So far, the municipal bond market has seen only a modest reaction to the recent
negative credit watch being placed on the ratings of several bond insurers.
Moody's put the entire Municipal Bond universe
on credit watch negative early this week.
For between $ 10 and $ 15 per month for example, the Equifax
Credit Watch program will alert you to any changes in your credit such as:
Among those it put on a negative
credit watch in mid-July were some bond issues by Fannie Mae and Freddie Mac, a few insurance companies, 604 structured finance transactions that totaled $ 373 billion when issued and some municipal debt backed by the United States.
Fonterra has been placed on negative
credit watch by ratings agency Standard and Poor's on the same day it announced plans to reduce its Global Dairy Trade (GDT) offering.
From the credit report I obtained last weekend when I took advantage of the Equifax
free credit watch offer, the card is shown with a $ 13,000 credit limit.
Knowzy tried Equifax's
Credit Watch Gold with 3 - in - 1 Monitoring * to see what a credit alert really looked like.
Once you have made your purchase, we encourage you to sign up for Fidelity's fixed income alerts to receive email notifications in the event one of your bond holdings is downgraded or placed on
negative credit watch.
I'd prefer the wider coverage of a service like
Equifax Credit Watch that monitors all three bureaus since I've lived in various parts of the country over the years (credit reporting by one company may dominate a certain region).
On the plus side, KMI is no longer staring at mountains of debt (S&P graciously took them off negative
credit watch) or potential equity dilution in order to reinvest in their business.
As the credit rating agency Standard and Poor's this week placed the AAA rated Eurozone members on negative watch it's worth remembering this is exactly where Britain was, on negative
credit watch, under Labour.
Fitch Ratings downgrades Ambac Financial Group's insurance financial strength rating to AA,
Credit Watch Negative.
Standard and Poor's places 612 securities backed by subprime residential mortgages on
a credit watch.
Under these circumstances, the downgrade process usually starts with debt being placed on negative
credit watch, which may require portfolio managers to sell positions, depending on fund - specific covenants.
You have the option to get a «
credit watch» feature with either, but you don't have too.
With
Credit Watch, I can get FICO score and Equifax credit report.
It has also been given a rating of B + (
Credit Watch) from Standard & Poor's, which is 14th out of a total 21 possible rating levels.
These ratings include a B + (
Credit Watch) from Standard and Poor's (which is a rating of 14 out of 21 possible ratings), and a B (Stable) from A.M. Best Company (which is seventh out of a possible sixteen total ratings.
Do join
a credit watch program.