News and Information from Bond Buyer

The Chicago school district, bringing $875 million to market Wednesday after a week's delay, is amplifying its support for the idea that the bonds' pledged tax revenue stream could survive a Chapter 9 bankruptcy.

Market participants will be awaiting larger deals from issuers in Hawaii and Texas on Wednesday as well as a possibility the market could finally see the $875 million of general obligation bonds from Chicago Board of Education.

About 5,496,500 online job postings appeared on leading internet job boards in January, an increase of 13,500 from December, the Conference Board reported Wednesday.

The U.S. services sector expanded at a slower pace in January as the non-manufacturing business activity composite index was 53.5 in the month, compared to 55.8 in December, on a seasonally adjusted basis, the Institute for Supply Management reported Wednesday.

Rhode Island Gov. Gina Raimondo continued her theme of jobs and economic development in submitting her $9 billion budget for fiscal 2017, which includes $230 million in bond requests.

The Treasury Department said its quarterly refunding will raise $7.6 billion new cash by selling $62 billion to refund $54.4 billion in maturing debt.

Private-sector employment increased by 205,000 in January, on a seasonally adjusted basis, ADP reported Wednesday.

Feb. 3, 2016 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois Baa1/A+/BBB+ 1.15 2.36 3.4 4.38 Indiana Aaa/AAA/AA+ 0.4 1.07 1.84 2.87 Iowa Aaa/AAA/AAA 0.4 1.08 1.84 2.87 Michigan Aa1/AA+/AA 0.44 1.14 1.95 3 Minnesota Aa1/AA+/AA+ 0.41 1.03 1.75 2.77 Missouri Aaa/AAA/AAA 0.4 1 1.73 2.76 Nebraska NR/AAA/NR 0.4 1.09 1.89 2.95 North Dakota Aa1/AA+/NR 0.43 1.14 1.92 2.95 Ohio Aa1/AA+/AA+ 0.42 1.09 1.88 2.93 South Dakota NR/AA+/AA+ 0.44 1.13 1.92 2.97 Wisconsin Aa2/AA/AA 0.43 1.09 1.87 2.9

2/2/2016 1/26/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 14 $935,405 11 $934,320 $1,085 Indiana 5 51,900 1 4,365 47,535 Iowa 5 56,255 4 14,315 41,940 Michigan 26 392,770 14 224,775 167,995 Minnesota 22 715,215 20 291,370 423,845 Missouri 2 38,530 2 190,190 -151,660 Nebraska 0 0 1 139,150 -139,150 North Dakota 6 35,665 3 27,920 7,745 Ohio 10 430,572 6 164,710 265,862 South Dakota 0 0 0 0 0 Wisconsin 17 88,295 9 54,560 33,735

Wednesday, February 3 Issuer St Description Amount

Wednesday, February 3 Issuer St Description Amount

Wednesday, February 3 Issuer St Description Amount

Week Of February 1 Issuer St Description Amount

CALIFORNIA

ARKANSAS

The Securities and Exchange Commission today charged 14 municipal underwriting firms for violations in municipal bond offerings under its voluntary Municipalities Continuing Disclosure Cooperation Initiative.

The Puerto Rico Aqueduct and Sewer Authority is seeking a new public corporation to sell its bonds.

Chicago Public Schools said it will price its delayed $875 million bond sale Wednesday, amid heightened acrimony with its teachers union and a renewed state takeover threat.

Government

New York Mayor Bill de Blasio announced procurement rule changes to help increase city contract awards to minority- and women-owned business enterprise firms.