News and Information from Bond Buyer

The Treasury Department said Monday it will sell $25 billion of four-week discount bills Tuesday.

The Conference Board's Employment Trends Index (ETI) gained to 117.52 in March from an upwardly revised 117.01 in February, and is up 5.1% from a year ago, the group announced Monday.

Joe Weber, a former Texas A&M classmate of Gov. Rick Perry and longtime friend, will head the Texas Department of Transportation.

At 5 cents per kilowatt hour, Austin's $525 million contract to buy solar power from SunEdison for 25 years is considered one of cheapest on record.

With its grand opening a month away, Denver's Union Station redevelopment has attracted nearly $1 billion in private investment, according to the Regional Transportation District.

State and local governments are enjoying an economic lift from gas drilling in residential areas, but the long-term impact on property tax values is an open question, according to researchers.

Apr. 7, 2014 Northeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Connecticut Aa3/AA/AA 0.2 1.47 2.83 4.03 Delaware Aaa/AAA/AAA 0.13 1.3 2.51 3.67 Maine Aa2/AA/AA 0.17 1.44 2.73 3.89 Maryland Aaa/AAA/AAA 0.15 1.32 2.53 3.69 Massachusetts Aa1/AA+/AA+ 0.16 1.41 2.7 3.9 New Hampshire Aa1/AA/AA+ 0.15 1.36 2.6 3.79 New Jersey Aa3/AA+/AA+ 0.2 1.52 2.86 4.04 New York Aa2/AA/AA 0.15 1.37 2.6 3.85 Pennsylvania Aa2/AA/AA 0.18 1.47 2.8 3.96 Rhode Island Aa2/AA/AA 0.2 1.57 2.92 4.11 Vermont Aaa/AA+/AAA 0.15 1.37 2.59 3.74 Dist. of Columbia Aa2/A+/AA+ 0.17 1.46 2.76 3.94 Puerto Rico Baa3/BB+/BBB- 7.45 8.62 8.78 7.84

4/4/2014 3/28/2014 State # Iss Amount ($000s) # Iss Amount ($000s) Chg in Amt ($000s) Connecticut 5 $237,910 6 $283,445 -$45,535 Delaware 0 0 0 0 0 Maine 1 4,456 1 4,456 0 Maryland 2 198,585 1 22,390 176,195 Massachusetts 3 132,962 5 168,408 -35,446 New Hampshire 1 3,444 0 0 3,444 New Jersey 3 35,541 1 2,700 32,841 New York 19 1,380,810 12 254,321 1,126,489 Pennsylvania 15 172,655 7 72,280 100,375 Rhode Island 1 4,000 0 0 4,000 Vermont 0 0 0 0 0 District of Columbia 0 0 0 0 0 Puerto Rico 0 0 0 0 0

Week Of April 7 Issuer St Description Amount

Week Of April 7 Issuer St Description Amount

Monday, April 7 Issuer St Description Amount

Monday, April 7 Issuer St Description Amount

CALIFORNIA

Day Indicator Last Report Forecast Monday Consumer Credit Jan.: +$13.7B Feb.: +$14.09B Wednesday Wholesale Inventories Jan.: +0.6% Feb.: +0.5% Wednesday Wholesale Sales Jan.: -1.9% Feb.: +1.0% Thursday Import Prices Jan.: +0.9% Feb.: +0.2% Thursday Initial Claims 3/29: 326,000 4/5: 320,000 Thursday Cont. Claims 3/22: 2.836M 3/29: 2.850M Thursday Treasury Budget Feb.: -$193.5B March: -$78.0B Friday PPI Feb.: -0.1% March: +0.1% Friday PPI Core Feb.: -0.2% March: +0.2% Friday U. of Mich. Sentiment March: 80.0 April: 81.0 Friday U. of Mich. Current March: 95.7 April: 96.3 Friday U. of Mich. Expectations March: 70.0 April: 71.4

An uptick in volume this week will bring a handful of sizable deals to the primary market, but won't be enough to relieve the supply shortage that has prevailed so far in 2014, municipal traders said.

A $300 million state allocation to New York City to finance pre-kindergarten expansion is a credit positive for the city, according to Moody's.

New York State government is taking three steps to aid Yonkers, N.Y., which Moody's Investors Service calls a credit positive for the city.

Government

Chattanooga, Tenn.'s recent public safety pension reforms reducing the city's liability by nearly $86 million is a credit positive, according to Moody's.