TITLE

Texas School Eye Non-PSF Options

AUTHOR(S)
Williamson, Richard
PUB. DATE
December 2008
SOURCE
Bond Buyer;12/17/2008, Vol. 366 Issue 33025, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that a school district in Dallas, Texas is being forced to postpone bond sales with the state's Permanent School Fund sideline by capacity limit and tumbling financial market. It states that PSF backing confers triple-A ratings on local bond issues, obviating the need for insurance or the risk of high interest payments based on an underlying credit.
ACCESSION #
36045830

 

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