TITLE

Nevada Scores Its 3d AA-Plus

AUTHOR(S)
Cohen, Jackie
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/26/2006, Vol. 356 Issue 32410, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Standard & Poor's Corp. has upgraded Nevada's general obligation bond rating to AA-plus from AA. The rating action affects outstanding debt of the state. The upgrade reflects the state's gradual diversification of tax revenues beyond the taxes paid by casinos along the results of a 2003 law requiring all budget surpluses.
ACCESSION #
21445662

 

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