News and Information from Bond Buyer

Labor market conditions continued to improve as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) narrowed to negative 0.325 in February from negative 0.343 in January, according to the Bank.

Puerto Rico's House of Representatives Tuesday passed amendments to legislation authorizing $2.95 billion in oil tax-supported bonds, opening the way to the bonds' sale in the next few weeks.

Standard & Poor's Ratings Services said it has raised its long-term rating on Polk City, Fla.'s water and sewer system revenue bonds to A from A-minus.

Standard & Poor's Ratings Services said it raised its underlying rating on Decatur County School District, Ga.'s general obligation bonds and Decatur County School Building Authority, Ga.'s revenue bonds to A-plus from A.

The Treasury budget statement will be released this Thursday instead of Wednesday as a result of government closures for weather last week.

Traders on Wednesday were waiting for a second wave of new supply one day after retail pricings were announced for the University of California and New York City.

Moody's Investors Service said it has downgraded Pinal County Union High School District 840 (Santa Cruz Valley), Ariz.'s general obligation rating to A2 from A1.

Moody's Investors Service said it has downgraded to Aa3 from Aa2 the rating on the town of Riverhead, N.Y.'s general obligation debt.

Standard & Poor's Ratings Services said it lowered its underlying rating to A from A-plus on Schofield City, Wis.'s existing general obligation bonds and removed it from CreditWatch with negative implications.

Standard & Poor's Ratings Services said it raised its long-term rating and underlying rating to A-minus from BBB-plus on New Orleans, La.'s general obligation debt.

Mar. 11, 2015 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois A3/A+/A+ 0.64 2.56 3.58 4.42 Indiana Aaa/AAA/AA+ 0.14 1.47 2.3 3.14 Iowa Aaa/AAA/AAA 0.14 1.48 2.3 3.14 Michigan Aa2/AA/AA 0.17 1.56 2.46 3.32 Minnesota Aa1/AA+/AA+ 0.14 1.44 2.23 3.05 Missouri Aaa/AAA/AAA 0.14 1.42 2.21 3.05 Nebraska NR/AAA/NR 0.14 1.49 2.35 3.22 North Dakota Aa1/AA+/NR 0.15 1.52 2.37 3.22 Ohio Aa1/AA+/AA+ 0.16 1.5 2.34 3.2 South Dakota NR/AA+/AA+ 0.16 1.51 2.38 3.24 Wisconsin Aa2/AA/AA 0.17 1.53 2.36 3.22

3/10/2015 3/3/2015 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 8 $72,505 10 $191,875 ?119,370 Indiana 9 117,525 9 252,785 ?135,260 Iowa 14 84,180 14 192,595 ?108,415 Michigan 13 645,030 10 128,740 516,290 Minnesota 26 269,562 16 187,575 81,987 Missouri 6 274,475 6 80,890 193,585 Nebraska 2 302,340 0 0 302,340 North Dakota 1 6,510 0 0 6,510 Ohio 9 230,025 4 101,360 128,665 South Dakota 0 0 0 0 0 Wisconsin 35 173,515 32 175,230 ?1,715

Wednesday, March 11 Issuer St Description Amount

Wednesday, March 11 Issuer St Description Amount

Week Of March 9 Issuer St Description Amount

Week Of March 9 Issuer St Description Amount

ALASKA

ARIZONA

Government

A bipartisan group of Senators have reintroduced a bill that would allow states to require out-of-state businesses selling products over the Internet to collect taxes on those sales if their states had simplified their sales tax requirements.