TITLE

S&P Boosts $13.45B in N.Y. Tax-Backed Debt to Triple-A

AUTHOR(S)
O'Brien, Elizabeth
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/17/2006, Vol. 355 Issue 32322, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the rating agency Standard & Poor's Corp. has improved the rating of New York personal income tax bonds. The factors behind the upgrade are the improvement of the state's economic and personal income tax revenue and the steady performance of the sales tax revenue stream. Meanwhile, the state general obligation bonds have been rated as AA.
ACCESSION #
19836955

 

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