The Bond Buyer articles from December 2006

The Bond Buyer archives from December 2006

Friday.
December 1, 2006... Regions ST. LUCIE COUNTY on Florida's east coast this week agreed to issue debt for the country's first plant that will vaporize solid waste through plasma arc gasification. 4 THE PORT AUTHORITY of New York and New Jersey...

A Cautious Wisconsin: Participants: State Wary of Negotiation.
December 1, 2006... CHICAGO -- With a Wisconsin general obligation commercial paper deal on tap for today, word has circulated among Midwestern market participants that the state has halted all negotiated work following the conviction of a former state procurement...

November Volume Lags '05: Drop in Refundings Is Primary Cause.
December 1, 2006... The volume of debt sold by state and local governments last month continued to lag last year's pace, as the market handled about $28.5 billion of municipal debt through 894 transactions, according to preliminary data from Thomson Financial. ...

P3s Could Be N.J.'s Ticket Out of the Red.
December 1, 2006... New Jersey could reap billions by selling or leasing public infrastructure if it is able to ink concession agreements similar to other big-ticket deals entered into over the past few years. Proceeds from any potential public-private...

In Brief: Jobless Claims Surge 34,000 to 357,000.
December 1, 2006... WASHINGTON -- First-time applications for state unemployment benefits increased 34,000 to 357,000 in the week ended Nov. 25, the highest level in more than a year, according to data released by the Labor Department yesterday. The...

In Brief: Personal Income Up 0.4%; Spending Increases 0.2%.
December 1, 2006... WASHINGTON -- Personal income rose 0.4% in October and personal consumption increased 0.2%, according to Commerce Department data reported yesterday. October personal income rose by $49.30 billion to about $11.058 trillion after an...

In Brief: Chicago PMI Shows 1st Contraction Since '03.
December 1, 2006... The Chicago Purchasing Managers' Business Barometer slumped to 49.9 in November from 53.5 in October, the first time after 42 months that the index showed economic contraction as defined by a reading below 50.0, the National Association of...

In Brief: NAPM-NY BCI Rises To 441.6 From 425.3.
December 1, 2006... The New York business conditions index in the National Association of Purchasing Management-New York's Report on Business increased in November to 441.6 from 425.3 in October. The report's outlook/expectations index gained to 70.0 from...

In Brief: Kansas City Fed: Mfg Growth Eased in Nov.
December 1, 2006... Manufacturing activity in the Federal Reserve Bank of Kansas City's region "eased slightly in November, and expectations for future factory activity remained lower than during the summer. Most price indexes in the survey edged down, though a...

In Brief: Help-Wanted Index Up A Point to 30 in October.
December 1, 2006... The volume of help wanted ads in newspapers in the U.S. was up a point to 30 in October, as measured by the Conference Board's help-wanted advertising index, released yesterday. A year ago the index was 37. Over the previous three...

In Brief: T-Bill Auction to Raise $2.144B of New Cash.
December 1, 2006... WASHINGTON -- The Treasury Department said yesterday it will raise $2.144 billion of new cash at its weekly auction of 91-day and 182-day discount bills Monday by selling $34 billion to refund $31.856 billion of maturing securities. To be...

Munis Firm on Weaker Economic Data.
December 1, 2006... The municipal market was firmer by two or three basis points yesterday as the majority of economic data released came in weaker than expectations. A trader in Boston said tax-exempts showed gains as investors worked to clean up the flux of...

Orleans Levee District WarnsOf Bankruptcy Due to Lawsuits.
December 1, 2006... ATLANTA -- The Orleans Levee District in Louisiana yesterday warned the State Bond Commission that it could be forced to file for protection from creditors under Chapter 9 of the federal bankruptcy code due to more than 100 lawsuits that could...

Florida County Approves BondsFor Plasma Arc Gasification Plant.
December 1, 2006... BRADENTON, Fla. -- St. Lucie County on Florida's east coast this week agreed to issue debt for the country's first plant that will vaporize solid waste through plasma arc gasification. County commissioners on Tuesday approved a resolution...

Moody's Downgrades $13.4 Million ofDetroit School Bonds to Junk Status.
December 1, 2006... CHICAGO -- Moody's Investors Service downgraded Detroit Public Schools' $13.4 million of limited-tax general obligation bonds to junk yesterday, citing enrollment losses and anticipated state aid reductions due in part to a teacher's strike...

N.Y.-N.J. Port Agency Unveils $5.7B Budget, Readies $500M Sale.
December 1, 2006... The Port Authority of New York and New Jersey released its preliminary $5.7 billion 2007 budget yesterday as it readied a $500 million tax-exempt bond issue to be sold competitively next Wednesday. The proposed budget indicates the...

Enforcement: IRS Closes Audit on Calif. Solid-Waste Deal.
December 1, 2006... The Internal Revenue Service has closed its audit of the California Pollution Control Financing Authority's $10 million of solid-waste revenue bonds with no change to their tax-exempt status, according to a municipal disclosure. The 2001...

Rating Agencies: S&P Warns of 'Asset Bubble' in Global Infrastructure Sector.
December 1, 2006... A red-hot global market for the acquisition of airports, toll roads, and other infrastructure is pushing up prices for the facilities and leading to more borrowing -- a perilous scenario similar to the dot-com boom of the 1990s, according to a...

Despite Abundance of New Supply, All Indexes Decline During Week.
December 1, 2006... The Bond Buyer's weekly yield indexes declined this week, as the municipal market succeeded in digesting an abundance of primary market supply and followed Treasury gains, fueled by mostly weaker-than-expected economic data. "The Treasury...

High-Yield Bonds: With Spreads Still Tight, Issuers Prepare a Rush to Market.
December 1, 2006... While the tax-exempt high-yield market is likely to end 2006 much the way it started -- with historically tight spreads to the high-grade market, and gradually decreasing yield compensation for speculative paper -- some regional firms are...

Florida Officials Plan Special Session on Insurance.
December 1, 2006... BRADENTON, Fla. -- Florida Governor-elect Charlie Crist issued a joint press release with top lawmakers on Wednesday stating they would call a special session of the Legislature starting Jan. 16 "to begin an effort to restructure Florida's...

Competitive Bond Offerings.
December 1, 2006... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond Buyer Online's Competitive Bond Offering Calendar....

Competitive Note Offerings.
December 1, 2006... Tentative dates for negotiated sales of $1 million or more. Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is...

Negotiated Bond Offerings.
December 1, 2006... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Friday, December 1 Connecticut...

Negotiated Note Offerings.
December 1, 2006... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of December 4 Michigan MI...

Results of Negotiated Sales.
December 1, 2006... ALABAMA Alabaster Water Board Nov 27, 2006 $7,140,000 Water Revenue Bonds, Series 2006 (bank qualified) (book entry) Dated Nov 1, 2006. Due Sep 1, 2012 to 2023. First coupon Mar 1, 2007. Callable Sep 1, 2014 at...

Results of Competitive Sales.
December 1, 2006... CALIFORNIA Sacramento City Unified School District Nov 29, 2006 $24,475,000 2006-07 Tax and Revenue Anticipation Notes (book entry). Dated Dec 14, 2006. Due Dec 14, 2007. Purchased $24,475,000.00 by Morgan Stanley, at...

Rating Changes.
December 1, 2006... ISSUER AMOUNT CHANGE BOND ($000S) TO FROM NAME COMMENTS Alice (City), Tex., general obligation bonds 7,500 A3 Baa1 Moody Increasing and diversifying tax base, strong financial operations, moderate and...

California's High Court to Hear CaseOn Conduit Deals by Religious Schools.
December 1, 2006... SAN FRANCISCO -- The California Supreme Court may be closer to answering the question of whether some religious schools should have access to the state's tax-exempt debt market. The court will hear oral arguments Wednesday morning in Los...

Far West Invisible Supply.
December 1, 2006... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date CALIFORNIA Bay Area Toll Authority rev. bonds $1,000 P 2007-08 State gambling securitization $850 P JPMorgan 2007-08 ...

Visible Supply by State.
December 1, 2006... Nov. 30, 2006 Nov. 23, 2006 State Issues Amount Issues Amount Chg in Amt Alaska 0 $0 0 $0 $0 California 15 936,405,000 25 2,678,985,000 -1,742,580,000 Hawaii 0 0 0 0 0 Idaho 1 23,935,000 1...

Plain/Insured GO Yield Curves for Nov. 29, 2006*.
December 1, 2006... State Ratings One-Year Five-Year 10-Year 30-Year Oregon Aa3/AA-/AA- 3.52 / 3.52 3.56 / 3.54 3.70 / 3.68 4.05 / 4.03 Montana Aa3/AA-/NR 3.56 / 3.55 3.56 / 3.52 3.70 / 3.69 4.03 / 4.03 Idaho Aa2/AA-/NR 3.55 / 3.54...

CALIFORNIA: Dems Retain Senate Seat.
December 1, 2006... In a reverse of initial reports on election night, Democrats have retained an Orange County-based seat in the California Senate. The seat will go to Lou Correa, a former state Assemblyman and current member of the Orange County Board of...

CALIFORNIA: Looking for Greener Energy.
December 1, 2006... Environmentalists hope the San Francisco Board of Supervisors will at least hold a hearing, if not vote, by the end of this calendar year on a renewable energy utility plan that could trigger up to $650 million of bond issuance. Known as...

CALIFORNIA: Doyle Driving Up Costs.
December 1, 2006... Within just six months, the San Francisco County Transportation Authority has raised by more than 25% the estimated cost of rebuilding Doyle Drive, the road that leads from San Francisco to the Golden Gate Bridge. The latest cost estimate...

HAWAII: Bonding Eyed for Light Rail.
December 1, 2006... Bonding for a combination of light rail and buses in Honolulu County could occur within two years if federal grant money doesn't become available by the start of construction in 2009. The project will require about $700 million of federal...

MONTANA: State Politics Play Twister.
December 1, 2006... With a twist followed by a turn followed by a twist, the Republican Party this week gained control of the Montana House thanks to a recount Tuesday that turned a tied race into a three-vote win for the GOP candidate. The result gives the...

MONTANA: Governor: Tax Cuts, No Bonds.
December 1, 2006... Promising to avoid bond issuance and to provide $150 million of targeted tax cuts, Montana Gov. Brian Schweitzer released his budget proposal for the 2008-2009 biennium. Schweitzer, a Democrat, said his budget would cap ongoing general...

WYOMING: More Funds, Less Debt.
December 1, 2006... The only issuer to request bond authorization in Wyoming's elections last month now wants to use less than one-third of its authorization for $14.3 million of general obligation bonds. Darrel Hammon, president of Laramie County Community...

New-Issue Volume Notes.
December 1, 2006... The new-issue volume tables are based on information compiled by The Bond Buyer from Thomson Financial's database on Thursday, Nov. 30, 2006. All figures are preliminary and subject to revision. Long-term bonds have final stated maturities...

Long-Term Bond Sales: January-November.
December 1, 2006... 2006 2005 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $325,767,800 10,915 $376,590,100 12,752 -13.5 % January 18,712,300 716 22,522,700 817 -16.9 February 23,866,900 852...

Bond Sales by State: January-November.
December 1, 2006... 2006 2005 Volume Volume Percentage State Rank ($000s) Rank ($000s) Change Alabama 29 $3,401,300 31 $2,953,200 +15.2 % Alaska 34 2,172,000 43 1,281,500 +69.5 Arizona 25 4,487,200 14 8,404,500 -46.6...

Largest Issues: November 2006.
December 1, 2006... Amount Issuer Date $852.6 Texas Transportation Commission, highways Nov 7 847.3 Massachusetts Water Pollution Abatement Trust (NM/ref) Nov 22 750.0 Pennsylvania Higher Education Assistance Agency, student loans Nov 14 ...

Long-Term Bond Sales: November.
December 1, 2006... 2006 2005 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $28,515,500 894 $39,346,200 1,126 -27.5 % Development 439,600 15 576,000 40 -23.7 Education 6,128,100 242 9,680,300 287...

Municipal Market Data General Obligation Yields.
December 1, 2006... Aaa Aaa (pure) (ins) Aa A Baa 2007 3.50 3.53 3.53 3.59 3.75 2011 3.46 3.57 3.55 3.66 3.81 2016 3.59 3.71 3.69 3.84 3.97 2021 3.78 3.90 3.88 4.03 4.16 2026 3.87 3.99 3.97 4.10 4.25 2031 3.92 4.03 4.02 4.15 4.28...

U.S. Securities Prices.
December 1, 2006... Prices as of 3 p.m. ET. Source: GovPx Inc. Treasury Bills Yesterday's Prev. Day's Yesterday's (in percent of discount) Bid/Offer Bid/Offer Bid Yield 1M -- 12/28/2006 5.130/120 5.165/160 5.221 3M -- 3/1/2007 4.895/890...

Short-Term Tax-Exempt Yields.
December 1, 2006... Nov 30, 2006 Nov 29, 2006 Dec 1, 2005 Selected MIG-1/SP-1+ Notes California Rans 4 1/2s (June 07) 3.40 3.40 3.15 Los Angeles Co Trans 4 1/2s (June 07) 3.40 3.40 3.16 Texas Trans 4 1/2s (Aug 07) 3.55 3.53 3.23 Municipal...

Market Indicators.
December 1, 2006... Dollar amounts are in millions Day's 2006 2006 Daily Yesterday Change High Date Low Date Municipal Bond Index 118-08 +12/32 118-08 (11/30) 111-05 (7/5) 40 Average Dollar Price 104.98 +0.32 104.98 (11/30) 99.68 (7/5) ...

The Credit Calendar.(Calendar)
December 1, 2006... MONDAY, December 4 The Treasury raises $2.144 billion of new cash at its regular weekly auction of three-month and six-month discount bills by selling $34 billion to replace $31.856 billion in maturing securities and announces the size of...

Weekly Yields of 20-Bond GO Index and Treasury Securities.
December 1, 2006... Latest Previous Year 12-Month Week Week Ago High Low 20-Bond Index 4.04 4.14 4.53 4.71 4.04 10-Year Treasury Note 4.46 4.58 4.51 5.21 4.35 30-Year Treasury Bond 4.56 4.66 4.72 5.26 4.51 Basis Pt Spread to Note 42 44 -2 55...

Bond Buyer Indexes.
December 1, 2006... Average Municipal Bond Yields -- Compiled Weekly 20-Bond 11-Bond 25-Bond 10-Year 30-Year GO Index1 GO Index1 Revenue2 Treasury3 Treasury3 2006 NOV 30 4.04 3.98 4.55 4.46 4.56 21 4.14 4.08 4.60 4.58 4.66 16...

State and Local Government Series Rates.
December 1, 2006... Friday Monday Tuesday Wednesday Thursday Nov 24 Nov 27 Nov 28 Nov 29 Nov 30 Overnight* 3.92 3.92 3.89 3.89 3.89 Three Months 5.04 5.03 5.00 5.03 5.03 Six Months 5.12 5.13 5.10 5.11 5.11 Nine Months 5.05 5.06 5.02 5.03...

New-Issue Balances.
December 1, 2006... (,000 Omitted) *Since initial reoffering +Revised upward since last report Amount Date NEW OFFERINGS Sold Balance $123,595 11/30 Columbus, Ohio $123,595 All Sold 64,845 11/30 San Francisco, Calif. 64,845 All Sold ...

Reoffering Yields.
December 1, 2006... NRO - Not Reoffered; S.B. - Sealed Bid; SNA - Sold, Not Available Offer Amount Date ($Mil) RECENT OFFERINGS 1 Year 5 10 15 20 25 30 Aaa -- AAA 11/9 130.0 Oakland Unif. Sch. Dist., Calif. NRO 3.49 3.76 3.98 4.41...... ...

Municipal Bond Prices.
December 1, 2006... These 40 Bonds are evaluated and priced daily by Standard & Poor's Securities Evaluations Inc. All figures are rounded to the nearest eighth when reported in this table. "Change in Bid" is rounded after calculation. Dollar...

Municipal Bond Index.
December 1, 2006... Current Day Previous Day Week Ago Month Ago Year Ago The Bond Buyer Municipal Bond Index 118-08 117-28 117-14 116-23 112-21 Thursday, November 30, 2006 Maturity Par Call Dollar Conversion Converted Date Date Price Factor Price ...

Municipal Bond Index Update.
December 1, 2006... The list of bonds used to calculate the Municipal Bond Index was revised after the Nov. 30 pricing. The new coefficient is 1.0304. It was derived by dividing the Nov. 30 index (118.237972) by the average converted price of the new set of...

Draft Report Urges Changes to Texas School Bond Programs, PSF.
December 1, 2006... DALLAS -- The Texas Legislature should seek a ruling from the Internal Revenue Service that would expand the bond guarantee capacity of the Permanent School Fund and streamline the process used by the state to award debt service assistance to...

Monday.
December 4, 2006... Regions TWO CHICAGO CITY COUNCIL members last week filed a lawsuit seeking to block the city's $563 million, 99-lease of four downtown parking garages to Morgan Stanley Investment Management, claiming the firm violated a city ordinance...

Week Will See $9.9B Of Volume: Four Deals Form Half of New Debt.
December 4, 2006... Here we go again. The tax-exempt bond market is heading toward the close of a year that has seen a drop in overall volume -- due mostly to fewer refundings -- with a spate of sizable primary offerings. Following last week's abundance...

D.C. Eyes Anacostia River Revival: Reviews Plans to Aid Blighted Area.
December 4, 2006... WASHINGTON -- The District of Columbia Council tomorrow will consider two plans to build affordable and market-rate housing in two poor and blighted neighborhoods east of the Anacostia River. Costing a combined $1 billion, the plans could...

Sisung to SEC: Overturn NASD G-37 Ruling.
December 4, 2006... WASHINGTON -- NASD's National Adjudicatory Council too broadly interpreted Rule G-37 and refused to consider the "unconstitutional consequences" of its action, Sisung Securities Corp. and its president, Lawrence J. Sisung, Jr., recently...

In Brief: Construction Spending Falls 1.0% to $1.178 Trillion.
December 4, 2006... WASHINGTON -- Spending on construction projects fell 1.0% to a seasonally adjusted annual rate of $1.178 trillion in October, while private construction decreased 1.5% and public construction rose 0.8%, according to Commerce Department figures...

In Brief: ISM Index Drops to 49.5 From 51.2 in October.
December 4, 2006... The overall economy grew for the 61st straight month, while the manufacturing sector failed to expand for the first time after 41 months of growth, the Institute for Supply Management reported Friday. According to the ISM's monthly report...

In Brief: Treasury to Offer $11B Cash Managements Today.
December 4, 2006... WASHINGTON -- The Treasury Department said Friday it will auction $11 billion of 10-day cash management bills today. The bills are dated Dec. 5 and due Dec. 15. (c) 2006 The Bond Buyer and SourceMedia, Inc. All rights reserved....

Munis Firmer on Lower-Than-Expected Data.
December 4, 2006... The municipal market was slightly firmer Friday, following Treasuries, as economic indicators came in lower than expected. "Things are a little firmer, I'd say by about one basis point," a trader in New York said. "Clearly this economic...

Suit Seeks to Block Chicago Garage Deal Over Slavery Ties.
December 4, 2006... CHICAGO -- Two Chicago City Council members last week filed a lawsuit seeking to block the city's $563 million, 99-lease of four downtown parking garages to Morgan Stanley Investment Management, claiming the firm violated a city ordinance...

Montgomery County, Md.'s Firestine Tapped for Chief Administrative Officer.
December 4, 2006... WASHINGTON -- Those who know Montgomery County, Md.'s, longtime finance director Timothy Firestine say he should have no problem receiving confirmation from the County Council after being nominated last week to become chief administrative...

Regulation: Report Calls for Adopting Rules Similar To G-37 and G-38 for Securities Lawyers.
December 4, 2006... A report issued Thursday by a group of business leaders and academics calling for an easing of rules and sanctions in the U.S. capital markets so they remain competitive recommends that G-37- and G-38-like rules be adopted for securities...

Mutual Funds: Weekly Reporters See $403M Net Inflow.
December 4, 2006... Weekly reporting municipal bond mutual funds had a net inflow of $403 million during the week ending Nov. 29, AMG Data Services reported. The results were down from an inflow of $419 million during the previous week, but represent the 19th...

Michigan Plans $1.3B of Notes Backed by Letter of Credit.
December 4, 2006... CHICAGO -- Michigan plans to take what has become a yearly trip to the market Tuesday to issue $1.3 billion of general obligation notes, a deal enhanced with a letter of credit. The state will issue the one-year notes and use the proceeds...

Competitive Bond Offerings.
December 4, 2006... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond Buyer Online's Competitive Bond Offering Calendar....

Competitive Note Offerings.
December 4, 2006... Tentative dates for negotiated sales of $1 million or more. Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is...

Negotiated Bond Offerings.
December 4, 2006... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of December 4 Prattville...

Negotiated Note Offerings.
December 4, 2006... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of December 4 Michigan MI...

Results of Negotiated Sales.
December 4, 2006... ARKANSAS Conway (City) Nov 30, 2006 $5,100,000 Franchise Fee Revenue Improvement Bonds, Series 2006 (book entry) Dated Dec 1, 2006. Due Dec 1, 2007 to 2030. First coupon Jun 1, 2007. Callable Jun 1, 2012 at par....

Results of Competitive Sales.
December 4, 2006... ARKANSAS Marmadude School District No. 2 of Green County Nov 30, 2006 $1,500,000 Refunding and Construction Bonds (bank qualified) (book entry). Dated Dec 1, 2006. Due Feb 1, 2009 to 2036. Callable Feb 1, 2012...

Arkansas High Court Keeps Jurisdiction Over School Finance Suit.
December 4, 2006... DALLAS -- The Arkansas Supreme Court on Thursday ruled that it would maintain jurisdiction of the 14-year-old Lake View school finance lawsuit after determining that Attorney General and Governor-elect Mike Beebe had not submitted data to the...

S&P Boosts Outlook on New Orleans to Stable From Developing.
December 4, 2006... ATLANTA -- Standard & Poor's on Friday became the first rating agency to deliver some hopeful news to New Orleans by changing the outlook on the hurricane-ravaged city to stable from developing. It also revised its outlook to stable from...

N.Y.C. Economic Development Corp. Head Resigns.
December 4, 2006... New York City Economic Development Corp. interim president Joshua Sirefman resigned to take a position as senior vice president and head of U.S. development for the real estate company Brookfield Properties, Mayor Michael Bloomberg announced...

Northeast Invisible Supply.
December 4, 2006... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date CONNECTICUT State special tax obligation $350 A Dec. DISTRICT OF COLUMBIA State GOs $300 A Dec. MAINE ...

Visible Supply by State.
December 4, 2006... Dec. 1, 2006 Nov. 24, 2006 State Issues Amount Issues Amount Chg in Amt Connecticut 7 $546,325,000 9 $501,230,000 $45,095,000 Delaware 0 0 0 0 0 Maine 0 0 0 0 0 Maryland 0 0 1 26,720,000...

Plain/Insured GO Yield Curves for Nov. 30, 2006*.
December 4, 2006... State Ratings One-Year Five-Year 10-Year 30-Year Delaware Aaa/AAA/AAA 3.48 / 3.50 3.43 / 3.48 3.56 / 3.61 3.91 / 3.94 Maryland Aaa/AAA/AAA 3.48 / 3.48 3.43 / 3.47 3.56 / 3.62 3.91 / 3.95 Connecticut Aa3/AA/AA 3.50...

MASSACHUSETTS: MassPike Eyes Outsourcing.
December 4, 2006... The Massachusetts Turnpike Authority is looking into possible outsourcing opportunities for its service plaza stations along the Western Turnpike. The authority will release a request for proposals "in the coming weeks," said MassPike...