TITLE

Recovery Bond Ratings Outshine GOs

AUTHOR(S)
Saskal, Rich
PUB. DATE
April 2004
SOURCE
Bond Buyer;4/26/2004, Vol. 348 Issue 31870, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the initial fixed-rate portion of the economic recovery bonds issued by the state of California got high ratings from Fitch Ratings, Moody's Investors and Standard & Poor's. Variable-rate sale of the remainder in May or June 2004; Sale plans by state treasurer Phil Angelides; Authorization of the bonds by voters following campaigns by Governor Arnold Schwarzenegger.
ACCESSION #
12922994

 

Related Articles

  • California Planning $12B. Saskal, Rich // Bond Buyer;10/4/2005, Vol. 354 Issue 32231, p1 

    Reports on the planned issuance of general obligation bonds in California. Benefits of the issuance to the state's annual debt service cost; Statement of state treasurer Phil Angelides on the impact of the deficit borrowing on the ability of the state to sell bonds; Criticisms over the...

  • Far West Bond-Watch.  // Bond Buyer;2/18/2005, Vol. 351 Issue 32074, p37 

    Reports developments related to public finance in the western states in the U.S. Opposition of California State Treasurer Phil Angelides on the public employee pension proposal of Governor Arnold Schwarzenegger; Rejection of lawmakers to the proposed state scholarship program of Nevada Governor...

  • Governor Rolls the Dice With Various Budget Deals. Fine, Howard // San Diego Business Journal;5/24/2004, Vol. 25 Issue 21, p21 

    Reports on California Governor Arnold Schwarzenegger's budget deals. Pending compact with state Indian tribes; Uses from projected surplus revenues; Comments of state Treausrer Phil Angelides on Schwarzenegger's budget strategy.

  • S&P lifts California to A-Plus On Rosier Revenue Projections. Saskal, Rich // Bond Buyer;5/18/2006, Vol. 356 Issue 32384, p1 

    The article reports on the upgrade of the general obligation bond rating of the state of California by Standard & Poor's Corp. The bond rating of the state was raised from A to A-plus after Governor Arnold Schwarzenegger declared a total revenue of 7.5 billion dollars. With the new rating,...

  • Calif. GOs on Watch. Saskal, Rich // Bond Buyer;6/22/2009, Vol. 368 Issue 33135, p1 

    The article reports that Moody's Investors Service has placed California's A2 general obligation (GO) bond rating on watch list for possible downgrade even before lawmakers balance the state's general fund budget in 2009. The downgrade promoted Governor Arnold Schwarzenegger, Treasurer Bill...

  • Angelides: Deficit Bonds A Bad Idea. Saskal, Rich // Bond Buyer;11/7/2003, Vol. 346 Issue 31757, p1 

    Reports on the warning of California treasurer Phil Angelides to governor-elect Arnold Schwarzenegger against a large-scale deficit bond issue. Opposition for a deficit borrowing plan; Challenges faced in the state's budget; Comment of Schwarzenegger on the issue.

  • California Earns GO Upgrade From Fitch to A From A-Minus. Saskal, Rich // Bond Buyer;7/15/2005, Vol. 353 Issue 32175, p1 

    Reports on Fitch Ratings' upgrading of California general obligation (GO) debt. Key factors contributing to the upgrading of California's GO debt; Governor Arnold Schwarzenegger's signing of the budget on July 11, 2005: Upgrading of the state's GO debt by Moody's Investors Service and Standard &...

  • NORTHERN MARIANAS: Fitch Hits Sea, Airport Bonds. Saskal, Rich // Bond Buyer;10/24/2008, Vol. 366 Issue 32989, p9 

    The article reports on the negative outlook of Fitch Ratings Ltd. to the seaport and airport revenue bonds of the Northern Mariana Islands Commonwealth Ports Authority. The airport's deteriorating operating and financial profile reflects losses in the commonwealth's tourism and garment industry,...

  • Fitch Boosts $5.4 Billion in Chicago GO Debt to AA. Shields, Yvette // Bond Buyer;7/29/2005, Vol. 353 Issue 32185, p6 

    Reports on the rating given by Fitch Ratings Inc. to the bonds issued by the government in Chicago, Illinois. Amount of general obligation debt upgraded by the agency; Total amount of general obligation debt upgraded by the agency; Influence of the city's decision to lease the Chicago Skyway to...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics