Recovery Bond Ratings Outshine GOs

Saskal, Rich
April 2004
Bond Buyer;4/26/2004, Vol. 348 Issue 31870, p1
Trade Publication
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.


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