News and Information from Bond Buyer

Oct. 1, 2015 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.23 1.33 2.11 3.14 Florida Aa1/AAA/AAA 0.25 1.36 2.17 3.17 Georgia Aaa/AAA/AAA 0.23 1.28 2.03 3.03 Kentucky Aa2/AA+/AA+ 0.27 1.42 2.23 3.26 Louisiana Aa2/AA/AA 0.36 1.63 2.48 3.52 Mississippi Aa2/AA/AA+ 0.27 1.41 2.3 3.29 North Carolina Aaa/AAA/AAA 0.23 1.28 2.03 3.04 South Carolina Aaa/AA+/AAA 0.23 1.3 2.06 3.07 Tennessee Aaa/AA+/AAA 0.23 1.29 2.06 3.06 Virginia Aaa/AAA/AAA 0.22 1.27 2.02 3.03 West Virginia Aa1/AA/AA+ 0.26 1.34 2.16 3.19

9/30/2015 9/23/2015 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 0 $0 1 $26,685 -26,685 Florida 10 1,367,285 7 734,285 633,000 Georgia 2 18,215 2 81,500 -63,285 Kentucky 6 381,754 4 35,805 345,949 Louisiana 0 0 0 0 0 Mississippi 1 9,000 1 200,000 -191,000 North Carolina 0 0 0 0 0 South Carolina 2 35,610 3 43,940 -8,330 Tennessee 0 0 3 177,675 -177,675 Virginia 2 111,640 2 111,640 0 West Virginia 0 0 0 0 0

Thursday, October 1 Issuer St Description Amount

Thursday, October 1 Issuer St Description Amount

Week Of September 28 Issuer St Description Amount

CALIFORNIA

Government

North Carolina legislators passed the $2 billion Connect NC Bond Act before adjourning a record nine-month session on Wednesday.

The Illinois budget stalemate has left Chicago on the hook to cover monthly payments to the trustee on its motor fuel tax bonds because state transfers are trapped without a fiscal 2016 budget.

Municipal bond volume plunged 27% in September from a year earlier as concern over interest rates and holiday shortened trading sessions cut into issuance.

Prices of top-rated municipal bonds finished mostly steady on Wednesday, as a big wave of new issue supply washed over the market, topped off by four competitive sales totaling almost $900 million from Washington state.

As Jefferson County, Ala., defends its bankruptcy plan, the county must also clear new legal hurdles in order to return to the bond market later this year.

Facing a $3.5 billion deficit, Alaska Gov. Bill Walker is calling the state's legislature into special session Oct. 24 to discuss measures to monetize Alaska's untapped natural gas resources.

Sen. James Inhofe, R-Okla., asks the House to move quickly on multiyear transportation bill to avoid disruptions this fall.

Standard & Poor’s analysts say a recent bill to smooth the process of dissolving California’s agencies will have minimal effect on credit.

Milwaukee takes bids Thursday on $180 million of revenue anticipation notes to meet the cash flow needs of the city’s public school district as it awaits tax and aid payments.

Michigan Gov. Rick Snyder said this week the state plans to offer assistance to the city of Flint, which has faced serious drinking water pollution problems since breaking off from the Detroit Water and Sewerage Department last year.

Standard & Poor's Ratings Services said it raised its long-term rating to CCC-plus from CCC on debt issued for Franklin Pierce University (FPU) by New Hampshire Health & Educational Facilities Authority.

The Port Authority of New York and New Jersey has completed a $400 million modernization project at John F. Kennedy International Airport.

Prices of top-rated municipal bonds were unchanged at mid-session, as a wave of new issue supply hit the market on Wednesday, topped off by four competitive sales totaling $890 million from Washington state.