News and Information from Bond Buyer

Maverick County, Texas, faces an uncertain future after losing the operator of its $42 million private detention center that defaulted on its debt amid a federal corruption investigation and missing audits.

The head of Wayne County, Mich., home of Detroit, has unveiled a recovery plan with deep cuts – including wiping out retiree health care – in an effort to avoid bankruptcy.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.020% high rate, down from 0.025% the prior week, and the six-months incurred a 0.095% high rate, up from 0.090% the week before.

Prices of top-rated municipal bonds were steady at mid-session, traders said, as the market prepares to take on a smaller slate of new issues this week, topped off by a $550 million sale from Massachusetts.

The Treasury Department said Monday it will sell $30 billion of four-week discount bills Tuesday.

The U.S. state sector could be approaching a period of credit rating volatility, Standard & Poor's Ratings Services says.

Texas factory activity, as measured by the production index, "declined in April," according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Monday.

Harrisburg, Pa., has settled with its former attorney, Mark Schwartz, agreeing to pay him $80,000.

Standard & Poor's Ratings Services said it has lowered its general obligation (GO) rating on the commonwealth of Puerto Rico to CCC-plus from B.

Standard & Poor's Ratings Services said it has lowered its rating on Puerto Rico Electric Power Authority's (PREPA) power revenue bonds to CCC-minus from CCC.

Colorado's $25 billion state budget is already signed, but lawmakers still have other bills to resolve before the imminent end of their session including a proposal to authorize $3.5 billion of tax revenue anticipation notes for highway projects.

Monday, April 27 Issuer St Description Amount

Monday, April 27 Issuer St Description Amount

Week Of April 27 Issuer St Description Amount

Day Indicator Last Report Forecast Tuesday Consumer Confidence March: 101.3 April: 102.5 Wednesday GDP Q3: +5.0% Q1: +1.0% Wednesday Final Sales Q3: +5.0% Q1: +1.4% Wednesday Pending Home Sales Feb.: +3.1% March: +1.2% Thursday Employment Cost Index Q4: +0.6% Q1: +0.6% Thursday Initial Jobless Claims 4/18: 295,000 4/25: 290,000 Thursday Continuing Claims 4/11: 2.325M 4/18: 2.300M Thursday Personal Income Feb.: +0.4% March: +0.3% Thursday Consumption Feb.: +0.1% March: +0.5% Thursday Core PCE Prices Feb.: +0.1% March: +0.2% Thursday Chicago PMI March: 46.3 April: 50.0 Friday Constuction Spending Feb.: -0.1% March: +0.5% Friday ISM Manufacturing PMI March: 51.5 April: 52.0 Friday Michigan Sentiment March: 93.0 April: 96.0 Friday Current Conditions March: 105.0 April: 108.3 Friday Expectations March: 85.3 April: 88.1

OKLAHOMA

ALABAMA

Apr. 27, 2015 Northeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Connecticut Aa3/AA/AA 0.24 1.54 2.38 3.3 Delaware Aaa/AAA/AAA 0.18 1.24 1.99 2.9 Maine Aa2/AA/AA 0.2 1.29 2.09 3.02 Maryland Aaa/AAA/AAA 0.19 1.27 2.02 2.92 Massachusetts Aa1/AA+/AA+ 0.21 1.33 2.18 3.1 New Hampshire Aa1/AA/AA+ 0.19 1.29 2.12 3 New Jersey A1/A/A 0.41 1.95 2.89 3.78 New York Aa1/AA+/AA+ 0.19 1.26 2.06 3.08 Pennsylvania Aa3/AA+/AA+ 0.24 1.62 2.45 3.4 Rhode Island Aa2/AA/AA 0.26 1.45 2.31 3.26 Vermont Aaa/AA+/AAA 0.19 1.26 2.06 2.95 Dist. of Columbia Aa1/AA/AA 0.24 1.38 2.22 3.17 Puerto Rico B2/BB/BB+ 8.19 10.25 9.61 8.37

4/24/2015 4/17/2015 State # Iss Amount ($000s) # Iss Amount ($000s) Chg in Amt ($000s) Connecticut 2 $27,610 3 $344,320 -$316,710 Delaware 0 0 1 50,115 -50,115 Maine 2 68,215 2 11,435 56,780 Maryland 0 0 2 149,680 -149,680 Massachusetts 3 90,174 3 11,682 78,492 New Hampshire 2 135,030 1 20,405 114,625 New Jersey 6 26,315 4 141,920 -115,605 New York 13 299,343 8 796,330 -496,987 Pennsylvania 12 247,325 11 407,670 -160,345 Rhode Island 1 593,655 2 744,050 -150,395 Vermont 0 0 0 0 0 District of Columbia 0 0 0 0 0 Puerto Rico 0 0 0 0 0

Standard & Poor’s downgraded the Puerto Rico Electric Power Authority to CCC-minus from CCC, saying that a default seemed inevitable within six months.