News and Information from Bond Buyer

The overall economy grew for the seventieth straight time, while the manufacturing sector expanded for the twenty-seventh consecutive month, the Institute for Supply Management reported Wednesday.

Construction spending decreased 0.1% in February, the Commerce Department said Wednesday, and is 2.1% above the February 2014 level.

Traders were awaiting more supply on Wednesday after a hefty bunch of new deals were priced in the primary on Tuesday.

A day after the dedication of its new $1 billion hospital, Standard & Poor's downgraded Dallas' Parkland Health and Hospital System one notch to AA.

Private-sector employment increased by 189,000 in March, on a seasonally adjusted basis, ADP reported Wednesday.

Wednesday, April 1 Issuer St Description Amount

Wednesday, April 1 Issuer St Description Amount

Week Of March 30 Issuer St Description Amount

Apr. 1, 2015 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois A3/A+/A+ 0.69 2.51 3.47 4.37 Indiana Aaa/AAA/AA+ 0.19 1.3 2.08 2.92 Iowa Aaa/AAA/AAA 0.19 1.31 2.08 2.92 Michigan Aa2/AA/AA 0.22 1.39 2.24 3.1 Minnesota Aa1/AA+/AA+ 0.19 1.27 2.01 2.83 Missouri Aaa/AAA/AAA 0.19 1.25 1.99 2.83 Nebraska NR/AAA/NR 0.19 1.32 2.13 3 North Dakota Aa1/AA+/NR 0.2 1.35 2.15 3 Ohio Aa1/AA+/AA+ 0.21 1.36 2.12 2.98 South Dakota NR/AA+/AA+ 0.21 1.34 2.16 3.02 Wisconsin Aa2/AA/AA 0.22 1.35 2.15 3

CONNECTICUT

ALABAMA

3/31/2015 3/24/2015 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 9 $627,653 10 $106,690 520,963 Indiana 8 438,410 10 215,930 222,480 Iowa 7 64,960 8 39,240 25,720 Michigan 1 43,000 5 114,695 ?71,695 Minnesota 32 355,790 28 251,170 104,620 Missouri 2 30,610 2 19,335 11,275 Nebraska 0 0 0 0 0 North Dakota 1 9,445 2 24,335 ?14,890 Ohio 7 285,855 10 159,190 126,665 South Dakota 0 0 1 17,555 ?17,555 Wisconsin 14 187,710 22 235,715 ?48,005

Government

FEMA is providing its largest grant ever -- $3 billion—to the New York City Housing Authority to repair and protect 33 developments severely damaged during Hurricane Sandy.

Las Vegas Monorail bondholders have until April 7 to take advantage of an Ambac tender offer that offers a better-than-anticipated recovery.

Puerto Rico officials voiced optimism Monday and Tuesday about recent developments with the Commonwealth’s debt and budget.

Prices on top-quality municipal bonds finished unchanged on Tuesday, traders said, as a slew of new deals hit the screens, topped by the institutional pricing of the New York City Municipal Water Finance Authority’s $451 million offering.

A New York City agency failed to properly monitor contractors after Hurricane Sandy and paid $6.8 million to them for flawed or incomplete, Comptroller Scott Stringer said in an audit.

Standard & Poor's Ratings Services said it lowered its long-term rating and underlying rating to AA-minus from AA on Georgia Private College & University Authority's outstanding revenue debt, issued for Agnes Scott College.

Standard & Poor's Rating Services said it lowered its underlying rating to A-minus from A on Whitmore Lake Public School District, Mich.'s outstanding general obligation debt.