News and Information from Bond Buyer

While the intricate funding details for New York MTA’s five-year capital program are new, the backdrop had a familiar ring.

Sheelagh Flanagan, a top executive at Build America Mutual since the bond insurer's inception in 2012, has left her position of head of the western region.

Municipal bond traders on Friday were looking ahead to next week’s issue slate after an action-packed three days following Columbus Day.

The University of Michigan's preliminary October consumer sentiment index reading was 92.1, compared to the final September 87.2, and the preliminary September 85.7, according to market sources.

Industrial production declined 0.2% in September, the Federal Reserve reported Friday.

Oct. 16, 2015 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aaa/AAA/AAA 0.23 1.26 2.11 3.16 California Aa3/A/A 0.23 1.2 2.01 3.05 Hawaii Aa2/AA/AA 0.25 1.3 2.21 3.26 Idaho Aa1/AA+/AA+ 0.23 1.3 2.19 3.25 Montana Aa1/AA/AA+ 0.23 1.29 2.2 3.27 Nevada Aa2/AA/AA+ 0.27 1.31 2.21 3.31 Oregon Aa1/AA+/AA+ 0.23 1.25 2.1 3.16 Washington Aa1/AA+/AA+ 0.26 1.32 2.25 3.35 Wyoming NR/AAA/NR 0.23 1.28 2.11 3.16

10/15/2015 10/8/2015 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 1 $55,710 1 $55,710 $0 California 20 1,592,845 16 885,340 707,505 Hawaii 1 747,000 0 0 747,000 Idaho 0 0 1 30,000 -30,000 Montana 0 0 0 0 0 Nevada 1 85,000 5 344,875 -259,875 Oregon 0 0 0 0 0 Washington 3 465,405 4 104,700 360,705 Wyoming 0 0 0 0 0

Monday, October 19 Issuer St Description Amount

Monday, October 19 Issuer St Description Amount

Friday, October 16 Issuer St Description Amount

ARKANSAS

CALIFORNIA

Government

Municipal bond funds reported inflows for the second week in a row, according to Lipper data released on Thursday. Weekly reporting funds experienced $520.807 million of inflows in the week ended Oct. 14, after inflows of $714.012 million in the previous week, Lipper said.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, stayed the same at 4.37% from the week ended Oct. 8.

The Manhattan Municipal Building at 1 Centre St. was renamed the David N. Dinkins Municipal Building, in honor of New York’s first African-American mayor.

Analysts and bankers questioned the feasibility of a proposal to use a debt exchange to restructure Puerto Rico’s bonds that is under discussion by Treasury Department and territory officials.

Officials at major U.S. ports, speaking at an infrastructure summit, said they are receptive to exploring private-public partnerships as a funding source to meet infrastructure needs.

The economy can handle a rate hike and such a move is “appropriate,” Federal Reserve Bank of Cleveland President and CEO Loretta J. Mester said Thursday.

West Virginia’s credit outlook has turned negative due to pressures from energy sector layoffs and the state’s rising unemployment rate, according to Moody's Investors Service.