TITLE

Kearny, N.J., Shelves GO Deal Amid Onslaught of Bad News

AUTHOR(S)
Braun, Martin Z.
PUB. DATE
August 2002
SOURCE
Bond Buyer;8/15/2002, Vol. 341 Issue 31450, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the declining credit rating for the general obligation bond offering of the state government in New Jersey. Prediction of annual budget deficit; Amount of the operating deficit; Reduction in fund equity.
ACCESSION #
7230898

 

Related Articles

  • City's bond rating in jeopardy. Zwilling, James // Inside Tucson Business;5/31/2004, Vol. 13 Issue 48, p1 

    Forecasts the decline of the existing bond rating of the city of Tucson, Arizona and its implications for economic development. Existing credit rating; Revenue from taxation; Implications for increased interest rates on bonds and increased budget deficit.

  • Fiji: Inaugural Foreign Bond Sale.  // Emerging Markets Monitor;9/11/2006, Vol. 12 Issue 22, p12 

    The article reports on the sale of Fiji's first foreign bond worth US$150mn. The bond has a maturity date of September 2011. Fiji's foreign currency was rated by Standard &Poor's with a BB-, and also a BB- on its local currency. S&P also stated that Fiji's economy has a narrow base and suffers...

  • Moody's: Commonwealth budget deficits trigger negative outlook for credit. Albanese, Lorelei // Caribbean Business;9/30/2004, Vol. 32 Issue 41, p13 

    Reports on the negative outlook of Moody's Investors Service for Commonwealth bonds in Puerto Rico. Loan from the Government Development Bank to balance the budget and ensure repayment of outstanding tax and revenue anticipation notes; Scrutiny of bond rating services influenced by the negative...

  • S&P Drops Sacramento Two Notches Over Budget Issues. Ward, Andrew // Bond Buyer;6/24/2009, Vol. 368 Issue 33137, p6 

    The article reports on the rating assigned by Standard & Poor's Corp. to Sacramento, California's budget issues. The agency downgraded the city's issuer credit rating to A-plus from AA and dropped the rating on its lease revenue bonds to A from AA-minus. According to the agency, Sacramento has a...

  • Philippines: US$ Bonds Rising, For Now.  // Emerging Markets Monitor;1/17/2005, Vol. 10 Issue 38, p7 

    Reports on the increase in global bond rates issued by the Philippines, as of January 2005. Information on the credit downgrade given by credit agencies to the country; Estimated fiscal deficit of the country in 2004; Statement issued by Finance Secretary Juanita Amatong regarding the target...

  • Despite Gains, the Game Remains the Same. McDonald, Michael // Bond Buyer;3/21/2005, Vol. 351 Issue 32094, Special section p18 

    Focuses on the state of public finance in New York. Upgrade of the state's bond rating by Moody's Investor Service; Budget proposed by Governor George Pataki which includes plans to close the budget deficit; Continued use of non-recurring resources and high-risk debt practices; Top bond issuers...

  • Commonwealth's Credit Rating Drops. Teissonniere, Georgianne Ocasio // Caribbean Business;6/2/2005, Vol. 33 Issue 21, p8 

    The article focuses on the Commonwealth's credit rating for Puerto Rico. In less than a week, a series of five reports prepared by Moody's Investors Service and Standard & Poor's (S&P) were made public, all coinciding with their concerns over the island's fiscal deficit and the high levels of...

  • California On S&P's Credit Watch. Williams, Rochelle; Chesla, Nicholas; Johnson, Anastasija // Bond Buyer;7/03/2003, Vol. 345 Issue 31670, p1 

    Reports that U.S.-based ratings agency Standard & Poor's Corp. has placed California's general obligation bonds on its CreditWatch list with negative implications. Estimated budget deficit for the fiscal year 2003; Tradings account of state's general obligation bonds; Bond ratings assigned by...

  • Economist fears downgrading of UK credit rating. Phillips, Lucy // Public Finance;3/19/2010, p7 

    The article reports on the risks of receiving a downgraded credit rating due to the inability of the government to manage the public deficit in Great Britain.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics