News and Information from Bond Buyer

David D. Hart, former Denver Public Schools chief financial officer and senior vice president of D.A. Davidson, has joined Public Financial Management as an advisor, the company said.

A Florida developer and a Southern New Jersey university are looking to spearhead a renaissance in Atlantic City.

The composite index of Leading Economic Indicators was up 0.2% in March following a revised 0.1% rise in February, first reported as a 0.2% gain, the Conference Board reported Friday.

The University of Michigan's preliminary April consumer sentiment index reading was 95.9, compared to the final March 93.0, and the preliminary March 91.2, according to market sources.

Traders of municipal bonds were taking a breather on Friday as they look ahead to next week's spate of new supply, topped off by big deals from Far West issuers.

Monday, April 20 Issuer St Description Amount

Monday, April 20 Issuer St Description Amount

Friday, April 17 Issuer St Description Amount

Friday, April 17 Issuer St Description Amount

ALABAMA

Apr. 17, 2015 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aaa/AAA/AAA 0.19 1.26 2.03 2.87 California Aa3/A/A 0.22 1.31 2.25 3.17 Hawaii Aa2/AA/AA 0.22 1.34 2.12 3.02 Idaho Aa1/AA+/AA+ 0.19 1.32 2.12 3.01 Montana Aa1/AA/AA+ 0.19 1.31 2.13 3.03 Nevada Aa2/AA/AA+ 0.22 1.4 2.18 3.08 Oregon Aa1/AA+/AA+ 0.19 1.27 2.04 2.97 Washington Aa1/AA+/AA+ 0.21 1.34 2.18 3.1 Wyoming NR/AAA/NR 0.19 1.3 2.04 2.92

CALIFORNIA

4/16/2015 4/9/2015 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 0 $0 $0 California 15 1,341,990 23 912,190 429,800 Hawaii 0 0 0 0 0 Idaho 1 33,905 0 0 33,905 Montana 0 0 1 9,765 ?9,765 Nevada 0 0 1 30,000 ?30,000 Oregon 3 367,000 7 379,600 ?12,600 Washington 13 1,314,925 4 86,400 1,228,525 Wyoming 0 0 0 0 0

Government

Moody's Investors Service has downgraded New Jersey's general obligation bonds to A2 from A1. The outlook is negative. The ratings on the state's appropriation-backed, other GO-related debt, and intercept programs have also been lowered one notch.

Rice University took advantage of low interest rates in the taxable market with $700 million of triple-A taxable bonds, including $100 million for new money.

For the week ended April 16, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased one basis point to 4.23% from 4.22% in the week ended April 9.

The Securities and Exchange Commission has charged a New York City-based financial advisor with fraud, saying he stole at least $20 million from customers who were told their money would be invested in municipal bonds when it actually evaporated in riskier trades.

The Metropolitan Pier and Exposition Authority, which owns the Chicago’s convention center, has hired planning veteran and mayoral aide Lori Healey as chief executive officer.

Prices of top-rated municipal bonds finished mixed on Thursday, according to bond traders, as yields on some longer-dated maturities rose by one basis point. The New York City Transitional Finance Authority’s $650 million deal was priced for institutions and its $200 million offering sold in the competitive arena.