News and Information from Bond Buyer

California's Legislative Analyst's Office is suggesting that the legislature approve some of Gov. Jerry Brown's proposals to change current law regarding infrastructure financing districts, while rejecting others.

Municipal bond funds' inflows more than doubled for the week ending March 13, surging to $223.79 million from $99.48 million the week before.

Indiana lawmakers wrapped up their 2014 legislative session after passing a handful of controversial bills, including one that advocates for local governments say could hurt local government revenue.

The U.S. Virgin Islands have high debt, a weak economy, and a history of deficit financing and yet have avoided having to pay the high bond yields paid by Puerto Rico.

Private activity bonds for water and wastewater projects would be exempt from state volume caps under bipartisan legislation introduced in Congress on Thursday.

The Transportation Corridor Agencies boards voted Thursday to accept the resignation of Neil Peterson, chief executive officer of two Orange County, Calif. toll roads, who will be replaced on an acting basis by Michael Kraman.

Municipal bond yields continued firming Friday afternoon, following a late-day rally in Treasuries Thursday.

Standard & Poor's Ratings Services said it has affirmed its BB-plus rating on the commonwealth of Puerto Rico's general obligation debt, and affirmed the ratings on various general fund-supported and highways and transportation authority debt.

This week's issuance reached a revised $11.38 billion on Friday as the municipal market maintained its fifth straight week of rising volume, with a total potential sales dropping to $3.29 billion next week.

The University of Michigan's preliminary March consumer sentiment index reading was 79.9, compared to the final February 81.6, the preliminary February 81.2, and the final January 81.2, according to market sources.

Moody's Investors Service said it has downgraded the city of Trotwood, Ohio's general obligation limited tax rating to A2 from A1.

Indicator Last Report Forecast Actual Import Prices Jan.: +0.4% Feb.: +0.4% Feb.: +0.9% Initial Claims 3/1: 324,000 3/8: 330,000 3/8: 315,000 Cont. Claims 2/22: 2.903M 3/1: 2.900M 3/1: 2.855M Retail Sales Jan.: -0.6% Feb.: +0.2% Feb.: +0.3% ex-Autos Jan.: -0.3% Feb.: +0.2% Feb.: +0.3% Business Inventories Dec.: +0.5% Jan.: +0.4% Jan.: +0.4% Treasury Budget Jan.: -$10.3B Feb.: -$220.0B Feb.: -$193.5B

Monday, March 17 Issuer St Description Amount

Monday, March 17 Issuer St Description Amount

Week Of March 17 Issuer St Description Amount

Friday, March 14 Issuer St Description Amount

CALIFORNIA

CONNECTICUT

Mar. 14, 2014 Far West: Plain/Insured GO Yield Curve* Far West: GO Yield Curves for Mar 12, 2014 Alaska Aaa/AAA/AAA 0.15 1.10 2.52 3.78 California A1/A/A? 0.18 1.25 2.88 4.22 Hawaii Aa2/AA/AA+ 0.15 1.22 2.71 3.98 Idaho Aa1/AA+/NR 0.17 1.22 2.72 4.00 Montana Aa1/AA/AA+ 0.17 1.21 2.71 3.98 Nevada Aa2/AA/AA+ 0.20 1.27 2.80 4.10 Oregon Aa1/AA+/AA+ 0.15 1.15 2.57 3.89 Washington Aa1/AA+/AA+ 0.16 1.23 2.74 4.03 Wyoming NR/AAA/NR 0.15 1.18 2.60 3.86