Pressure's on in California

Finestone, Deborah
April 2001
Bond Buyer;04/26/2001, Vol. 336 Issue 31126, p1
Trade Publication
Reports the need to establish a state power bonding authority governing the general obligation (GO) bonds in California. Need for the state to sell interim loans; Decline in the Standard & Poor's rating of GO funds; Reaction of sellers toward low stock prices; Expectation of buyers for the stabilization of the state's credit rating.


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