News and Information from Bond Buyer

The Treasury Department said it will auction $29 billion seven-year notes on Thursday, Aug. 27.

The Treasury Department said Thursday it will auction $24 billion 92-day bills and $24 billion 182-day discount bills Monday.

Michigan is putting the word out to struggling municipalities that a $5 million grant program is available to help fund special projects that could help free up tax revenue for key services.

Puerto Rico's ongoing fiscal struggles could continue to have negative implications for rated colleges and universities in the commonwealth in the coming year as it has in the past, Standard & Poor's Ratings Services believes.

Puerto Rico's ongoing fiscal struggles could have negative credit implications for some health care providers on the island.

Indicator Last Report Forecast Actual Initial Jobless Claims 8/8: 273,000 8/15: 270,000 8/15: 277,000 Continuing Claims 8/1: 2.278M 8/8: 2.250M 8/8: 2.254M Existing Home Sales June: 5.48M July: 5.43M July: 5.59M Philly Fed Manufacturing July: 5.7 Aug.: 7.0 Aug.: 8.3 Leading Indicators June: +0.6% July: +0.2% July: -0.2%

Standard & Poor’s removed from credit watch and affirmed its A-plus rating on the West Covina Public Finance Authority, Calif.'s lease-revenue bonds after the city enacted improved internal controls.

The Investment Company Institute is urging the Municipal Securities Rulemaking Board to give 529 college savings plan underwriters another extension before they will have to file their first data submissions under a recently adopted rule.

The composite index of Leading Economic Indicators was down 0.2% in July following an unrevised 0.6% rise in May, the Conference Board reported Thursday.

The region's manufacturing sector expanded at a faster pace in August, as the general business conditions index climbed to 8.3 from 5.7 in July, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Existing home sales grew 2.0% to a seasonally adjusted 5.59 million-unit rate in July from a downwardly revised 5.48 million pace the previous month, the National Association of Realtors announced Thursday.

Gov. Tom Wolf and legislative leaders resumed negotiations Thursday that could break a seven-week stalemate over Pennsylvania's proposed $30 billion fiscal 2016 budget.

The municipal bond market will be quite attentive as the Puerto Rico Aqueduct and Sewer Authority's $750 million bond deal comes to market on Thursday.

Aug. 20, 2015 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.25 1.41 2.29 3.18 Florida Aa1/AAA/AAA 0.28 1.45 2.35 3.25 Georgia Aaa/AAA/AAA 0.25 1.36 2.21 3.07 Kentucky Aa2/AA+/AA+ 0.29 1.5 2.41 3.3 Louisiana Aa2/AA/AA 0.38 1.71 2.68 3.56 Mississippi Aa2/AA/AA+ 0.29 1.49 2.43 3.3 North Carolina Aaa/AAA/AAA 0.25 1.36 2.21 3.08 South Carolina Aaa/AA+/AAA 0.25 1.38 2.24 3.11 Tennessee Aaa/AA+/AAA 0.25 1.37 2.24 3.1 Virginia Aaa/AAA/AAA 0.24 1.35 2.2 3.07 West Virginia Aa1/AA/AA+ 0.28 1.42 2.34 3.23

8/19/2015 8/12/2015 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 2 $158,095 3 $17,240 140,855 Florida 7 543,875 8 524,115 19,760 Georgia 5 477,185 1 10,000 467,185 Kentucky 4 242,135 0 0 242,135 Louisiana 3 73,695 2 85,365 -11,670 Mississippi 2 62,295 3 106,295 -44,000 North Carolina 1 18,345 2 500,740 -482,395 South Carolina 3 80,735 3 24,855 55,880 Tennessee 1 15,000 1 2,000 13,000 Virginia 0 0 4 145,080 -145,080 West Virginia 3 38,830 0 0 38,830

Thursday, August 20 Issuer St Description Amount

Thursday, August 20 Issuer St Description Amount

Thursday, August 20 Issuer St Description Amount

Week Of August 17 Issuer St Description Amount

ARKANSAS