News and Information from Bond Buyer

A federal award for flood protection in lower Manhattan builds on over $100 million New York has committed to this project, according to Mayor Bill de Blasio.

New York Mayor Bill de Blasio’s $82.1 billion preliminary spending plan for fiscal 2017, while short on drama, may face headwinds from Albany and the economy.

The New Jersey Turnpike Authority is in the home stretch of a $7 billion, 10-year capital improvement program.

Municipal bonds were weaker at mid-session, traders said, as yields on top-rated maturities strengthened by as much as five basis points.

The composite index of Leading Economic Indicators was down 0.2% in December following a 0.5% gain in November, first reported as a 0.4% increase, the Conference Board reported Friday.

Existing home sales soared 14.7% to a seasonally adjusted 5.46 million-unit rate in December from an unrevised 4.76 million pace the previous month, the National Association of Realtors announced Friday.

Municipal bond traders were going through their books and recording trades and inventory for this week while preparing for the week ahead.

The Chicago Fed National Activity Index for December climbed to negative 0.22 from a revised negative 0.36 reading in November, while the three-month moving average (CFNAI-MA3) dipped to negative 0.24 from an upwardly revised negative 0.19 in October, the Federal Reserve Bank of Chicago reported Friday.

Jan. 22, 2016 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aaa/AA+/AAA 0.45 1.1 1.8 2.78 California Aa3/AA+/A+ 0.47 1.1 1.89 2.88 Hawaii Aa2/AA/AA 0.47 1.11 1.89 2.88 Idaho Aa1/AA+/AA+ 0.45 1.13 1.89 2.87 Montana Aa1/AA/AA+ 0.45 1.12 1.9 2.89 Nevada Aa2/AA/AA+ 0.49 1.14 1.93 2.93 Oregon Aa1/AA+/AA+ 0.45 1.08 1.78 2.77 Washington Aa1/AA+/AA+ 0.48 1.14 1.96 2.94 Wyoming NR/AAA/NR 0.45 1.11 1.81 2.78

1/21/2016 1/14/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 1 $38,335 -$38,335 California 13 664,710 8 705,015 -40,305 Hawaii 0 0 0 0 0 Idaho 0 0 0 0 0 Montana 0 0 0 0 0 Nevada 0 0 0 0 0 Oregon 0 0 1 6,135 -6,135 Washington 2 530,085 4 1,203,090 -673,005 Wyoming 0 0 0 0 0

Tuesday, January 26 Issuer St Description Amount

Monday, January 25 Issuer St Description Amount

Week Of January 25 Issuer St Description Amount

Friday, January 22 Issuer St Description Amount

CALIFORNIA

ALABAMA

Atlantic City officials will discuss the possibility of filing for bankruptcy protection at an emergency city council meeting.

Government

New York Mayor Bill de Blasio released his $82.1 billion preliminary budget that balances spending initiatives with possible state aid cuts and an economic downturn.

The Michigan Senate is expected next week to take up $28 million in emergency funding proposed by Gov. Rick Snyder to help Flint address its water contamination crisis.