Sentences with phrase «state general obligation bonds»

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.

Not exact matches

Although no state has defaulted on general obligation bonds in over 80 years, the 19 th century witnessed numerous instances in which states - and the Florida territory - defaulted on their debts or even repudiated them outright.

This will spurt other states from New Jersey to Illinois to ask for Super Chapter 9, and the result would be a disaster for millions of American retirees who are invested in state and local general obligation bonds.

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 becoming junk.

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.

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.»

State Comptroller Tom DiNapoli says the upgrade from Moody's Investors Service to Aa1 for the state's general obligation bonds is the highest level since the fiscal crisis of the mid-1State Comptroller Tom DiNapoli says the upgrade from Moody's Investors Service to Aa1 for the state's general obligation bonds is the highest level since the fiscal crisis of the mid-1state's general obligation bonds is the highest level since the fiscal crisis of the mid-1970s.

Thirty - four states have conduit bond - issuing agencies, but only a few have made the state's credit (either general obligation or moral obligation) available to charters.

The Oregon Legislature this year authorized the sale of $ 123 million in state - backed general obligation bonds to fund a new School Capital Improvement Matching Program to help stretch local dollars and address urgent school facility needs across the state.

the area or activities to which the funds raised from a municipal bond issue will be directed and, in turn, the source of future bond interest payments and principal repayment; for general obligation bonds, funds raised may be for general purposes, both operating and infrastructure, and payments are secured by the general taxing power of the issuer — usually a state, town, or city; revenue bonds are categorized under terms such as «Utilities» or «Transportation»

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 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.

«As the state official who will issue and sign up to $ 175 million in general obligation bonds to finance the project, I want to feel comfortable that building the factory will proceed as the Legislature intended, and the Nevada taxpayer is protected.»