News and Information from Bond Buyer

The chairman of the Port Authority of New York and New Jersey, David Samson, has resigned his position as of Friday morning, New Jersey Gov. Chris Christie said.

Trading volume on Puerto Rico bonds has dropped to the lowest level since the commonwealth issued $3.5 billion of general obligation bonds earlier this month.

The credit quality of California's water and public power utilities is expected to remain strong over the next year, but could be pressured in the future, according to Fitch Ratings.

Puerto Rico's unemployment rate fell to 15.0% in February from 15.2% in January.

The six-week streak of municipal bond fund inflows has ended as concern over rising interest rates weighed on the market.

Legalized gambling once helped Atlantic City but its spread throughout the Northeast is now hurting the city's finances.

Securities and Exchange Commission municipal securities chief John Cross on Friday tried to allay the fears of bond lawyers, who continue to have many technical questions about the SEC's new municipal advisor rule.

FirstSouthwest vice chairman Michael Bartolotta has taken over the chairmanship of the Securities Industry and Financial Markets Association’s municipal securities division.

Municipal bonds were steady across the curve Friday as trading slowed with no big deals on the calendar.

Bond lawyers need to be realistic and acknowledge that there will be changes to the existing issue price rules, the chair of a panel at a conference said.

A proposal sponsored by Illinois House Speaker Michael Madigan to impose an income tax surcharge on individuals with income above $1 million advanced to the full House Thursday.

The University of Michigan's final March consumer sentiment index reading was 80.0, compared to the preliminary March 79.9, and the final February 81.6, according to market sources.

Personal income rose 0.3% in February following an unrevised 0.3% increase in January, the Commerce Department reported Friday.

3/27/2014 3/20/2014 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 0 $0 1 $29,330 -$29,330 California 16 1,762,035 8 1,202,890 559,145 Hawaii 0 0 0 0 0 Idaho 1 3,845 1 3,845 0 Montana 0 0 0 0 0 Nevada 0 0 1 6,475 -6,475 Oregon 0 0 0 0 0 Washington 4 157,380 1 6,625 150,755 Wyoming 0 0 0 0 0

Tuesday, April 1 Issuer St Description Amount

Friday, March 28 Issuer St Description Amount

Week Of March 31 Issuer St Description Amount

Friday, March 28 Issuer St Description Amount

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