News and Information from Bond Buyer

As Atlantic City's once thriving gambling industry deteriorates in the face of increased regional competition, some New Jersey lawmakers say the way to keep betting revenue in the Garden State is to authorize casinos near New York.

The Government Finance Officers Association is calling for changes in the Municipal Securities Rulemaking Board's core conduct rule for municipal advisors to reduce the costs and burdens for issuers.

The municipal bond market on Friday is looking ahead to next week’s $8.69 billion supply slate, which is topped by a $1.4 billion note sale from the city of Los Angeles in the short-term sector and a $939 million Massachusetts general obligation bond sale on the long-term calendar.

Friday, June 19 Issuer St Description Amount

Friday, June 19 Issuer St Description Amount

Week Of June 22 Issuer St Description Amount

Friday, June 19 Issuer St Description Amount

Indicator Last Report Forecast Actual CPI April: +0.1% May: +0.5% May: +0.4% CPI Core April: +0.3% May: +0.2% May: +0.1% Current Account Q4: -$113.5B Q1: n/a Q1: -$113.3B Initial Jobless Claims 6/6: 279,000 6/13: 276,000 6/13: 267,000 Continuing Claims 5/30: 2.265M 6/6: 2.225M 6/6: 2.222M Philly Fed Manufacturing May: 6.7 June: 8.0 June: 15.2 Leading Indicators April: +0.7% May: +0.4% May: +0.7%

Jun. 19, 2015 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aaa/AAA/AAA 0.29 1.51 2.37 3.35 California Aa3/A/A 0.32 1.56 2.56 3.52 Hawaii Aa2/AA/AA 0.33 1.6 2.48 3.48 Idaho Aa1/AA+/AA+ 0.29 1.57 2.47 3.46 Montana Aa1/AA/AA+ 0.29 1.56 2.48 3.48 Nevada Aa2/AA/AA+ 0.35 1.65 2.53 3.55 Oregon Aa1/AA+/AA+ 0.29 1.52 2.39 3.4 Washington Aa1/AA+/AA+ 0.32 1.57 2.53 3.55 Wyoming NR/AAA/NR 0.29 1.55 2.39 3.37

CALIFORNIA

ALABAMA

6/18/2015 6/11/2015 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 0 $0 $0 California 21 858,730 18 445,265 413,465 Hawaii 0 0 0 0 0 Idaho 0 0 1 41,075 -41,075 Montana 0 0 0 0 0 Nevada 0 0 0 0 0 Oregon 0 0 2 25,705 -25,705 Washington 9 385,325 5 86,840 298,485 Wyoming 0 0 0 0 0

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased two basis points to 4.45% for the week ended June 18 from 4.47% in the previous week.

Puerto Rico Gov. Alejandro García Padilla is seeking immunity for the leadership and staff of the Government Development Bank in preparation for a possible debt crisis.

For the seventh week in a row, municipal bond funds reported outflows, bringing to 10 out of 25 weeks this year the funds have suffered cash withdrawals.

Moody’s Investors Service maintained a negative outlook after downgrading Polk County, Texas, to A2 from A1. Analysts cite the county’s dependence on oil and gas and loss of revenue from a private jail that defaulted on its debt.

The Minnesota Vikings and U.S. Bank have struck a 20-year naming rights agreement on the National Football League team’s new publicly subsidized stadium that opens next year.

Standard & Poor's lowered the bond ratings of Virginia’s Sweet Briar College further into junk territory June 18 due to the legal efforts to keep the institution open.

Illinois’ Democrats and Republicans heaped praise on retiring Auditor General William Holland for his office’s independence analysis.

Prices of top-rated municipal bonds closed mostly lower on Thursday, traders said. In the primary, Wayne County, Mich., postponed its $187 million note deal while the New York MTA sold its $500 million notes in the competitive arena.