News and Information from Bond Buyer

Tuesday, August 18 Issuer St Description Amount

Week Of August 17 Issuer St Description Amount

Week Of August 17 Issuer St Description Amount

Indicator Last Report Forecast Actual Empire State Manufacturing July: 3.86 Aug.: 4.60 Aug.: 14.92 NAHB Housing Index July: 60 Aug.: 60 Aug.: 61

Aug. 18, 2015 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.32 1.53 2.5 3.39 Arkansas Aa1/AA/NR 0.27 1.42 2.33 3.21 Colorado Aa1/AA/NR 0.27 1.46 2.38 3.29 Kansas Aa1/AA+/NR 0.25 1.46 2.38 3.25 New Mexico Aaa/AA+/NR 0.25 1.4 2.29 3.19 Oklahoma Aa2/AA+/AA+ 0.29 1.49 2.4 3.29 Texas Aaa/AAA/AAA 0.27 1.44 2.36 3.23 Utah Aaa/AAA/AAA 0.25 1.35 2.2 3.07

KANSAS

NEBRASKA

8/17/2015 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 2 $43,355 1 $5,990 $37,365 Arkansas 5 74,905 7 177,280 -102,375 Colorado 2 6,000 0 0 6,000 Kansas 11 323,340 12 1,153,479 -830,139 New Mexico 0 0 3 46,310 -46,310 Oklahoma 1 3,565 1 40,120 -36,555 Texas 41 743,955 32 679,870 64,085 Utah 2 37,520 2 81,900 -44,380

Government

Puerto Rico’s July General Fund tax revenues were 3.5% higher than budgeted, according to the Puerto Rico Treasury Department.

Municipal bond prices finished unchanged to firmer on Monday, traders said, ahead of Tuesday’s $750 million bond sale by the Puerto Rico Aqueduct and Sewer Authority and Wednesday’s $245 million bond deal from the city of Detroit.

Moody’s Investors Service downgraded St. Louis one notch.

Car rental taxes collected for stadium bonds must be refunded after their use was found to violate the Arizona constitution, a Maricopa County Superior Court Judge Christopher Whitten has ruled.

The new fiscal control board that oversees Greater Boston’s mass transit system is tightening its oversight of commuter rail subcontractor Keolis.

The Vaccine & Gene Therapy Institute announced Friday that it will wind down operations by Oct. 1, leaving Port St. Lucie, Fla., on the hook for bond payments.

Two Citigroup companies agreed to pay $180 million on Monday to settle charges they defrauded investors by misrepresenting that investments in two now-defunct hedge funds were safe, low-risk and suitable for traditional bond investors.

Data relating to cities’ general funds show that cities appear to have rebounded from the credit crisis, a report from Merritt Research Services found.

Moody's Investors Service has revised its outlook on Wisconsin-based Mercy Alliance's A2 rating to negative from stable due to execution risks with the system's January merger with Rockford Health System.

Moody’s Investors Service labeled Wayne County, Mich.’s proposed consent agreement with the state a credit positive as efforts advance to deal with the county’s fiscal emergency.

Gas prices fell in Washington State despite a 7 cent per gallon increase in the state gasoline tax, AAA said.