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| NEW YORK----Fitch Ratings assigns an 'AA-/F1+'rating to the Illinois Finance Authority variable rate demand revenue bonds as follows: ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an 'AAA' rating to the Calallen Independent School District, Texas' approximately $43.7 million unlimited tax school building bonds, series 2008, and $4.4 million unlimited tax refunding bonds, series 2008. ... more info |
| NEW YORK----Fitch Ratings assigns a rating of 'AA' to approximately $102,700,000 State of Maine general obligation bonds expected by negotiation the week of May 19. The bonds are due May 15, 2009-2018. ... more info |
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| NEW YORK----Fitch Ratings has taken the following rating actions on the mezzanine/subordinate bonds on the Structured Asset Mortgage Investments, Inc. transactions listed below: ... more info |
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| NEW YORK----Fitch Ratings has taken the following rating actions on the mezzanine/subordinate bonds on the First Horizon Alternative Mortgage Securities Trust transactions listed below: ... more info |
| NEW YORK----Fitch Ratings has taken the following rating actions on the mezzanine/subordinate bonds on the Residential Accredit Loans, Inc. transactions listed below: ... more info |
| NEW YORK----Fitch Ratings assigns an 'AA/F1+' rating to the $107,125,000 Maine Health & Higher Educational Facilities Authority revenue bonds, series 2008 A. The long-term 'AA' rating is based on the higher of the 'AA-' rating assigned by Fitch to KBC Bank, NV, which provides a direct-pay letter of credit securing the bonds, and the 'AA' underlying rating assigned by Fitch to the bonds on May 7, 2008. ... more info |
| NEW YORK----Fitch Ratings has taken the following rating actions on the mezzanine/subordinate bonds on the PHH Mortgage Corp. transactions listed below: ... more info |
| American International Group Inc.'s chief executive said Wednesday the insurer's bid to bolster its balance sheet through the sale of stock and bonds is going better than expected. ... more info |
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| NEW YORK----Fitch Ratings has confirmed the 'BBB-' rating on the E-470 Public Highway Authority, CO's senior revenue bonds, consisting of the following: ... more info |
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| NEW YORK----Effective May 15, 2008, Fitch Ratings will raise to 'AAA' the current 'AA-' long-term rating assigned to the $113,000,000 Health and Educational Facilities Authority of the State of Missouri health facilities revenue bonds , consisting of $64,600,000 series 2005A-1 and $48,400,000 series 2005C-2. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AAA/F1+' to the $170,605,000 City of Austin water and wastewater system variable rate revenue refunding bonds series 2008. The long-term 'AAA' rating is based jointly on the long-term 'AA-' rating assigned by Fitch to the Austin, TX Combined Utility System (ACU and the support provided by an irrevocable, direct-pay letter of credit issued by Dexia Credit Local, acting through its New York Branch , currently rated 'AA+/F1+, securing the bonds. ... more info |
| AUSTIN, Texas----Fitch Ratings assigns an 'AAA' to Forney Independent School District, Texas' $40 million unlimited tax school building bonds, series 2008. The rating is based on a guaranty provided by the Texas Permanent School Fund , whose Insurer Financial Strength is rated 'AAA' by Fitch. ... more info |
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| CHICAGO----Fitch Ratings affirms the 'A-' underlying ratings on approximately $312.7 million of outstanding Rush University Medical Center Obligated Group revenue bonds issued through the Illinois Finance and Health Facilities Authorities . ... more info |
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| NEW YORK----Fitch Ratings has assigned the following ratings to Idaho Housing and Finance Association's single-family mortgage bonds, 2008 series A: ... more info |
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| NEW YORK----Fitch Ratings assigns an underlying 'A+' rating to Laredo, Texas' $3.47 million international toll bridge system revenue bonds, series 2008. Fitch also affirms the 'A+' rating on the city's approximately $63 million outstanding international toll bridge system revenue bonds. ... more info |
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| SAN FRANCISCO----Fitch assigns an 'AA' rating to $135.5 million Utah Water Finance Agency Series B program revenue bonds , series B-3 to be issued on behalf of the Metropolitan Water District of Salt Lake and Sandy . ... more info |
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| SAN FRANCISCO----Fitch assigns an 'AA-' rating on $62 million Clark County, Nevada, airport system revenue bonds, senior series 2008E . The current issue represents an adjustment to the series 2008E bonds which are now expected to be issued on the senior lien, instead of the subordinate lien. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA-/F1+' to $54,705,000 Vermont Educational and Health Buildings Financing Agency, variable rate hospital revenue refunding bonds , series 2008A. ... more info |
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| NEW YORK----Fitch Ratings affirms the 'AA' rating on the Washington School District Credit Enhancement Program. The Rating Outlook is Positive. Upon request, Fitch will assign its 'AA' rating to general obligation bonds of eligible Washington school districts based on a 1999 constitutional amendment that permits the state to guarantee school district general obligation debt. ... more info |
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| Sterne, Agee & Leach, Inc. served as underwriter for the City of Jackson, Mississippi's recent $5,155,000 bond issue. The Series 2008 Special Obligation Bonds were issued through the Mississippi Development Bank and security for the bonds is a general obligation and a City ad valorem tax. ... more info |
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| NEW YORK----On the effective date of May 14, 2008, Fitch Ratings will raise the current 'A+' long-term ratings assigned to the District of Columbia $252,480,000 multimodal general obligation bonds , consisting of the $184,490,000 series 2001C and $67,990,000 series 2001D to 'AA-'and 'AA+', respectively, and also confirm the short-term 'F1+' ratings assigned to each series of bonds. ... more info |
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| NEW YORK----H.R.Harmer, Inc. and Archives International, LLC announce the auction of historic worldwide banknotes, stocks and bonds, unique essay banknotes, U.S. Treasury Bonds and security printing ephemera from the American Bank Note Company archives. ... more info |
| JPMorgan Chase & Co. says the Securities and Exchange Commission may bring civil charges against the bank related to the bidding of instruments tied to municipal bonds. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'AA' rating to Clark County School District, Nevada, $675 million general obligation building bonds series 2008A. Fitch also affirms the 'AA' rating on Clark County School District's $4.5 billion outstanding GO bonds. ... more info |
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| MarketAxess, the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets bonds and other types of fixed-income securities, has partnered with Dow Jones & Co. to create AxessDaily, a daily newsletter to be delivered via e-mail to users of the MarketAxess trading platform or Corporate BondTicker service. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA+' rating to approximately $42.4 million State of Florida full faith and credit state board of education capital outlay bonds, 2008 series A. ... more info |
| MBIA Inc , the world's largest bond insurer, posted a quarterly loss of $2.4 billion on Monday as it took charges on billions of dollars of exposure to bonds linked to subprime mortgages. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'A' to approximately $100 million Boone County, Missouri hospital revenue bonds, series 2008 issued on behalf of Boone Hospital Center . ... more info |
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| NEW YORK----Fitch Ratings downgrades the long-term 'AAA' rating currently assigned to the $150,000,000 District of Columbia Multimodal revenue bonds Medlantic/Helix Issue series 1998A consisting of Tranche I, Tranche II and Tranche III , each in the amount of $47,225.000 to 'AA-', 'AA' and 'AA' respectively. ... more info |
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| NEW YORK----Fitch Ratings confirms the long-term 'AA-' rating and assigns a short-term rating of 'F1+' to the $222,225,000 Health and Educational Facilities Authority of the State of Missouri health facilities revenue bonds , consisting of $86,100,000 Series C-3, $60,000,000 Series C-5 and $76,125,000 Series D-4. ... more info |
| AUSTIN, Texas----Fitch has assigned a 'AAA' rating to the $66.365 million general obligation bonds, series 2008A of Tempe, Arizona. In addition, Fitch affirms the 'AAA' rating on the city's $359.8 million in GO bonds outstanding. ... more info |
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| NEW YORK----Fitch Ratings confirms the 'AAA' long-term rating and assigns a 'F1+' short-term rating to the $161,175,000 Indiana Health and Educational Facility Financing Authority, Revenue Bonds , consisting of $80,575,000 series 2005A and $80,600,000 series 2005B. ... more info |
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| NEW YORK----Fitch Ratings downgrades the long-term rating currently assigned to the $92,395,000 Tohopekaliga Water Authority Utility System variable rate revenue bonds, series 2007 to 'A+' and assigns a short-term rating of 'F1+' to the bonds. ... more info |
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| NEW YORK----Fitch Ratings assigns an underlying 'A' rating to the City of Santa Clara, California's maximum $88 million, series 2008B variable rate demand subordinated electric revenue bonds. ... more info |
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| NEW YORK----Fitch Ratings has assigned a rating of 'AAA/F1+' to the $100,000,000 Airport Commission , City and County of San Francisco, California, San Francisco International Airport, second series variable rate revenue refunding bonds, issue 36A, and a rating of 'AA/F1' to the Commission's $40,620,000 second series, issue 36B. ... more info |
| Maybe there's a way to thrive in the howling wasteland that is the home-loan market. Bonds backed by mortgages look like a buying opportunity, assuming a new spate of defaults doesn't send their prices tumbling again.
... more info |
| AUSTIN, Texas----Fitch assigns an 'AA' rating to the City of Lewisville, Texas' $10.5 million waterworks and sewer system revenue bonds, series 2008. In addition, Fitch assigns its 'AA' rating on approximately $37.1 million outstanding parity water revenue bonds. ... more info |
| TAMPA, Fla.----Fitch Ratings assigns an 'AAA' rating to the City of Charlotte, North Carolina's approximately $183.9 million general obligation refunding bonds, series 2008. The bonds are expected to sell via negotiation on May 13. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to the following issuances for Energy Northwest : ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an 'AA' rating to the City of Lewisville, Texas' $8.85 million general obligation bonds, series 2008. Additionally, Fitch affirms the 'AA' rating to the city's $59.5 million outstanding GO bonds and $45.2 million outstanding certificates of obligation. ... more info |
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| NEW YORK----Fitch Ratings has assigned an underlying 'AA-' rating to the Iowa Finance Authority's $150 million variable-rate revenue bonds, series 2008A-1 & 2008A-2 issued on behalf of Iowa Health System . ... more info |
| AUSTIN, Texas----Fitch Ratings assigns an underlying 'A' rating to Forney Independent School District, Texas' $40 million unlimited tax school building bonds, series 2008. In addition, Fitch affirms the district's approximately $177 million in outstanding unlimited tax bonds at 'A'. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an underlying 'A' rating to the Airport Commission, City and County of San Francisco, CA, San Francisco International Airport , second series variable rate revenue refunding bonds Issue 36C & D and Issue 37C & D, consisting of the following: ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-' rating to the Alaska Housing Finance Corporation draw down bonds series 2007 A, C & D. The bonds were authorized on March 1, 2007, along with the 2007 series B bonds, in a total principal amount of $900 million. ... more info |
| Municipal bonds and short selling are likely to be the next growth area for fixed-income exchange traded funds and notes. ... more info |
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| SAN FRANCISCO----Fitch Ratings has assigned an 'AA' rating to Riverside County Transportation Commission's $130 million sales tax revenue bonds 2008 series A. The bonds are scheduled to sell May 29 via a negotiated sale. ... more info |
| NEW YORK----Fitch Ratings assigns an 'AA' rating to the City of High Point, North Carolina's estimated $13.1 million general obligation bonds, series 2008. The bonds are scheduled for bids on May 20 and will mature serially from March 1, 2010-2029. ... more info |
| CHICAGO----Fitch assigns an 'AA' rating to Milwaukee County, Wisconsin's $30,860,000 general obligation corporate purpose bonds, series 2008A, scheduled for competitive sale on or about May 22, 2008. ... more info |
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| NEW YORK----Fitch Ratings has assigned a 'BBB+' rating to the Maryland Health and Higher Educational Facilities Authority revenue bonds, series 2008, issued on behalf of Frederick Memorial Hospital and affirmed all other outstanding parity debt at 'BBB+'. ... more info |
| AUSTIN, Texas----Fitch assigns an 'AA' rating to Albuquerque , New Mexico's $39 million general obligation general purpose bonds, series 2008A, and $4 million GO storm sewer bonds, series 2008B, scheduled to sell competitively on May 19. ... more info |
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| NEW YORK----Fitch Ratings has assigned ratings to the following issues for the California Health Facilities Financing Authority : ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA+/F1+' rating to the Illinois Finance Authority variable rate demand revenue bonds, series 2008 : ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'A+/F1' to the $3,870,000 California Pollution Control Financing Authority, variable rate demand solid waste disposal revenue bonds series 2008A. ... more info |
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| NEW YORK----On the effective date of May 14, 2008, Fitch Ratings will downgrade the rating assigned to the $2,620,000 California Pollution Control Financing Authority, Variable Rate Demand Solid Waste Disposal Revenue Bonds , series 2000A to 'A+/F1' from 'AA/F1+'. ... more info |
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| CHICAGO & NEW YORK----Fitch Ratings assigns an 'AAA' rating to the Colorado Water Resources and Power Development Authority's approximately $11.1 million drinking water revenue bonds 2008 series A. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA' rating to Tampa Bay Water, Florida's approximately $104 million utility system improvement revenue bonds series 2008. Subject to market conditions, the bonds are scheduled for a negotiated sale the week of May 19. ... more info |
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| NEW YORK----Fitch Ratings has assigned a 'AA-/F1+' rating to the Arizona Sports and Tourism Authority's $53,050,000 senior variable rate demand revenue refunding bonds , , series 2008 . ... more info |
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| NEW YORK----Fitch Ratings assigns an initial 'AA-' underlying rating to approximately $590 million outstanding State of Connecticut second lien special tax obligation bonds, transportation infrastructure purposes , as follows: ... more info |
| CHICAGO & NEW YORK----Fitch Ratings has assigned an underlying 'AA' rating to Maine Health and Higher Educational Facilities Authority $29.7 million revenue bonds, series 2008A and $104.5 million revenue bonds, series 2008B. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to Suffolk County, New York's approximately $69.4 million public improvement serial bonds- 2008 series A. The bonds are general obligations of the county, payable from an unlimited ad valorem tax pledge. ... more info |
| Moody's Investors Service on Wednesday assigned ratings to DirecTV Group Inc.'s new term loan and bonds, and revised the outlook on the ratings to stable from negative. ... more info |
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| NEW YORK----While retreating from the $127.6 billion recorded in the fourth quarter of 2007, the par value of U.S. corporate bonds affected by downgrades in the first quarter of 2008 remained elevated at $88.4 billion, outpacing par upgrades by nearly a 2-to-1 margin, according to Fitch Ratings. ... more info |
| MarketAxess Holdings Inc. , the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets bonds and other types of fixed-income securities, today announced total monthly trading volume for April 2008 of $22.0 billion, consisting of $13.1 billion in U.S. high-grade volume, $3.2 billion in European high-grade volume, and $5.8 billion in other volume. ... more info |
| Treasury bond prices reversed course Tuesday, with investors pulling money out of government bonds to participate in a moderate rally in stocks. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AAA/F1+' rating to the Indiana Finance Authority's health system revenue refunding bonds, series 2008 consisting of the following: ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA+/F1+' to the Health, Educational and Housing Facility Board of the County of Knox adjustable rate hospital facilities revenue bonds, series 2008 , consisting of: ... more info |
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| CHICAGO----Fitch Ratings has assigned an 'A+' rating to approximately $226.3 million California Statewide Communities Development Authority revenue bonds , series 2008A-E and approximately $298.7 million California Health Facilities Financing Authority revenue bonds , series 2008G-L. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AAA/F1+' to $125,000,000 County of Allen adjustable rate hospital facilities revenue bonds, series 2008A , and a rating of 'AA+/F1+' to the following County of Allen adjustable rate hospital facilities revenue bonds: $75,000,000 series 2008B; $37,500,000 series 2008C; $32,500,000 series 2008D; and $30,000,000 series 2008E. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA/F1+' to the $60,300,000 City of Riverside, California variable-rate refunding water revenue bonds issue of 2008A. The 'AA' long-term rating, which was initially assigned on April 28, 2008, reflects the credit quality of the city. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AAA/F1+' to the $284,820,000 Airport Commission of the City and County of San Francisco, California, San Francisco International Airport, second series variable-rate revenue refunding bonds, Issue 37, consisting of $205,100,000 Issue 37A and $79,720,000 Issue 37B. ... more info |
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| NEW YORK----Fitch Ratings has confirmed the long-term 'AAA' rating and assigned a short-term 'F1+' rating to the Health and Educational Facilities Authority of the State of Missouri's $241,575,000 health facilities revenue bonds series 2005, consisting of the following subseries: ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'A+' rating to Pleasant Grove City, Utah's $4.1 million excise tax bonds. In addition, the city's $2 million in outstanding parity bonds are assigned an 'A+' rating. ... more info |
| Shares of utility companies mostly fell Tuesday as Treasury bonds lost value, lifting their yields to more effectively compete with utility company dividends. ... more info |
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| SAN FRANCISCO----Fitch Ratings has assigned an 'A-' rating on the approximately $42.5 million Hospital Authority No.2 of Douglas County, Nebraska health facilities refunding and revenue bonds series 2008; and $167.6 million Hospital Authority No.3 of Douglas County, Nebraska health facilities refunding and revenue bonds series 2008. ... more info |
| Ambac Financial Group Inc. said Tuesday the bonds it insures are starting to become more valuable, indicating the market is placing a higher value on the insurance the company sells. ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'A+' to approximately $265.3 million Florida Department of Environmental Protection Florida Forever revenue and revenue refunding bonds, series 2008A. ... more info |
|
| NEW YORK----Fitch Ratings assigns an underlying 'AA-' rating to the Port Authority of New York and New Jersey's $400 million of consolidated bonds, series 152. The bonds are expected to sell competitively on or about May 7th. ... more info |
| NEW YORK----Fitch Ratings assigns an 'A+' rating to the Pennsylvania Intergovernmental Cooperation Authority's approximately $133.7 million special tax revenue refunding bonds , series 2008A and $80.8 million special tax revenue refunding bonds, series 2008B. ... more info |
|
| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms the 'AA' rating on Indian River County, FL's approximately $46.3 million in outstanding limited ad valorem tax bonds, series 2006, the 'AA' rating on $14 million in spring training facility bonds, series 2001, and the 'AA+' rating on approximately $10.9 million in outstanding general obligation bonds. ... more info |
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| CHICAGO----Fitch Ratings assigns 'BBB+' ratings to the Toledo-Lucas County Port Authority, OH Northwest Ohio Bond Fund , $4,845,000 taxable development revenue bonds, series 2008A . ... more info |
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| CHICAGO----Fitch Ratings has assigned an underlying 'A+' rating to the Wisconsin Health and Educational Facilities Authority's approximately $89.3 million of hospital revenue bonds, , series 2008A and series 2008B. ... more info |
| AUSTIN, Texas----As part of ongoing surveillance, Fitch affirms the rating for Livingston Parish, Louisiana general obligation bonds, series 2004 bonds at 'A'. This action affects approximately $8.3 million in outstanding bonds, which were used for the construction and acquisition of public libraries for the parish. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an underlying 'A' rating to the Airport Commission, City and County of San Francisco, CA, San Francisco International Airport , Second Series variable rate revenue refunding bonds Issue 36A & B and Issue 37A & B, consisting of the following: ... more info |
|
| NEW YORK----Fitch Ratings assigns a 'AA' long-term rating and a short-term rating of 'F1+' to the $121,740,000 City of Jacksonville, Florida transportation revenue bonds, series 2008B. ... more info |
|
| NEW YORK----Fitch has assigned a 'BBB' rating to the anticipated $150 million issuance of Kansas Gas & Electric's first mortgage bonds and simultaneously placed the FMBs on Rating Watch Positive. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AA+/F1+' rating to Nassau County Interim Finance Authority, NY's approximately $606.675 million sales tax secured variable-rate refunding bonds consisting of: ... more info |
| Investors moved out of Treasury bonds on Thursday as a rally in stocks sent the Dow Jones industrials up nearly 190 points. ... more info |
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| NEW YORK----Fitch rates Horry County, South Carolina's $62 million General Obligation bonds, series 2008 'AA-'. The bonds are scheduled to sell competitively on May 6th. Bond proceeds will be used to finance the expansion of the county's detention center and the construction of three libraries. ... more info |
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| NEW YORK----Fitch rates Children's Trust, tobacco settlement asset-backed bonds, series 2008 bonds as follows: ... more info |
| NEW YORK----Fitch upgrades the United Nations Development Corp.'s approximately $124.2 million 2004 refunding bonds, series A, to 'A' from 'A-'. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AAA/F1+'rating to the $53,930,000 State of Connecticut Health and Educational Facilities Authority Revenue Bonds, Greenwich Hospital Issue, Series C. ... more info |
|
| NEW YORK----Fitch Ratings assigns a rating of 'AA-/F1+' to the $50,000,000 Illinois Finance Authority Pollution Control revenue refunding bonds , series 2008D and a rating of 'A+/F1+' to the $91,000,000 series 2008F bonds. ... more info |
|
| NEW YORK----Fitch Ratings assigns a long-term underlying rating of 'A' to approximately $280 million Maryland Health and Higher Educational Facilities Authority revenue bonds, University of Maryland Medical System Issue , series 2008A-E. ... more info |
|
| U.S. markets have been on the march since, well, mid-March. The good news: investors are beginning to take more risk, moving out of Treasury bonds and other financial security blankets and into the stock market. The bad news is that there's still a lot of risk to take.
... more info |
| The interest rate on the Tennessee Valley Authority 1998 Series D Putable Automatic Rate Reset Securities, traded on the New York Stock Exchange under the symbol "TVC," will be reset from 5.49 percent to 5.46 percent on June 1, 2008. ... more info |
|
| SAN FRANCISCO----Fitch Ratings assigns an 'A-' rating to Baldwin Park Unified School District , California's $15.0 million election of 2006, series 2008 general obligation bonds . In addition, Fitch affirms the district's approximately $80 million in outstanding GO debt. ... more info |
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| NEW YORK----Fitch rates Pennsylvania Higher Education Assistance Agency student loan adjustable revenue bonds, 1995 series A as follows, effective as of April 30, 2008: ... more info |
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| NEW YORK----Fitch assigns Pennsylvania Higher Education Assistance Agency student loan adjustable revenue bonds, 1999 series A as follows, effective as of April 30, 2008: ... more info |
| NEW YORK----Fitch Ratings has confirmed its 'A+' rating to the New Jersey Economic Development Authority's conversion of $19,035,000 Business Employment Incentive Program bonds 2004 series A and $43,665,000 BEIP bonds 2004 series B to fixed from auction rate securities. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA/F1+' to the $150,870,000 State of Kansas Department of Transportation adjustable tender highway revenue bonds series 2008A consisting of $23,000,000 series 2008A-1; $38,900,000 series 2008A-2; $595,000 series 2008A-3; $50,275,000 series 2008A-4; and $38,100,000 series 2008A-5. ... more info |
|
| NEW YORK----In the course of routine surveillance, Fitch affirms the 'BBB' rating on the town of Queen Creek, Arizona, improvement district No. 1 approximately $54 million in outstanding special assessment bonds. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA-/F1+' to the $38,395,000 City of Pittsburg, California Public Financing Authority Water Revenue Refunding Bonds Series 2008. The rating is based on the support provided by an irrevocable, direct-pay letter of credit issued by Allied Irish Bank p.l.c. securing the bonds. ... more info |
|
| NEW YORK----Fitch Ratings assigns a rating of 'AA/F1+' to the $17,150,000 California Pollution Control Financing Authority, variable rate demand solid waste disposal revenue bonds series 2008A. ... more info |
|
| NEW YORK----On the effective date of the proposed conversion of the $206,000,000 Miami-Dade County Health Facilities Authority, Florida, Hospital Revenue and Revenue Refunding Bonds, , series 2006B from their current auction-rate mode to a weekly variable-rate mode, Fitch will assign 'AA/F1+' ratings to the issuer's series 2006B-1, series 2006B-2, and series 2006B-3 bonds and a 'AA/F1' rating to the issuer's series 2006B-4 bonds. ... more info |
|
| CHICAGO----Fitch rates the New York State Environmental Facilities Corporation $261 million state clean water and drinking water revolving funds revenue bonds , series 2008A 'AAA' and rates the EFC's $217.9 million NYCMWFA Projects subordinate lien bonds 'AA+'. ... more info |
|
| NEW YORK----Fitch Ratings assigns a rating of 'AA+/F1' to the $40,000,000 Maryland Health and Educational Facilities Authority revenue bonds, Howard County General Hospital Issue, series 2008. ... more info |
|
| NEW YORK----Fitch Ratings has assigned a rating of 'AA-' to $100 million Missouri Health and Educational Facilities Authority facilities revenue bonds, series 2008, to be issued on behalf of SSM Health Care , and affirmed the long-term unenhanced ratings on all other outstanding parity debt at 'AA-'. ... more info |
| SAN FRANCISCO----Fitch has affirmed its underlying 'A' rating on the approximately $813.4 million in outstanding revenue bonds issued on behalf of Adventist Health System/West . The Rating Outlook is Stable. ... more info |
| High-yield, or "junk," bonds are having their best month in years. But the worry now is not just about rising defaults but about meager recovery rates on defaulted bonds and loans.
... more info |
|
| SAN FRANCISCO----Fitch Ratings has assigned an 'A-' rating to the approximately $153 million Industrial Development Authority of the City of Scottsdale, Arizona, hospital revenue refunding bonds series 2008A. ... more info |
|
| NEW YORK----Fitch affirms the underlying 'A' rating to the City of Winter Park, Florida's $42.025 million series 2005A , and $7.775 million series 2005B electric revenue bonds. Fitch also affirms the rating on the City of Winter Park, Florida's $22.135 million of electric revenue bonds, series 2007A at 'A'. ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'A+' rating to Lower Colorado River Authority's $159.5 million transmission contract refunding revenue bonds, series 2008 . The bonds are expected to price on May 13, 2008. ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'A+' rating to Lower Colorado River Authority's , $202.6 million refunding and improvement revenue bonds, series 2008. The Rating Outlook is Stable. ... more info |
|
| NEW YORK----Fitch Ratings assigns a rating of 'AA-/F1+' to the $260,000,000 JEA variable rate electric system revenue bonds, Series Three 2008D consisting of $130,000,000 Series Three 2008D-1 Bonds and $130,000,000 Series Three 2008D-2 Bonds. ... more info |
|
| NEW YORK----Fitch Ratings confirms the rating of 'AA/F1+' assigned to the $121,595,000 Wisconsin Health and Educational Facilities Authority Variable Rate Revenue Bonds, series 2005B , and $63,800,000 Wisconsin Health and Educational Facilities Authority Variable Rate Revenue Bonds, series 2005C . ... more info |
|
| NEW YORK----Fitch Ratings assigns a rating of 'AAA/F1+' to the $103,855,000 University of Akron general receipts refunding bonds, series 2008C, consisting of $65,530,000 series 2008C-1 and $65,440,000 series 2008C-2. ... more info |
|
| NEW YORK----Fitch Ratings has assigned 'AA-/F1+' ratings to the Denver Urban Renewal Authority's $79,000,000 Stapleton senior tax increment revenue bonds, series 2008A-1. The rating is based on the support provided by an irrevocable direct-pay letter of credit issued by U.S. ... more info |
| NEW YORK----Fitch assigns an 'A' rating to North Carolina Municipal Power Agency No. 1's $324 million Catawba Electric Revenue bonds, refunding series 2008A, refunding series 2008B , and series 2008C. ... more info |
| NEW YORK----Fitch rates Stanford University's approximately $184 million of fixed rate revenue bonds series T-4, issued through the California Educational Facilities Authority, 'AAA'. ... more info |
|
| NEW YORK----Fitch Ratings has assigned a 'AA-/F1+' rating to the City of Los Angeles Wastewater System subordinate revenue bonds, variable rate refunding, consisting of: ... more info |
|
| NEW YORK----Fitch rates approximately $236.8 million University of Virginia Rector and Visitors general revenue pledge bonds, series 2008 'AAA'. At the same time, Fitch affirms the following ratings on UVA's debt portfolio: ... more info |
|
| AUSTIN, Texas----Fitch ratings assigns an 'A+' underlying rating to Houston, Texas' combined utility system first lien revenue refunding bonds as follows: ... more info |
|
| NEW YORK----Financial Security Assurance announced the expiration, as of today, of confidentiality agreements between certain holders of bonds issued by Metronet Rail BCV and Metronet Rail SSL and FSA and Ambac Assurance UK Limited . ... more info |
|
| NEW YORK----Ambac Assurance UK Limited announced the expiration, as of today, of confidentiality agreements between certain holders of bonds issued by Metronet Rail BCV and Metronet Rail SSL and AUK and Financial Security Assurance Limited . ... more info |
| MGIC Investment Corp. will ask shareholders to approve a plan for the company to issue more shares to convert bonds the mortgage insurer is selling. ... more info |
|
| CHICAGO----Fitch Ratings assigns an 'AAA' rating to the Rhode Island Clean Water Finance Agency's $35.8 million safe drinking water revolving fund revenue bonds, series 2008A . The bonds are expected to price during the week of May 5 via negotiation. ... more info |
|
| NEW YORK----Fitch assigns a 'BBB+' rating to North Carolina Eastern Municipal Power Agency' $430.8 million power system revenue bonds, refunding series 2008A and refunding series 2008B . ... more info |
|
| NEW YORK----Fitch expects to rate Rhode Island Student Loan Authority Student Loan Program Revenue Bonds, Series 2008 as follows: ... more info |
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| CHICAGO----Fitch rates the Indianapolis Local Public Improvement Bond Bank 's approximately $59.7 million bonds, series 2008A 'AA+'. The bonds are expected to price on April 29 on a negotiated basis. ... more info |
| If the stock markets' wild swings have been making you nervous, it might be time to consider an asset-allocation fund. These hybrids mix stocks, bonds, and cash in parachute portfolios designed to catch wind in boom times and to cushion against sharp drops.
... more info |
| AUSTIN, Texas----Fitch rates the following City of Riverside, California revenue bonds 'AA': ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to The City of Austin, Texas' $172,580,000 water and wastewater system variable-rate revenue refunding bonds, series 2008. Proceeds from the 2008 bonds will refund approximately $162,485,000 of Austin's outstanding combined utility systems revenue bonds issued for the water and wastewater system. ... more info |
| Venezuela is selling $4 billion in government bonds as part of an effort to slow inflation and strengthen its currency, the Finance Ministry said Monday. ... more info |
| Russia gears up to invest a potential $25bn in foreign shareholdings and bonds as Vladimir Putin seeks to turn the country into a powerful sovereign wealth fund investor ... more info |
| Russia is gearing up to invest a potential $25bn in foreign share stakes and corporate bonds, starting next year, as outgoing President Vladimir Putin pushes ahead... ... more info |
| Low-risk government bonds from the U.S., Europe and Japan have suffered a rout in April amid waning risk aversion, shifting views on the interest-rate outlook and rising worries about inflation.
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| NEW YORK----Fitch Ratings has upgraded the Maryland Health and Higher Education Facilities Authority and the District of Columbia's approximately $883.3 million of revenue bonds issued on behalf of MedStar Health, Inc. to 'A-' from 'BBB+'. ... more info |
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| NEW YORK----Fitch Ratings has assigned an underlying 'BBB+' rating to the Vermont Educational and Health Buildings Financing Agency's approximately $50 million variable-rate hospital revenue refunding bonds series 2008A. ... more info |
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| CHICAGO----Fitch Ratings has assigned an 'A-' rating to the $367.5 million Illinois Health Facilities Authority revenue bonds , series 2008A-E bonds. Additionally, Fitch downgrades Elmhurst Memorial Healthcare's $164 million in outstanding bonds to 'A-' from 'A'. ... more info |
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| CHICAGO----Fitch has assigned an 'A+' rating to the expected issuance of $32.3 million Hospital Authority No. 1 of Lancaster and Saline Co Hospital revenue refunding bonds, series 2008A and an 'A+' underlying rating on the expected $96.1 million Hospital Authority No. 1 of Lancaster and Saline Co Variable Rate Hospital revenue bonds, series 2008B&C . ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA+' rating to the State of Texas' $117,285,000 general obligation bonds State of Texas Water Financial Assistance bonds, series 2008A expected May 6, 2008 through negotiation. ... more info |
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| AUSTIN, Texas----As part of ongoing surveillance, Fitch affirms the rating for Burleson, TX' water & sewer revenue bonds at 'A'. This action affects approximately $26.2 million in outstanding bonds. ... more info |
| SAN FRANCISCO----Fitch Ratings assigns an 'A+' rating to city of Fresno Joint Powers Financing Authority , CA's approximately $34.2 million lease revenue bonds series 2008C and $2.4 million lease revenue bonds series 2008D . ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'A-' rating to approximately $24.7 million Oakley Redevelopment Agency, California's subordinate tax allocation bonds series 2008A . In addition, Fitch has upgraded the rating to 'A+' from 'A-' on approximately $6.7 million of outstanding tax allocation bonds series 2003A which are senior to the series 2008A bonds. ... more info |
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| AUSTIN, Texas----Fitch Ratings has assigned an 'AAA' rating to Leander Independent School District, Texas' $279.3 million unlimited tax school building and refunding bonds, series 2008. ... more info |
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| NEW YORK----Fitch Ratings assigns an underlying 'AA-' rating to the City of Riverside, California's electric revenue bonds, $84,515,000 Issue of 2008A, $57,275,000 Issue of 2008B, $57,325,000 Issue of 2008C, and $208,150,000 Issue of 2008D. ... more info |
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| NEW YORK----Fitch Ratings has upgraded the following ratings for ALL Student Loan Corporation series II Trust: ... more info |
| Investors rushed to bet on higher interest rates on Friday, dumping bonds on a conviction the world's top central banks were turning from nursing economies hobbled by a credit crisis to battling inflation. ... more info |
| Investors dumped Japanese bonds on Friday, betting the world's biggest central banks were shifting their focus to fighting inflation rather than cushioning a fragile global economy from the credit crisis. ... more info |
| Japanese annual inflation hit a decade-high of 1.2 percent in March, helping trigger one of the biggest ever sell-offs in yen bonds as investors realized Japan has no immunity from price pressures facing the rest of the world, and that could eventually lead to a rate hike despite a weak economy. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to the Kentucky State Property and Buildings Commission's approximately $200.9 million revenue and revenue refunding bonds, Project No. 89. ... more info |
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| NEW YORK----Fitch Ratings confirms the long-term 'AAA' rating and assigns a short-term rating of 'F1+' to the $293,600,000 Long Island Power Authority , electric general revenue bonds, consisting of: $65,600,000 series 2003I, $47,000,000 series 2003J, $47,000,000 series 2003K, $47,000,000 series 2003L, $20,000,000 series 2003M, $47,000,000 series 2003N and $20,000,000 series 2003 O. ... more info |
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| NEW YORK----Fitch Ratings assigns ratings to the $499,105,000 Orlando-Orange County Expressway Authority , FL, variable rate revenue refunding bonds, series 2008B bonds, comprised of four subseries based on direct-pay letters of credit supporting the bonds and the application of Fitch's joint probability methodology. ... more info |
| CHICAGO----Fitch Ratings has downgraded the rating on Northampton Generating Co., L.P.'s $153 million senior tax-exempt series 1994 A resource recovery revenue bonds due 2009 to 2019 to 'B' from 'BB-'. ... more info |
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| AUSTIN, Texas----Fitch assigns its 'BBB' rating to Denver Urban Renewal Authority , Colorado's Stapleton senior tax increment revenue bonds, series 2008A-1, scheduled to sell via negotiation the week of April 28. ... more info |
| Shares of utility companies closed mostly lower Thursday as the broader stock market rose but yields on Treasury bonds also climbed. ... more info |
| When Fed officials discuss the course of interest rates, they might take some comfort from recent bond market action. Junk bonds have staged a mini-rally since mid-March, when Bear Stearns collapsed into the hands of J.P. Morgan Chase.
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| Stocks rallied and bonds slumped Thursday as investors welcomed a stronger dollar, weaker oil prices and upbeat earnings from Ford Motor and Apple.
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| Fitch Ratings has given $750 million in bonds sold by Fifth Third Bancorp "high quality" ratings, the ratings agency said Thursday. ... more info |
| Treasury prices fell Thursday as investors, already anticipating an end to the Federal Reserve's rate-cutting campaign, found another reason to sell government bonds when a report showed a surprising drop in unemployment claims. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-' rating to approximately $45,920,000 Maine Turnpike Authority turnpike revenue refunding bonds, series 2008. Fitch also affirms the authority's outstanding $357 million turnpike revenue bonds at 'AA-'. ... more info |
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| WASHINGTON----The Financial Industry Regulatory Authority issued an Investor Alert today warning investors about the risks of speculating on natural disasters with event-linked securities, such as catastrophe bonds or "cat bonds." ... more info |
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| BOCA RATON, Fla.----Bonds.com Group, Inc. through its subsidiary Bonds.com, Inc., provider of an innovative comprehensive online trading platform providing execution, liquidity and competitive pricing to the fragmented fixed income marketplace, announced today that its BondStation platform will provide continuous intra-day updates on the underlying ratings of insured municipal bonds assigned by credit rating agencies. ... more info |
| Markets climbed despite the weak new-home sales report. The dollar rose and bonds fell on the heels of a stronger-than-expected jobless claims report and as investors reconsidered their rate-cut forecasts ahead of a pivotal Fed meeting.
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| Markets climbed despite the weak new-home sales report. The dollar rose and bonds fell on the heels of a stronger-than-expected jobless claims report and as investors reconsidered their rate-cut forecasts ahead of a pivotal Fed meeting.
... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an underlying 'AA-' rating to the following City of Los Angeles, California wastewater system subordinate revenue bonds, variable-rate refunding: ... more info |
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| NEW YORK----Fitch Ratings affirms its underlying 'A-' rating on Florida Higher Educational Facilities Financing Authority's $21.3 million series 2004 revenue bonds issued on behalf of Ringling College of Art and Design . ... more info |
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| If currency swings make you nervous, then investing in international bonds may cause more grey hairs than it’s worth right now.
... more info |
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| NEW YORK----Fitch Ratings confirms the long-term 'AAA' rating currently assigned to the $44,885,000 Clarksville, TN water, sewer, and gas revenue bonds, series 2004 . The 'AAA' continues to be based on the support of an insurance policy provided by Financial Security Assurance Inc., which insures scheduled payments of principal and interest on the bonds. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AAA/F1+'rating to the New Jersey Economic Development Authority School Facilities Construction Refunding bonds, 2008 series V-2 and V-4, and 'AA+/F1+' to 2008 series V-1, V-3 and V-5. ... more info |
| Plains All American Pipeline L.P. raised $592 million by completing a sale of 10-year bonds to a private investor, the energy pipeline company said Wednesday. ... more info |
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| NEW YORK----Fitch Ratings assigns the California Department of Water Resources' $295 million, series 2008K power supply revenue bonds an underlying rating of 'A+'. In addition, Fitch affirms the underlying rating on DWR's $10 billion of outstanding parity power supply revenue bonds at 'A+'. ... more info |
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| BANCO PICHINCHA C.A. , a bank incorporated in the Republic of Ecuador , announced today the extension of the Expiration Date for the previously announced solicitation of consents to amend the terms of the indenture and collateral control agreement for its U.S. $25,000,000 Floating Rate U.S. ... more info |
| CHICAGO----The 'BBB' Issuer Default Rating of Louisiana Citizens Property Insurance Corporation and the 'BBB' underlying ratings on LA Citizens' $978.2 million assessment revenue bonds remain on Rating Watch Negative by Fitch Ratings. ... more info |
| Ambac Financial Group Inc , a bond insurer that struggled to raise capital earlier this year, posted a surprisingly wide first-quarter loss on Wednesday after setting aside $1 billion to cover future payouts on mortgage bonds. ... more info |
| Fresh record-high oil prices and a rush of quarterly results from bellwethers like AT&T, DuPont and McDonald’s sent the Dow down more than 100 points. ... more info |
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| NEW YORK----Fitch Ratings assigns underlying 'A+' ratings on $1,132,025,000 of New Jersey Economic Development Authority school facilities construction refunding bonds, 2008 series V, consisting of the following: ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA' rating to $125 million State of Illinois general obligation bonds series of April 2008, which mature April 1, 2009-2033. The bonds are expected to sell on April 23, 2008. ... more info |
| A few firms have attempted to move away from weighting stocks in an index by capitalization. Now, one is looking at doing the same for bonds. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'A+' rating to the Public Building Authority of Blount County, Tennessee's approximately $34.0 million local government improvement bonds, series B-16-A. ... more info |
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| NEW YORK----Fitch Ratings assigns an underlying 'A+' rating to the Nassau county Sewer and Storm Water Authority, New York's $137.4 million system revenue bonds, 2008 series A. The bonds are scheduled for negotiated sale on May 20. ... more info |
| AUSTIN, Texas----Fitch assigns an 'A-' underlying rating to the Arizona Sports and Tourism Authority $53.05 million senior variable rate demand revenue refunding bonds , series 2008. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'AA' rating to Campbell Union High School District's $30 million election of 2006, series 2008B general obligation bonds and upgrades the district's approximately $114 million in outstanding GO debt to 'AA' from 'AA-'. ... more info |
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| NEW YORK----Fitch Ratings assigns Piedmont Municipal Power Agency's $346 million, series 2008A and B electric system revenue bonds a 'BBB+' rating. The Rating Outlook is Stable. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA' long-term rating and a 'F1+' short-term rating to the $154,535,000 City of Jacksonville, FL, transportation revenue bonds, series 2008A. The short-term 'F1+' rating is based upon the liquidity support of the standby bond purchase agreement provided by JPMorgan Chase Bank, N.A. . ... more info |
| Major banks have rushed to tap Japan's investors as the global credit crisis made lenders wary elsewhere and more banks are expected to take advantage so long as U.S. and European markets are under strain. ... more info |
| The Bank of England said it would let banks swap mortgage-backed securities valued at about $100 billion for government bonds. ... more info |
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