Notably, in June 2012, Standard and Poor's Ratings Services lowered the county's long - term
general obligation bond rating to «BBB - «from «BBB +» and rated the management practices as «vulnerable» based on overly optimistic budgeting.
That very same day, Skelos praised Cuomo's «leadership,» following Moody's announcement that it had raised New York's
general obligation bond rating to its highest level since the fiscal crisis of the mid-1970s, lauding the governor for working with the Legislature to move the state «in the right direction.»
O'Reilly on Twitter Monday called Senate GOP Leader Dean Skelos a «prison punk» after the Long Island Republican provided a congratulatory quote on a press release from Gov. Andrew Cuomo on the historic improvement of the state's
general obligation bond rating.
Moody's Investors Service downgraded Cook County's
general obligation bond rating to A1 from Aa3 due to the county's «growing pension liability.»
Not exact matches
In February 2014,
rating agencies downgraded Puerto Rico's
general obligation debt and some related
bonds below investment grade, with further downgrades possible.
The state's agreement to pay off Hartford's $ 550 million in
general obligation debt has prompted a dramatic upgrade in the city's
bond rating and a shift to a stable outlook.
The recent
ratings downgrades by both Moody's and S&P Global Ratings have placed the State of Illinois general obligation bonds on the edge of becomin
ratings downgrades by both Moody's and S&P Global
Ratings have placed the State of Illinois general obligation bonds on the edge of becomin
Ratings have placed the State of Illinois
general obligation bonds on the edge of becoming junk.
Illinois postponed a sale of $ 500 million of
general obligation bonds on Jan. 30 after a
ratings downgrade increased the cost of financing.
In December of 1972 the vote went against the Park District's referendum to issue $ 2,550,000 in
general obligation bonds for park improvement and development including the construction of a fieldhouse at Dryden Park, land acquisition, the construction of a north side maintenance garage, and the construction of an indoor ice rink complex along with increasing the corporate tax
rate by.025 %.
Moody «s Investors Service Inc. confirmed the double - A
rating assigned to Metropolitan Water Reclamation District of Greater Chicago
general obligation bonds in connection with the district «s offering of $ 200 million of capital improvement
bonds, series of June 1991.
Naperville Park District commissioners are considering the district's financial future, including the possibility that, with interest
rates falling, the district might be able to refinance
general obligation bonds at a lower interest
rate.
While the change doesn't mean the actual
rating has improved, it does mean that, with a better outlook, investors buying state
general obligation bonds can do so with a bit more confidence.
Overall,
general obligation bonds have underperformed revenue
bonds over the last five years of low
rates.
The recent
ratings downgrades by both Moody's and S&P Global Ratings have placed the State of Illinois general obligation bonds on the edge of becomin
ratings downgrades by both Moody's and S&P Global
Ratings have placed the State of Illinois general obligation bonds on the edge of becomin
Ratings have placed the State of Illinois
general obligation bonds on the edge of becoming junk.
In the first row, the State of Nevada
general obligation bonds are offering a coupon
rate of 5 % with a maturity in May of 2028.
Many factors affect the value, or price, of a particular
bond, but the two big influences are 1) future inflation expectations (as reflected in
general interest
rates) and 2) the risk of Corp A «defaulting» — not meeting its
obligation to make each year the $ 50 interest payment and, eventually, repaying the $ 1,000
bond principal.
In February 2014,
rating agencies downgraded Puerto Rico's
general obligation debt and some related
bonds below investment grade, with further downgrades possible.
The Index tracks
general obligation bonds, revenue
bonds, insured
bonds and pre-refunded
bonds rated Baa3 / BBB - or higher by at least two of the
ratings agencies: Moody's, S&P, Fitch.
The Index tracks
general obligation, revenue, insured and pre-refunded
bonds with a minimum credit
rating of Baa by Moody's.
The index tracks
general obligation bonds, revenue
bonds, insured
bonds and pre-refunded
bonds rated Baa3 / BBB - or higher by at least two of the
ratings agencies: Moody's, S&P, Fitch.
The taxes are not necessarily unlimited as to
rate or amount, so while all
general obligation bonds are tax backed, not all tax - backed
bonds are
general obligations.