TITLE

Downgraded Pittsburgh GOs Losing Ground, Even With Insurance

AUTHOR(S)
Fine, Jacob; Briggs, Amanda
PUB. DATE
October 2003
SOURCE
Bond Buyer;10/17/2003, Vol. 346 Issue 31742, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the depressed levels in the trading of general obligation bonds in Pittsburgh, Pennsylvania according to Standard & Poor's Corp. Prohibition of several institutional investors from owning insured bonds; Implication for the low rating; Reduction of fund reserves to inadequate levels.
ACCESSION #
11143670

 

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