Sentences with phrase «general obligation bond rating»

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 becominratings downgrades by both Moody's and S&P Global Ratings have placed the State of Illinois general obligation bonds on the edge of becominRatings 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 becominratings downgrades by both Moody's and S&P Global Ratings have placed the State of Illinois general obligation bonds on the edge of becominRatings 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.
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