Fitch director: The quality of a swap can have some sway over ratings

Koning, Rachel
May 1999
Bond Buyer;05/17/99, Vol. 328 Issue 30642, p33
Trade Publication
Focuses on Fitch IBCA Inc. managing director Katherine McManus's comments during the Council of Infrastructure Financing Authorities conference, on the effect of the quality of swap deals on credit ratings for underlying bonds. Four areas involving swaps that are evaluated for quality; Issues considered by credit agencies when evaluating a swap deal; Massachusetts Water Resource Authority as an example.


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