News and Information from Bond Buyer

Texas’ biggest city takes a modestly positive step regarding its pension issues, while Connecticut is a notable underperformer in the most recent price data from the Federal Housing Finance Agency.

Indicator Last Report Forecast Actual Wholesale Inventories Dec.: unch Jan.: unch Jan.: +0.3% Wholesale Sales Dec.: -0.9% Jan.: -0.3% Jan.: -3.1%

Some pension obligation bonds can create a visible and fixed repayment plan to tackle the unfunded pension liability monster that is stealthily growing underneath the budget table of many state and local governments.

Wholesale inventories increased 0.3% in January, the Commerce Department reported Tuesday. Wholesale sales dropped 3.1%.

New York's City Council is considering a bill to relax restrictions on European-style youth hostels and, say its backers, generate tax revenue and economic activity.

Standard & Poor's changed its outlook on Connecticut GO bonds to negative as the state prepares for a $500 million sale.

Barclays Capital is set to price the University of California's $2.8 billion offering for retail investors on Tuesday in two separate deals.

Small business optimism increased slightly in February, as the National Federation of Independent Business' monthly Small Business Optimism index gained 0.1-point to 98.0.

Mar. 10, 2015 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.19 1.56 2.47 3.34 Arkansas Aa1/AA/NR 0.14 1.44 2.26 3.12 Colorado Aa1/AA/NR 0.16 1.51 2.35 3.24 Kansas Aa1/AA+/NR 0.14 1.49 2.34 3.2 New Mexico Aaa/AA+/NR 0.14 1.44 2.26 3.15 Oklahoma Aa2/AA+/AA+ 0.17 1.52 2.37 3.24 Texas Aaa/AAA/AAA 0.15 1.45 2.28 3.17 Utah Aaa/AAA/AAA 0.14 1.4 2.17 3.02

3/9/2015 3/2/2015 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 2 $2,192 7 $467,530 -$465,338 Arkansas 8 63,545 4 13,215 50,330 Colorado 2 163,160 1 21,000 142,160 Kansas 7 33,615 5 18,635 14,980 New Mexico 0 0 0 0 0 Oklahoma 6 94,025 14 113,285 -19,260 Texas 34 1,540,732 35 1,890,907 -350,175 Utah 2 26,380 0 0 26,380

Tuesday, March 10 Issuer St Description Amount

Tuesday, March 10 Issuer St Description Amount

Week Of March 9 Issuer St Description Amount

Week Of March 9 Issuer St Description Amount

ARKANSAS

IOWA

Government

Philadelphia Mayor Michael Nutter has proposed a 2016 budget proposal that aims to tackle rising pension and healthcare costs.

A Texas bill that would lower the threshold for property tax rollback elections could limit the flexibility of local governments in fast-growing areas of the state, according to Fitch Ratings.

University of Oregon's plans to price $50 million March 17 represents its first direct sale to the markets.