News and Information from Bond Buyer

The Treasury Department said Thursday it will auction $24 billion 91-day bills and $24 billion 182-day discount bills Monday.

Indicator Last Report Forecast Actual Initial Jobless Claims 3/28: 267,000 4/4: n/a 4/4: 281,000 Continuing Claims 3/21: 2.327M 3/28: n/a 3/28: 2.304M Wholesale Inventories Jan.: +0.4% Feb.: +0.2% Feb.: +0.3% Wholesale Sales Jan.: -3.6% Feb.: +0.1% Feb.: -0.2%

Wholesale inventories increased 0.3% in February, the Commerce Department reported Thursday. Wholesale sales dropped 0.2%.

The municipal bond market on Thursday was awaiting the pricing of the last of the week's large new issues. On Wednesday, top-shelf municipal bond yields moved higher as a slew of new issues came to market.

Thursday, April 9 Issuer St Description Amount

Thursday, April 9 Issuer St Description Amount

Week Of April 13 Issuer St Description Amount

Week Of April 6 Issuer St Description Amount

ALABAMA

ARKANSAS

Government

Governor Pat McCrory signed a bill authorizing North Carolina Eastern Municipal Power Agency's asset sale to Duke Energy.

Declining state support and flat enrollment prompted Moody's Investors Service to cast a negative outlook on Kansas State University's upcoming sale of $61.7 million of revenue bonds rated Aa2.

The film and television industry generated more than a half billion in economic activity for Long Island's Nassau County in 2013 and 2014, according to a new report.

With some maturities oversubscribed by a factor of five, the North Texas Tollway Authority recorded net present value savings of nearly $90 million or 10% on an $866.5 million refunding, according to chief financial officer Horatio Porter.

Chicago Mayor Rahm Emanuel has little time to savor his election victory as the city and the municipal market look for solutions to the city's daunting financial problems.

Prices of top-quality municipal bonds finished weaker on Wednesday, traders said, as a bevy of new offerings sold, topped by the biggest deal of the week — the North Texas Tollway Authority's $866.52 million of revenue bonds.

Assured Guaranty and its subsidiaries Assured Guaranty Re Ltd. and Assured Guaranty Re Overseas Ltd. announced that effective today at Assured's request, Moody's Investors Service has withdrawn the insurance financial strength ratings it assigned to AG Re and AGRO.

Moody's Investors Service said it has downgraded the rating on the city of Storm Lake, Iowa's outstanding general obligation debt to A2 from A1, and the rating on the city's GO debt subject to annual appropriation to Baa1 from A3.

Counterparty Wells Fargo has so far refused to lower the rating threshold for three Chicago swaps that reached termination events through recent downgrades, a source said.