News and Information from Bond Buyer

Standard & Poor's Ratings Services said it raised its long-term and underlying ratings on Blanco, Texas' existing general obligation bonds to AA-minus from A-plus.

Standard & Poor's Ratings Services said it raised its rating on Mammoth Lakes, Calif.'s (2000 land acquisition project) certificates of participation one notch to BBB from BBB-minus.

Chicago Mayor Rahm Emanuel faces a run-off against his top challenger Jesus "Chuy" Garcia after failing to capture a majority of the vote in Tuesday's mayoral contest.

There's no rest for the weary on Wednesday as the municipal bond market prepares to take on another day of heavy volume. Over $3 billion of supply hit the market on Tuesday, with traders saying there was good demand for the new issues.

Stockton's official bankruptcy exit set for Wednesday may be anticlimactic to some as a bankruptcy judge approved the city's plan of adjustment needed to exit in October.

ALABAMA

CALIFORNIA

Feb. 25, 2015 Midwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Illinois A3/A+/A+ 0.54 2.16 3.48 4.28 Indiana Aaa/AAA/AA+ 0.14 1.22 2.2 3 Iowa Aaa/AAA/AAA 0.14 1.23 2.2 3 Michigan Aa2/AA/AA 0.17 1.39 2.37 3.18 Minnesota Aa1/AA+/AA+ 0.14 1.18 2.13 2.91 Missouri Aaa/AAA/AAA 0.14 1.17 2.11 2.91 Nebraska NR/AAA/NR 0.14 1.24 2.25 3.08 North Dakota Aa1/AA+/NR 0.15 1.26 2.27 3.08 Ohio Aa1/AA+/AA+ 0.15 1.25 2.24 3.06 South Dakota NR/AA+/AA+ 0.15 1.26 2.28 3.1 Wisconsin Aa2/AA/AA 0.16 1.27 2.25 3.08

2/24/2015 2/17/2015 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000s) Illinois 11 $82,660 10 $119,019 ?36,359 Indiana 4 271,420 5 199,395 72,025 Iowa 11 175,325 4 16,170 159,155 Michigan 13 135,900 17 195,350 ?59,450 Minnesota 18 139,580 20 152,565 ?12,985 Missouri 4 86,005 7 106,930 ?20,925 Nebraska 0 0 0 0 0 North Dakota 1 3,500 2 7,095 ?3,595 Ohio 5 167,255 2 18,855 148,400 South Dakota 0 0 0 0 0 Wisconsin 19 117,055 16 140,050 ?22,995

Wednesday, February 25 Issuer St Description Amount

Wednesday, February 25 Issuer St Description Amount

Monday, March 2 Issuer St Description Amount

Week Of February 23 Issuer St Description Amount

In a review of key public finance sectors affected by falling oil prices, Moody's Investors Service analysts see an upside for transportation and those supported by consumer spending.

Moody's Investors Service expressed doubt that retirement benefit savings pitched by Gov. Bruce Rauner can be achieved in time to balance the proposed 2016 budget.

(Bloomberg) -- Michael Drewniak, a long-time spokesman for Chris Christie whose profane tussles with reporters came to light with the George Washington Bridge traffic scandal, is leaving the New Jersey governor's administration.

Reps. Dutch Ruppersberger, D-Md., and Randy Hultgren, R-Ill., are asking their colleagues to sign a letter urging House leaders to support the tax-exemption for municipal bonds.

New Jersey Gov. Chris Christie and the state's teacher's union have agreed to a "roadmap to reform" to begin solving the state’s pension challenges, the governor announced

A Colorado district court struck down the city of Aurora's plan to provide $300 million of subsidies for a Gaylord resort hotel, saying it violated the Taxpayer Bill of Rights amendment to the state constitution.

Standard & Poor's placed Willacy County Local Government Corp. on its watch list for a possible downgrade of its BBB credit after rioting inmates damaged a privately operated prison financed with $78 million of bonds.