News and Information from Bond Buyer

The Treasury Department said Monday it will sell $50 billion of four-week discount bills Tuesday.

In one of its largest deals in recent years, the Kansas Department of Transportation will issue $400 million of revenue bonds for its “T-Works” highway program.

Standard & Poor's Ratings Services said it has lowered its rating on Lincolnshire-Prairie View School District No. 103, Ill.'s series 2015A GO limited tax school bonds to AA-plus from AAA.

Puerto Rico Gov. Alejandro García Padilla announced Friday that he was replacing his chief of staff.

Indicator Last Report Forecast Actual Existing Home Sales Sept.: 5.55M Oct.: 5.40M Oct.: 5.36M

Existing home sales slid 3.4% to a seasonally adjusted 5.36 million-unit rate in October from an unrevised 5.55 million pace the previous month, the National Association of Realtors announced Monday.

Municipal bond traders are set for the quietest week of the year, with less than $1 billion of new supply slated to be priced.

The Chicago Fed National Activity Index for October improved to negative 0.04 from a revised negative 0.29 reading in September, while the three-month moving average (CFNAI-MA3) dipped to negative 0.20 from an upwardly revised negative 0.03 in September, the Federal Reserve Bank of Chicago reported Monday.

New York State Assemblyman Phillip Goldfeder, D-Queens, examines outer-borough growth and transit needs in New York City, as well as efforts to harden its water-exposed neighborhoods.

Nov. 23, 2015 Northeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Connecticut Aa3/AA/AA 0.37 1.64 2.6 3.54 Delaware Aaa/AAA/AAA 0.28 1.27 2.06 3.01 Maine Aa2/AA/AA 0.31 1.36 2.16 3.12 Maryland Aaa/AAA/AAA 0.3 1.33 2.11 3.02 Massachusetts Aa1/AA+/AA+ 0.32 1.34 2.22 3.19 New Hampshire Aa1/AA/AA+ 0.31 1.35 2.15 3.14 New Jersey A1/A/A 0.65 2.14 3.02 3.97 New York Aa1/AA+/AA+ 0.3 1.3 2.12 3.19 Pennsylvania Aa3/AA+/AA+ 0.5 1.69 2.59 3.54 Rhode Island Aa2/AA/AA 0.38 1.52 2.42 3.37 Vermont Aaa/AA+/AAA 0.3 1.31 2.09 3.03 Dist. of Columbia Aa1/AA/AA 0.34 1.4 2.27 3.23 Puerto Rico Caa3/CC/CC 13.3 15.29 11.32 8.52

11/20/2015 11/13/2015 State # Iss Amount ($000s) # Iss Amount ($000s) Chg in Amt ($000s) Connecticut 2 $63,185 5 $721,745 ($658,560) Delaware 0 0 0 0 0 Maine 0 0 1 26,265 -26,265 Maryland 1 325,000 8 1,083,360 -758,360 Massachusetts 2 28,895 10 1,028,945 -1,000,050 New Hampshire 0 0 2 69,323 -69,323 New Jersey 8 91,417 8 800,957 -709,540 New York 15 1,233,932 16 869,343 364,589 Pennsylvania 9 68,680 10 139,010 -70,330 Rhode Island 0 0 1 24,980 -24,980 Vermont 1 7,000 1 7,000 0 District of Columbia 1 97,745 1 97,745 0 Puerto Rico 1 750,000 1 750,000 0

Monday, November 23 Issuer St Description Amount

Monday, November 23 Issuer St Description Amount

Week Of November 30 Issuer St Description Amount

Week Of November 23 Issuer St Description Amount

INDIANA

CALIFORNIA

Day Indicator Last Report Forecast Monday Existing Home Sales Sept.: 5.55M Oct.: 5.40M Tuesday GDP Q2: +3.9% Q3: +2.0% Tuesday Final Sales Q2: +3.9% Q3: +3.0% Tuesday Consumer Confidence Oct.: 97.6 Nov.: 99.5 Wednesday Durable Goods Sept.: -1.2% Oct.: +1.5% Wednesday Durable Goods ex Trans Sept.: -0.4% Oct.: +0.3% Wednesday Initial Claims 11/14: 271,000 11/21: 270,000 Wednesday Continuing Claims 11/7: 2.175M 11/14: 2.164M Wednesday Personal Income Sept.: +0.1% Oct.: +0.4% Wednesday Consumption Sept.: +0.1% Oct.: +0.3% Wednesday Core PCE Prices Sept.: +0.1% Oct.: +0.2% Wednesday Michigan Sentiment Oct.: 90.0 Nov.: 93.0 Wednesday Current Conditions Oct.: 102.3 Nov.: n/a Wednesday Expectations Oct.: 82.1 Nov.: 85.7 Wednesday New Home Sales Sept.: 468,000 Oct.: 500,000

The Securities and Exchange Commission has obtained an emergency freeze of the assets of an Atlanta-based businessman and filed a lawsuit charging him and his associates with fraud for misusing investor proceeds that were intended to be used to purchase and renovate senior living facilities.

Two Senators have introduced a bipartisan bill that would allow tax-exempt private-activity bonds to be used to help power plants and industrial facilities finance projects to capture and store carbon dioxide.