News and Information from Bond Buyer

Michigan Gov. Rick Snyder signed legislation designed to ease Detroit's first post-bankruptcy appearance in the debt market.

Initial jobless claims gained 1,000 to 295,000 in the week ended April 18, the Labor Department said Thursday.

Apr. 23, 2015 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.19 1.27 2.06 2.96 Florida Aa1/AAA/AAA 0.23 1.32 2.1 3.03 Georgia Aaa/AAA/AAA 0.19 1.22 1.96 2.86 Kentucky Aa2/AA+/AA+ 0.22 1.35 2.16 3.08 Louisiana Aa2/AA/AA 0.22 1.4 2.24 3.16 Mississippi Aa2/AA/AA+ 0.22 1.33 2.16 3.04 North Carolina Aaa/AAA/AAA 0.19 1.22 1.96 2.86 South Carolina Aaa/AA+/AAA 0.19 1.24 1.99 2.89 Tennessee Aaa/AA+/AAA 0.19 1.24 1.99 2.88 Virginia Aaa/AAA/AAA 0.19 1.21 1.94 2.84 West Virginia Aa1/AA/AA+ 0.22 1.3 2.07 3.01

4/22/2015 4/15/2015 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 3 $76,100 3 $200,275 ?124,175 Florida 8 957,460 7 660,985 296,475 Georgia 3 59,420 4 177,570 -118,150 Kentucky 8 199,740 5 44,030 155,710 Louisiana 1 15,935 3 46,100 -30,165 Mississippi 0 0 0 0 0 North Carolina 4 189,615 6 287,440 -97,825 South Carolina 3 102,590 2 42,185 60,405 Tennessee 6 160,445 10 272,045 -111,600 Virginia 7 667,430 8 835,995 ?168,565 West Virginia 4 65,620 2 152,440 -86,820

Thursday, April 23 Issuer St Description Amount

Thursday, April 23 Issuer St Description Amount

Week Of April 20 Issuer St Description Amount

ALASKA

ALABAMA

Government

The Minnesota Senate passed legislation banning state taxpayer aid for a proposed $120 million open-air Major League soccer stadium in Minneapolis.

The Art Institute of Chicago said it’s received the largest gift ever in a 42 piece collection valued in published reports at $400 million.

Prices of top-rated municipal bonds finished weaker on Wednesday, traders said, with yields on some maturities rising by as much as five basis points.

A proposal to relieve Detroit Public Schools of a big chunk of its bond debt could increase education costs statewide, a public policy group warns.

After years of official skepticism, publicly funded studies in Texas and Oklahoma cite oil and gas industry activity as the probable cause of earthquakes in the two states.

Muni managers are earning attractive yields from lower quality bonds and minimizing their exposure to the long end of the yield curve.

Gov. Charlie Baker, acting on several recommendations by a special panel, filed legislation to establish a fiscal control board to run the Massachusetts Bay Transportation Authority.

The Florida Hurricane Catastrophe Fund plans to finance a portion of its liquidity needs by issuing $1.2 billion in taxable municipal bonds.

An economic study says Maryland’s proposed $2.45 billion Purple Line light rail would boost area’s income and job opportunities.