News and Information from Bond Buyer

Service sector activity "slowed in March compared to a month earlier," according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing activity in the central Atlantic region "activity declined in March," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index slid to negative 8 in March from 0 in February.

Several of the week's big issues are scheduled to come to market Tuesday as municipal bond traders await a second day of new supply.

Standard & Poor's negative outlook on Connecticut's debt could foreshadow even more adverse credit actions unless the state fixes its deficit problems, said one lawmaker.

Within two to three months Ipreo will serve as point of origination for CUSIP requests, the companies said.

Tuesday, March 24 Issuer St Description Amount

Tuesday, March 24 Issuer St Description Amount

Week Of March 23 Issuer St Description Amount

FLORIDA

ARKANSAS

Mar. 24, 2015 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.23 1.37 2.24 3.08 Arkansas Aa1/AA/NR 0.18 1.25 2.03 2.86 Colorado Aa1/AA/NR 0.2 1.32 2.12 2.98 Kansas Aa1/AA+/NR 0.18 1.3 2.11 2.94 New Mexico Aaa/AA+/NR 0.18 1.26 2.02 2.87 Oklahoma Aa2/AA+/AA+ 0.21 1.33 2.14 2.98 Texas Aaa/AAA/AAA 0.19 1.26 2.05 2.9 Utah Aaa/AAA/AAA 0.18 1.21 1.94 2.76

3/23/2015 3/16/2015 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 4 $138,830 5 $197,240 -$58,410 Arkansas 1 16,840 1 11,425 5,415 Colorado 2 48,555 1 3,055 45,500 Kansas 9 449,235 4 8,250 440,985 New Mexico 1 12,500 4 364,700 -352,200 Oklahoma 21 103,965 9 207,235 -103,270 Texas 52 1,725,022 44 1,087,996 637,026 Utah 6 325,210 1 11,170 314,040

Government

In a letter to the National Governor’s Association, Kentucky’s Mitch McConnell urged states not to implement the EPA’s Clean Power Plan until it is tested in court.

Missouri lawmakers are advancing legislation that makes clear legislative and voter authority over any borrowing, a move prompted by questions over whether Gov. Jay Nixon’s bonding proposal for a new St. Louis Rams professional football stadium requires a vote.

Moody’s Investors Service placed Steele County, Minn.’s ratings on review for a possible downgrade as several enterprise fund commitments strain its books.

Chicago area transit systems face service cuts or higher fares if state funding is slashed as proposed by Gov. Bruce Rauner in his fiscal 2016 budget now before the General Assembly.

York, Pa., needs $10 million by Dec. 31 to meet its minimum pension payment obligations, said Pennsylvania Auditor General Eugene DePasquale.

Prices of top-rated municipal bonds finish unchanged on Monday, according to traders, halting the downward trend in yields that began last week after the Federal Open Market Committee meeting. Meanwhile, traders are awaiting the week’s new volume, which is estimated to come in at $8.9 billion.

A forbearing bondholder of the Puerto Rico Electric Power Authority is hopeful about PREPA’s future and is prepared to lend it more money.