News and Information from Bond Buyer

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

Puerto Rico banking firm OFG Bancorp said its subsidiary Oriental Bank was placing a $200 million line of credit with the Puerto Rico Electric Power Authority on non-accrual status.

Los Angeles Unified School District officials stand behind their disclosure after the U.S. Securities and Exchange Commission opened an informal inquiry into the district’s compliance with legal guidelines in the use of bond proceeds to buy iPad tablets.

Standard & Poor's converted its positive outlook on Utah Transit Authority to a one-notch upgrade to A-Plus on April 17, citing the authority's improved coverage ratios after a January refunding.

Standard & Poor's Ratings Services said it lowered its underlying rating on the Menominee Area Public Schools, Mich.'s series 2009 limited-tax general obligation bonds to BBB from BBB-plus.

Standard & Poor's Ratings Services said it lowered its long-term rating and underlying rating on Elmira, N.Y.'s general obligation debt one notch to A-minus from A.

Standard & Poor's Ratings Services said it raised its rating on Pewaukee School District, Wis.' outstanding general obligation notes to AA from AA-minus.

Standard & Poor's Ratings Services said it raised its long-term rating and underlying rating (SPUR) to A-plus from A on Utah Transit Authority's subordinate-lien sales tax revenue bonds outstanding and removed the ratings from CreditWatch with positive implications.

Texas Health Resources, the operator of a Dallas hospital that received international news coverage for its handling of an Ebola case, goes to market with $360 million of bonds after a Moody's upgrade.

Stressing that data will determine when the Federal Open Market Committee will start the normalization process by raising rates, Federal Reserve Bank of New York President and Chief Executive Officer William C. Dudley said Monday, "hopefully, the data support a decision to lift off later this year."

The Chicago Fed National Activity Index for March slipped to negative 0.42 from a revised negative 0.18 reading in February, while the three-month moving average (CFNAI-MA3) dropped to negative 0.27 from a revised negative 0.12 in February, the Federal Reserve Bank of Chicago reported Monday.

Monday, April 20 Issuer St Description Amount

Monday, April 20 Issuer St Description Amount

Week Of April 20 Issuer St Description Amount

Week Of April 20 Issuer St Description Amount

Day Indicator Last Report Forecast Wednesday Existing Home Sales Feb. 4.880M March: 5.030M Thursday Initial Jobless Claims 4/11: 294,000 4/18: 290,000 Thursday Continuing Claims 4/4: 2.268M 4/11: 2.295M Thursday New Home Sales Feb.: 539,000 March: 510,000 Friday Durable Goods Feb.: -1.4% March: +0.6% Friday Durable Goods ex-trans Feb.: -0.4% March: +0.4%

Apr. 20, 2015 Northeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Connecticut Aa3/AA/AA 0.23 1.47 2.33 3.21 Delaware Aaa/AAA/AAA 0.18 1.21 1.92 2.81 Maine Aa2/AA/AA 0.2 1.26 2.02 2.93 Maryland Aaa/AAA/AAA 0.19 1.24 1.95 2.83 Massachusetts Aa1/AA+/AA+ 0.21 1.3 2.11 3.01 New Hampshire Aa1/AA/AA+ 0.19 1.26 2.05 2.91 New Jersey A1/A/A 0.36 1.87 2.8 3.66 New York Aa1/AA+/AA+ 0.19 1.23 1.99 2.99 Pennsylvania Aa3/AA+/AA+ 0.24 1.59 2.38 3.31 Rhode Island Aa2/AA/AA 0.24 1.4 2.24 3.17 Vermont Aaa/AA+/AAA 0.19 1.23 1.99 2.86 Dist. of Columbia Aa1/AA/AA 0.22 1.35 2.15 3.08 Puerto Rico B2/BB/BB+ 8.19 10.22 9.54 8.18

CALIFORNIA

ALABAMA

4/17/2015 4/10/2015 State # Iss Amount ($000s) # Iss Amount ($000s) Chg in Amt ($000s) Connecticut 3 $344,320 2 $10,690 $333,630 Delaware 1 50,115 0 0 50,115 Maine 2 11,435 4 11,690 -255 Maryland 2 149,680 1 12,970 136,710 Massachusetts 3 11,682 6 42,568 -30,886 New Hampshire 1 20,405 0 0 20,405 New Jersey 4 141,920 6 193,554 -51,634 New York 8 796,330 17 2,728,031 -1,931,701 Pennsylvania 11 407,670 12 609,500 -201,830 Rhode Island 2 744,050 3 640,655 103,395 Vermont 0 0 0 0 0 District of Columbia 0 0 0 0 0 Puerto Rico 0 0 0 0 0