TITLE

S&P Starts Assigning Management Assessments to GO, Appropriation Bonds

AUTHOR(S)
Fine, Jacob
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/29/2006, Vol. 356 Issue 32413, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the new rating system of Standard & Poor's Corp. for general obligation (GO) and appropriation bonds. The agency's U.S. public finance ratings groups has begun assigning formalized financial management assessments on GO and appropriation debts. Under the new system, issuers will receive an overall management assessment of either strong, good, standard or vulnerable.
ACCESSION #
22510109

 

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