrac.

Rhode Island received 27 applications for an initial $25 million in Efficient Building Fund financing, says state General Treasurer Seth Magaziner.

Puerto Rico’s reform of PREPA is an example of how it is making positive structural reforms, Gov. García Padilla said.

Michigan based Hope Academy had $8.6 million of public school academy limited obligation revenue bonds downgraded into deeper junk territory by Fitch Ratings on Wednesday.

Illinois elected leaders have plenty of advice about how to solve their budget problems, with no sign that they are going to take any of it.

Top-rated municipal bonds finished stronger on Thursday, traders said, as yields on some maturities fell by as much as five basis points. Treasuries surged as stocks slumped after global equities caught a bad case of the Bear Market Blues.