News and Information from Bond Buyer

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.015% high yield, a price of 99.998833.

An authority can have additional time to spend proceeds of its qualified zone academy bonds after there were “unforeseen circumstances” such as contractor disputes, permitting delays and development plan changes, the Internal Revenue Service has ruled.

Standard & Poor's downgraded revenue bonds for the North Kern Water Storage District, Calif. to A-plus on volatile financial performance.

Moody's Investors Service lowered its general obligation bond ratings for Clarendon Hospital District, S.C., to Baa2 because of its narrow cash position.

New York's Suffolk County is planning a 2016 capital budget that lessens borrowing thanks to state and federal assistance.

Texas power producers can expect weakening demand in 2015 as they cope with new federal regulations and falling prices, according to Standard & Poor’s.

Connecticut's projected general fund deficit is $121.2 million, nearly $12 million better than last month, said budget director Benjamin Barnes.

Data from the U.S. Treasury on State and Local Government Series Securities indicate the amount of pre-refunded bonds outstanding may be shrinking.

Standard & Poor's Ratings Services said it raised its underlying rating to A-minus from BBB-minus on San Ysidro School District, Calif.'s general obligation bonds outstanding and raised its SPUR to BBB-plus from BB-plus on the district's certificates of participation outstanding.

The region's non-manufacturing sector slumped in April, as the general business conditions index dropped to 41.0 from 48.8 in March, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Standard & Poor's Ratings Services said it lowered its long-term rating on North Kern/Cawelo Financing Authority, Calif.'s water revenue bonds to A-plus from AA-minus.

Municipal bond traders were awaiting big offerings from California, Phoenix and the Chicago Schools, all set for sale Tuesday.

Apr. 21, 2015 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.24 1.38 2.24 3.15 Arkansas Aa1/AA/NR 0.19 1.27 2.03 2.93 Colorado Aa1/AA/NR 0.21 1.33 2.12 3.05 Kansas Aa1/AA+/NR 0.19 1.31 2.11 3.01 New Mexico Aaa/AA+/NR 0.19 1.28 2.03 2.94 Oklahoma Aa2/AA+/AA+ 0.22 1.34 2.14 3.05 Texas Aaa/AAA/AAA 0.21 1.31 2.1 3 Utah Aaa/AAA/AAA 0.19 1.21 1.94 2.83

4/20/2015 4/13/2015 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 5 $449,860 2 $74,785 $375,075 Arkansas 3 17,285 8 62,665 -45,380 Colorado 3 86,565 3 282,780 -196,215 Kansas 2 9,390 1 61,345 -51,955 New Mexico 3 11,300 5 75,080 -63,780 Oklahoma 25 77,970 16 63,685 14,285 Texas 56 1,356,585 52 1,231,688 124,897 Utah 2 110,420 1 61,710 48,710

Tuesday, April 21 Issuer St Description Amount

Tuesday, April 21 Issuer St Description Amount

Week Of April 20 Issuer St Description Amount

Week Of April 20 Issuer St Description Amount

CALIFORNIA

ILLINOIS