News and Information from Bond Buyer

Moody's Investors Service has assigned a Aaa rating to Leesburg, Va.'s $49 million general obligation and refunding bonds, Series 2015.

The Georgia Supreme Court affirmed the validation of $200 million in bonds for the Atlanta Falcons' new stadium on Monday.

Rep. Randy Hultgren said he has developed an appreciation for bonds as a result of his past experiences in both the public and private sectors.

Pennsylvania Gov. Tom Wolf's proposed $30 billion budget brings new ideas to the table but faces some stiff headwinds, capital markets observers said.

Three members of the Puerto Rico House of Representatives plan to propose legislation to open the door to restructuring the commonwealth's debt

Prices of top-rated municipal bonds were a bit stronger at mid-session, according to traders, ahead of this week's $8.2 billion new issue slate and the two-day meeting of the Federal Open Market Committee.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.040% high rate, up from 0.015% the prior week, and the six-months incurred a 0.145% high rate, up from 0.095% the week before.

The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.

A federal ruling against states may set a precedent for risky local spending on broadband, credit analysts said.

Indicator Last Report Forecast Actual Empire State Manufacturing Feb.: 7.78 March: 8.00 March: 6.90 Industrial Production Jan.: -0.3% Feb.: +0.2% Feb.: +0.1% Capacity Utilization Jan.: 79.1 Feb.: 79.5 Feb.: 78.9 NAHB Housing Index Feb.: 55 March: 56 March: 53

Moody's Investors Service lowered the Lower Colorado River Authority's rating to A2 from A1 as the water and electricity wholesaler prepared to refund $123 million of revenue bonds.

Builders' confidence in the market for new single-family homes fell as the National Association of Home Builders' housing market index slipped to 53 in March from 55 in February.

The Tax Reform Act for Puerto Rico presented by Governor Alejandro Garcia Padilla is the significant change Puerto Rico needs to stimulate the commonwealth's economic development and confront the Island's fiscal challenges.

Industrial production gained 0.1% in February, the Federal Reserve reported Monday.

The Empire State Manufacturing Survey showed "business activity continued to expand at a modest pace for New York manufacturers," the Federal Reserve Bank of New York reported Monday, as the general business conditions index slipped to 6.90 in March from 7.78 in February.

Mar. 16, 2015 Northeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Connecticut Aa3/AA/AA 0.17 1.61 2.51 3.32 Delaware Aaa/AAA/AAA 0.14 1.37 2.12 2.92 Maine Aa2/AA/AA 0.16 1.42 2.22 3.04 Maryland Aaa/AAA/AAA 0.15 1.39 2.14 2.94 Massachusetts Aa1/AA+/AA+ 0.17 1.46 2.3 3.12 New Hampshire Aa1/AA/AA+ 0.15 1.42 2.22 3.06 New Jersey A1/A/A 0.29 1.91 2.82 3.64 New York Aa1/AA+/AA+ 0.15 1.39 2.19 3.1 Pennsylvania Aa3/AA+/AA+ 0.2 1.7 2.53 3.33 Rhode Island Aa2/AA/AA 0.2 1.56 2.44 3.28 Vermont Aaa/AA+/AAA 0.15 1.39 2.19 2.97 Dist. of Columbia Aa1/AA/AA 0.18 1.51 2.36 3.21 Puerto Rico B2/BB/BB+ 7.55 9.53 9.64 8.09

3/13/2015 3/6/2015 State # Iss Amount ($000s) # Iss Amount ($000s) Chg in Amt ($000s) Connecticut 10 $767,500 6 $756,299 $11,201 Delaware 1 6,900 0 0 6,900 Maine 1 47,155 0 0 47,155 Maryland 4 391,560 2 191,560 200,000 Massachusetts 8 171,830 8 424,249 -252,419 New Hampshire 0 0 0 0 0 New Jersey 3 35,673 3 64,485 -28,812 New York 20 961,582 16 1,797,667 -836,085 Pennsylvania 14 338,520 13 447,100 -108,580 Rhode Island 2 639,195 2 1,211,775 -572,580 Vermont 0 0 0 0 0 District of Columbia 0 0 0 0 0 Puerto Rico 0 0 0 0 0

Monday, March 16 Issuer St Description Amount

Monday, March 16 Issuer St Description Amount

Week Of March 16 Issuer St Description Amount