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| SAN FRANCISCO----Fitch rates the San Jose-Santa Clara Clean Water Financing Authority's $30.4 million sewer refunding revenue bonds, series 2009A 'AA+'. In addition, Fitch upgrades the authority's $41.3 million outstanding revenue bonds to 'AA+' from 'AA'. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA' rating to $400 million State of Washington general obligation bonds, scheduled to sell competitively on Jan. 7, 2009. The offering consists of two series, which will be bid separately as follows: ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an 'AA-' rating to $30.8 million City of Fort Collins, Colorado wastewater utility enterprise sewer revenue bonds, series 2009A. In addition, Fitch affirms the 'AA-' rating on the city's $16 million of outstanding parity bonds. ... more info |
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| NEW YORK----Fitch Ratings has assigned initial 'A' ratings to the following revenue bonds for the City of Paducah Electric Plant Board: ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to $1.1 billion Empire State Development Corporation, New York state personal income tax revenue bonds, consisting of: ... more info |
| Liberty's move to convert some bonds to shares has helped the U.K. property company retire some debt.
... more info |
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| NEW YORK----Effective Jan. 14, 2009, Fitch Ratings will upgrade the long-term rating to 'AA+' from 'A+' and assign a short-term rating of 'F1+' to the New York State Housing Finance Agency 2003 series L refunding service contract revenue bonds . ... more info |
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| NEW YORK----Effective Jan. 14, 2009, Fitch Ratings will upgrade the long-term rating to 'AA+' from 'A+' and assign a short-term rating of 'F1+' to the New York State Housing Finance Agency $88,750,000 2003 series M refunding service contract revenue bonds, sub-series M-1 and M-2 , consisting of $63,750,000 of the series 2003, sub-series M-1 and $25,000,000 of the series 2003, sub-series M-2. ... more info |
| Hong Kong lawmakers slammed HSBC for helping to sell Lehman Brothers bonds in the Chinese territory, questioning if Europe's largest bank should have done more to protect local investors from products that may be worthless in the aftermath of the Wall Street firm's collapse. ... more info |
| Ecuador's social security institute plans to buy $500 million in treasury bonds that the government may issue to finance its budget while mulling a default on other debts, the institute's director said Monday. ... more info |
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| SAN FRANCISCO----As part of its routine surveillance, Fitch affirms its 'A-' rating on the City of Boerne, TX's $13 million in outstanding utility system improvement revenue bonds. The Rating Outlook is Stable. ... more info |
| Treasurys rose Monday as investors continued to seek out the safety of government-backed bonds in the last few trading days of the year. ... more info |
| Treasurys rose Monday as investors continued to seek out the safety of government-backed bonds in the last few trading days of the year. ... more info |
| Treasurys rose Monday as investors continued to seek out the safety of government-backed bonds in the last few trading days of the year. ... more info |
| Brazil will sell treasury bonds to finance its new sovereign wealth fund, circumventing a legislative hurdle that had limited its cash supply, a treasury official said Friday. ... more info |
| GMAC's bonds and credit default swaps received a boost after the Fed approved the auto-financing company's bid to become a bank holding company.
... more info |
| This year world stock markets lost almost $30,000bn in value. Oil prices fell by two-thirds. House prices dropped. Bonds collapsed. Almost every asset performed alike in 2008: it went down ... more info |
| With few investors trading and fewer indicators to base trades on, the dollar and government bonds held tight Friday. ... more info |
| With few investors trading and fewer indicators to base trades on, the dollar and government bonds held tight Friday. ... more info |
| GMAC's bonds and credit default swaps received a boost after the Fed approved the auto-financing company's bid to become a bank holding company.
... more info |
| Fresh from a $30.6 million default, Ecuador's government has issued $700 million in new bonds to help finance next year's budget, local media reported Thursday. ... more info |
| Bail bond agents are increasingly helping cash-strapped defendants get out of jail with ultra-cheap financing deals, a practice that worries law enforcement officials and insurers, and could endanger public safety. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A-' rating to approximately $77 million New Orleans Aviation Board revenue refunding bonds series 2009A-1 , $18,730,000 NOAB revenue refunding bonds series 2009A-2 , $25,870,000 NOAB revenue refunding bonds series 2009B and $17,055,000 NOAB revenue refunding bonds series 2009C . ... more info |
| Government bonds continued a three-day slide Tuesday, after the Treasury Department auctioned off another $28 billion in debt. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'BBB+' to Rochester Gas & Electric Corp.'s issuance of $150 million 8.0% first mortgage bonds , due 2033. The new bonds rank equally with other secured debt of RG&E. ... more info |
| Government bonds continued a three-day slide Tuesday, after the Treasury Department auctioned off another $28 billion in debt. ... more info |
| Margaret Patel is senior portfolio manager of Evergreen's Diversified Capital Builder fund, which owns both stocks and bonds. She says high-quality corporate bonds may return as much as stocks over the next year, with less risk. ... more info |
| NEW YORK----Fitch Ratings assigns an 'AAA' rating to Fairfax County, Virginia's $230 million general obligation bonds, including $197.7 million GO public improvement bonds, series 2009A, and $32.5 million GO public improvement refunding bonds, series 2009B. ... more info |
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| SAN FRANCISCO----In the process of routine surveillance, Fitch Ratings affirms the 'AA-' rating of Layton City, Utah's $8.3 million sales tax revenue bonds. The Rating Outlook is Stable. ... more info |
| Government bonds fell Monday for the second straight session after the Treasury Department auctioned off $92 billion in debt. ... more info |
Despite U.S. backing, bonds issued by Fannie Mae and Freddie Mac have skeptics.
... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to the Board of Regents of the University of Oklahoma general revenue bonds, tax exempt series 2009A in the approximate amount of $57,100,000, and federally taxable series 2009B in the approximate amount of $8,700,000. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA-/F1+' to the $52,795,000 Industrial Development Authority of the County of Yavapai hospital revenue bonds , series 2008B . ... more info |
| NEW YORK----Fitch Ratings affirms its 'A+' rating on the University of Oklahoma's student housing revenue bonds, series 2004. The Rating Outlook remains Negative. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA+/F1+' rating to the $50,000,000 State of Alaska, Alaska International Airport System variable rate demand revenue refunding bonds , series 2009A . ... more info |
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| SAN FRANCISCO----Fitch Ratings, as part of its ongoing surveillance efforts, has affirmed its 'A+' rating on Memorial Health Services' approximately $354 million of outstanding revenue bonds. ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms the 'BBB-' rating on approximately $89.2 million Hudson County Improvement Authority , New Jersey outstanding solid waste revenue bonds series 1998 , including the solid waste system revenue refunding bonds and the Koppers landfill site improvement bonds. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns its 'AAA' rating to Abbott Independent School District, Texas' unlimited tax school building bonds, series 2006A; $3.4 million of the bonds are presently outstanding. ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms Pinellas County, Florida's approximately $27.6 million in capital improvement revenue bonds at 'AA+'. Concurrently, Fitch assigns an 'AA+' implied general obligation rating to the county. ... more info |
| OSAKA, Japan----Panasonic Corporation announced that its Board of Directors today resolved to issue straight bonds. Panasonic will offer the bonds in order to secure financial requirement for expanding its business. ... more info |
| SAN FRANCISCO----Fitch Ratings has affirmed its 'CC' rating on approximately $45.5 million of bonds issued by Valley Health System, California as follows: ... more info |
| NEW YORK----Fitch Ratings assigns an 'AAA' rating to the State of Delaware's $225 million general obligation bonds, series 2009. Bonds will be offered to retail buyers beginning Jan. 12, 2009 with the remainder to be sold competitively Jan. 14. ... more info |
| TAMPA, Fla.----Fitch Ratings affirms the 'AA' rating on Mission Health System, Inc.'s outstanding indebtedness listed below. The Rating Outlook is Stable. ... more info |
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| NEW YORK----Fitch Ratings confirms the 'AAA' long-term rating and effective Dec. 30, 2008, will upgrade the short-term rating to 'F1+' from 'F1' on the $289,795,000 City of Charlotte, North Carolina, variable rate water and sewer system revenue bonds, series 2006B . ... more info |
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| NEW YORK----Fitch Ratings confirms the rating of 'AAA/F1' assigned to the City and County of Denver, Colorado for and on behalf of its Department of Aviation, airport system revenue bonds, consisting of $74,200,000 series 2007G1 and $74,300,000 series 2007G2. ... more info |
| NEW YORK----Fitch Ratings affirms the following Fort Myers, Florida ratings with a Stable Outlook: ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA+' rating to the Virginia College Building Authority's educational facilities revenue bonds , series 2009A. The bonds are scheduled for sale through negotiation on Jan. 7, 2009 and will be due Sept. 1, 2009-2038. ... more info |
| AUSTIN, Texas----Fitch Ratings assigns an 'AA' rating to Lewisville Independent School District , Texas' $170 million unlimited tax school building bonds, series 2009. In addition, Fitch affirms the underlying 'AA' rating on the district's approximately $787 million outstanding unlimited tax bonds. ... more info |
|
| NEW YORK----This is a revision for a release issued earlier today. It amends the headline only; the body of the release has not changed. ... more info |
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| NEW YORK----Fitch Ratings has assigned a long-term underlying rating of 'AA' to bank bonds corresponding to variable-rate demand obligations issued on behalf of Catholic Health Initiatives as follows: ... more info |
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| NEW YORK----Fitch Ratings assigns 'AA-/F1+' rating to the $66,700,000 Minnesota Office of Higher Education, supplemental student loan program revenue bonds, 2008 series A . The rating is based upon the support provided by a direct-pay letter of credit issued by U.S. ... more info |
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| NEW YORK----Fitch Ratings assigns 'AA-/F1+' rating to the $33,300,000 Minnesota Office of Higher Education, supplemental student loan program revenue bonds, 2008 series B . The rating is based upon the support provided by a direct-pay letter of credit issued by U.S. ... more info |
| NEW YORK & LONDON----Fitch Ratings has upgraded the outstanding series of covered bonds issued by WM Covered Bond Program's to 'AA+' from 'AA-' and removed them from Rating Watch Positive. ... more info |
| U.S. Treasury debt prices rose on Thursday, driving yields to fresh historic lows, as investors flocked to long-dated bonds to try to lock in safe returns at year-end. ... more info |
| Taxes are past due on the interest income of savings bonds when they are redeemed or after they mature. ... more info |
Investors with an appetite for safety pushed Treasury prices even higher as they faced the prospect of zero-percent interest rates for the foreseeable future.
... more info |
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| NEW YORK----Fitch Ratings has affirmed 18 classes from the Federal Family Education Loan Program student loan revenue bonds issued by Student Loan Acquisition Authority of Arizona - Amended and Restated 1999 Indenture of Trust. ... more info |
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| NEW YORK----Fitch Ratings has affirmed 4 classes from the Federal Family Education Loan Program student loan revenue bonds issued by Student Loan Funding Resources Series 1997A. The actions follow a review of the trust collateral performance taken in conjunction with Fitch's ongoing review of student loan transactions with auction rate exposure. ... more info |
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| AUSTIN, Texas----Fitch Ratings has assigned its 'AA-' rating to San Antonio, Texas' $30 million water system junior lien revenue bonds, series 2008, and $23.3 million water system junior lien revenue and refunding bonds, series 2008A. ... more info |
| Prices for long-term U.S. Treasury bonds rose Wednesday, keeping yields at historic lows, as investors digested unprecedented moves by the Federal Reserve. ... more info |
|
| NEW YORK----Fitch Ratings has affirmed 46 classes from the Federal Family Education Loan Program student loan revenue bonds issued by Montana Higher Education Student Assistance Corporation - 1993 General Indenture. ... more info |
| Q: I'm considering buying savings bonds as holiday gifts for my nieces and nephews. Are they a safe and worthwhile investment? ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'A+/F1+' to the $250,000,000 Highlands County Health Facilities Authority hospital revenue bonds series 2008B . The rating is based on the support provided by an irrevocable direct-pay letter of credit issued by SunTrust Bank, N.A. securing the bonds. ... more info |
|
| NEW YORK----Fitch Ratings confirms the 'AAA/F1+' rating assigned to the $40,000,000 Mesquite Independent School District , Texas variable rate school building unlimited tax bonds, series 2000. ... more info |
| Deutsche Bank's decision not to call its euro-denominated 3.875% 2014 Lower Tier 2 bond has bruised investor sentiment toward callable bonds and transformed the market for other similar issues.
... more info |
| Prices for U.S. Treasury bonds rose Wednesday, keeping yields at historic lows, as investors digested unprecedented moves by the Federal Reserve. ... more info |
|
| NEW YORK----Fitch Ratings has upgraded to 'BBB+' the rating on the following Fairfax County Economic Development Authority retirement community refunding revenue bonds listed below : ... more info |
|
| Southwest Gas Corporation today announced that it completed its tender offer to purchase for cash up to $75 million aggregate principal amount of the Industrial Development Revenue Bonds and the Industrial Development Refunding Revenue Bonds listed in the table below originally issued by Clark County, Nevada, a political subdivision of the State of Nevada. ... more info |
| Prices for U.S. Treasury bonds rose Wednesday, keeping yields at historic lows, as investors digested unprecedented moves by the Federal Reserve. ... more info |
| Treasurys rallied Tuesday after the Federal Reserve cut interest rates to historic lows and said it would consider a plan to buy up droves of government bonds. ... more info |
|
| NEW YORK----Fitch Ratings downgrades to 'A-' from 'A' approximately $285 million of outstanding Kenton County Airport Board's airport revenue bonds. The Rating Outlook is Negative. The bonds are secured by net revenues of the Cincinnati/Northern Kentucky International Airport's and have a final maturity of 2033. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'AA' rating to $38.7 million Santa Margarita/Dana Point Authority revenue bonds, series 2009 . Fitch also affirms the 'AA' rating on the authority's revenue bonds, series 2004A . ... more info |
| Treasurys rallied Tuesday after the Federal Reserve cut interest rates to historic lows and said it would consider a plan to buy up droves of government bonds. ... more info |
| Treasurys rallied Tuesday after the Federal Reserve cut interest rates to historic lows and said it would consider a plan to buy up droves of government bonds. ... more info |
| NEW YORK----Fitch Ratings assigns an 'A+' rating to approximately $176 million Idaho Housing and Finance Association Grant and Revenue Anticipation Bonds Federal Highway Trust Fund, 2009 Series A, and affirms the 'A+' rating on the other outstanding series. ... more info |
| NEW YORK----Fitch Ratings has lowered the rating on $19.1 billion general obligation bonds of the State of Illinois to 'AA-' from 'AA'. The Rating Outlook is Stable. The rating on the state's GO bonds has long reflected the breadth and wealth of its economy and its moderate debt burden; however, the rating downgrade reflects deterioration of the state's fiscal position and a continuing inability to achieve solutions. ... more info |
| Ecuador announced Monday that it would default on a second foreign-debt interest payment, bringing to more than $60 million the amount it is now refusing to pay lenders. ... more info |
| NEW YORK----Fitch Ratings has downgraded Ecuador's long-term foreign currency Issuer Default Rating to 'RD' from 'CCC' following the expiration of the grace period for the coupon payment on the 2012 global bonds that was due on Nov. 15 and the government's announcement that it will selectively default on all global bonds. ... more info |
| The price on U.S. 30-year Treasury bonds climbed a full point on Monday, testing their session highs, after data showed home builder sentiments were stuck at record low, suggesting more tough times ahead for the battered U.S. housing market. ... more info |
|
| NEW YORK----Effective Dec. 23, 2008, Fitch Ratings will assign a rating of 'AA+/F1+' to the $178,600,000 City of Philadelphia, Pennsylvania airport revenue refunding bonds, series 2005C. ... more info |
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| NEW YORK----Fitch Ratings will upgrade the 'AA-/F1' rating currently assigned to the $100,000,000 The City of New York's general obligation bonds, fiscal 2008 series L, adjustable rate bonds, subseries L-4, to 'AA+/F1+' effective Dec. 18, 2008. ... more info |
| Long-dated U.S. government debt prices rose on Monday, as the stock market slipped ahead of a Federal Reserve meeting that is widely expected to send key short-term interest rates to record lows. ... more info |
| NEW YORK----Fitch Ratings affirms the 'AA+' rating on general obligation bonds of the State of Ohio. Fitch also affirms the 'AA' rating on appropriation bonds of the state. The Rating Outlook has been revised to Negative from Stable. ... more info |
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| CHICAGO----Fitch Ratings assigns an 'AAA' rating to Three Rivers Park District, Minnesota's $11,665,000 general obligation refunding bonds, series 2009A. The bonds will sell competitively on Dec. 18, 2008. ... more info |
|
| NEW YORK----Effective Dec. 17, 2008 Fitch Ratings will upgrade the short-term rating to 'F1+' and confirm the long-term rating of 'AA' assigned to County of Union, North Carolina variable rate general obligation bonds, series 2004A and County of Union, North Carolina variable rate general obligation refunding bonds series 2004B. ... more info |
|
| NEW YORK----Effective Dec. 17, 2008, Fitch Ratings will confirm the 'AA/F1+' assigned to the $25,225,000 County of Union, North Carolina variable rate general obligation bonds, series 2007C. ... more info |
| AUSTIN, Texas----Fitch Ratings has assigned an initial underlying 'AA' rating to Tyler Independent School District, Texas' $125 million unlimited tax school building bonds, series 2009. ... more info |
|
| SAN FRANCISCO----Fitch Ratings upgrades its rating on San Diego, CA's $8.6 million in outstanding general obligation bonds to 'A+' from 'BBB+' with a Stable Rating Outlook and removes the bonds from Rating Watch Positive. ... more info |
|
| AUSTIN, Texas----Fitch Ratings affirms the 'AA-' rating on the city of Fort Collins, Colorado's $16 million of outstanding senior lien bonds. The bonds are payable from a senior lien pledge of the net revenues of the city's sewer system . ... more info |
|
| AUSTIN, Texas----As described in Fitch Ratings' press release 'Fitch Upgrades San Diego, California GOs to 'A+'; Lease Revs to 'A' & Water Revs to 'AA-'', dated Dec. 11, 2008, Fitch assigned a rating of 'AA-' to approximately $63 million San Diego Public Facilities Financing Authority water revenue bonds, refunding series 2009A. ... more info |
|
| CHICAGO----Fitch Ratings assigns an 'AA' rating to the New Mexico Finance Authority's $30 million senior lien public project revolving fund revenue bonds, series 2008C. The bonds are scheduled to sell via negotiation during the week of Dec. 15th. ... more info |
| Municipal-bond fund shareholders might feel like they've lost the key to the city. The credit crisis is striking state and local governments hard. Normally these entities would issue tax-exempt bonds to offset the shortfall and continue to finance public-works projects and daily operations. But buyers are scarce even for top-drawer debt.
... more info |
| A proprietary trading group at Deutsche Bank has lost more than $1 billion with a wrong-way bet on corporate bonds.
... more info |
| Boring is beautiful - or so it feels in this time of wild and crazy stock market swings. In this case we're talking about investment-grade corporate bonds, which are dirt-cheap right now for the same reason that stocks are: The market turmoil has pounded down their prices. The result is historic opportunities in bonds issued by blue-chip companies. ... more info |
| Ecuador's president said his country will default on bond debt due on Monday. The country was due to pay $30.6 million on its 2012 global bonds.
... more info |
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| CHICAGO----Fitch Ratings assigns an 'AAA' rating to Three Rivers Park District, Minnesota's $11,665,000 general obligation refunding bonds, series 2009A. The bonds will sell competitively on Dec. 18, 2008. ... more info |
|
| NEW YORK----Effective Dec. 17, 2008 Fitch Ratings will upgrade the short-term rating to 'F1+' and confirm the long-term rating of 'AA' assigned to County of Union, North Carolina variable rate general obligation bonds, series 2004A and County of Union, North Carolina variable rate general obligation refunding bonds series 2004B. ... more info |
|
| NEW YORK----Effective Dec. 17, 2008, Fitch Ratings will confirm the 'AA/F1+' assigned to the $25,225,000 County of Union, North Carolina variable rate general obligation bonds, series 2007C. ... more info |
| AUSTIN, Texas----Fitch Ratings has assigned an initial underlying 'AA' rating to Tyler Independent School District, Texas' $125 million unlimited tax school building bonds, series 2009. ... more info |
|
| SAN FRANCISCO----Fitch Ratings upgrades its rating on San Diego, CA's $8.6 million in outstanding general obligation bonds to 'A+' from 'BBB+' with a Stable Rating Outlook and removes the bonds from Rating Watch Positive. ... more info |
|
| AUSTIN, Texas----Fitch Ratings affirms the 'AA-' rating on the city of Fort Collins, Colorado's $16 million of outstanding senior lien bonds. The bonds are payable from a senior lien pledge of the net revenues of the city's sewer system . ... more info |
|
| AUSTIN, Texas----As described in Fitch Ratings' press release 'Fitch Upgrades San Diego, California GOs to 'A+'; Lease Revs to 'A' & Water Revs to 'AA-'', dated Dec. 11, 2008, Fitch assigned a rating of 'AA-' to approximately $63 million San Diego Public Facilities Financing Authority water revenue bonds, refunding series 2009A. ... more info |
|
| CHICAGO----Fitch Ratings assigns an 'AA' rating to the New Mexico Finance Authority's $30 million senior lien public project revolving fund revenue bonds, series 2008C. The bonds are scheduled to sell via negotiation during the week of Dec. 15th. ... more info |
| AUSTIN, Texas----In the course of routine surveillance, Fitch upgrades Arvada, Colorado's $22.6 million of outstanding variable rate demand water enterprise revenue bonds, series 2001 to 'AA+' from 'AA'. ... more info |
| Ecuador's president said his country will default on bond debt due on Monday. The country was due to pay $30.6 million on its 2012 global bonds.
... more info |
| A deadline for GMAC investors to swap bonds for lesser-valued debt expired Friday, and Wall Street awaited word of what would happen next.
... more info |
| A proprietary trading group at Deutsche Bank has lost more than $1 billion with a wrong-way bet on corporate bonds.
... more info |
| Boring is beautiful - or so it feels in this time of wild and crazy stock market swings. In this case we're talking about investment-grade corporate bonds, which are dirt-cheap right now for the same reason that stocks are: The market turmoil has pounded down their prices. The result is historic opportunities in bonds issued by blue-chip companies. ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'AA+' rating to the state of Florida's approximately $200 million full faith and credit state board of education public education capital outlay bonds, 2007 series D. ... more info |
| Municipal-bond fund shareholders might feel like they've lost the key to the city. The credit crisis is striking state and local governments hard. Normally these entities would issue tax-exempt bonds to offset the shortfall and continue to finance public-works projects and daily operations. But buyers are scarce even for top-drawer debt.
... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AA-' rating to Tippecanoe County, IN's $19.5 million economic development income tax revenue bonds of 2009. The bonds, which mature on Dec. 1 and June 1 from Dec. 1, 2009 to 2028, are scheduled to sell in January 2009 and may be offered with credit enhancement. ... more info |
| NEW YORK----Fitch affirms the 'AA+' rating of Alaska Housing Finance Corp.'s General obligation debt pledge, 'F1+' of the Commercial Paper, and 'AAA' to the specific bonds listed below. ... more info |
|
| NEW YORK----Fitch Ratings has assigned a 'BBB+' rating to Monongahela Power Company's planned $300 million issuance of 7.95% first mortgage bonds that will mature on Dec. 15, 2013. The issuance is expected to close on Dec. 15, 2008. ... more info |
|
| NEW YORK----Fitch Ratings has affirmed eight classes from the Federal Family Education Loan Program student loan revenue bonds issued by Washington Student Loan Finance Association 1998 Indenture of Trust. ... more info |
|
| NEW YORK----Fitch Ratings has affirmed four classes from the Federal Family Education Loan Program student loan revenue bonds issued by New Mexico Educational Assistance Foundation , 1995 Trust Indenture. ... more info |
| Extended bickering over the California budget led S&P to downgrade the state's recently sold $5 billion revenue bonds and put more than $50 billion of debt on watch for a downgrade.
... more info |
| Electric utility Allegheny Energy Inc. said Thursday that its unit Monongahela Power Co. will issue $300 million of first mortgage bonds. ... more info |
| GMAC is facing opposition as it tries to persuade investors to swap bonds for lesser-valued debt.
... more info |
| GREENSBURG, Pa.----Allegheny Energy, Inc. announced today that its subsidiary, Monongahela Power Company, will issue $300 million of first mortgage bonds with a coupon of 7.95 percent and a five-year maturity. ... more info |
|
| NEW YORK----Fitch Ratings has affirmed 40 classes from the Federal Family Education Loan Program student loan revenue bonds issued by the Educational Funding of the South, Inc., 1993 Indenture of Trust. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AA/F1+' rating to Wyoming Student Loan Corporation's $338,200,000 student loan revenue refunding bonds senior series 2008A . The rating is based on the support provided by the irrevocable direct-pay letter of credit issued by Royal Bank of Canada acting through a New York branch. ... more info |
| NEW YORK----Fitch assigns a rating of 'AA' to the Maryland Community Development Administration's $5.1 million housing revenue bonds, series 2008 D bonds. Additionally, Fitch affirms the 'AA' rating on the outstanding $184.7 million series 2008 A, B, and C, series 2007 A, B and C, 2006 A, B, C and D, series 2005 A, B and C, and series 2004 B, C and D housing revenue bonds. ... more info |
| As continuing stock market volatility leaves investors searching for a safe place to put their money, many have decided government bonds are the best option - even if the bonds give back a bit less than investors put in. ... more info |
| As continuing stock market volatility leaves investors searching for a safe place to put their money, many have decided government bonds are the best option - even if the bonds give back a bit less than investors put in. ... more info |
| As continuing stock market volatility leaves investors searching for a safe place to put their money, many have decided government bonds are the best option - even if the bonds give back a bit less than investors put in. ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to approximately $100 million of Berks County Municipal Authority revenue bonds, series 2008A-1 . In addition, Fitch has affirmed the 'AA-' rating on the approximately $353.2 million outstanding bonded debt. ... more info |
|
| SAN FRANCISCO----Stone & Youngberg, a leading financial services firm and the nation's top underwriter of California municipal bonds over the past five years1, continued to expand its fixed income business today with another key appointment. ... more info |
|
| NEW YORK----Effective on the dates cited below, Fitch Ratings will assign a rating of 'A+/F1+' to the following Highlands County Health Facilities Authority hospital revenue bonds : $61,875,000 series 2005E; $60,650,000 series 2005F; $49,425,000 series 2005G; $49,425,000 series 2005H; $80,400,000 series 2007B and $78,350,000 series 2007D. ... more info |
| The Yankees and Mets are asking the city for $450 million more in public bonds to finance their new ballparks, on top of nearly $1.5 billion they were already granted, according to the city's Economic Development Corp. ... more info |
|
| BRYN MAWR, Pa.----Aqua America, Inc. announced today that the company's largest subsidiary, Aqua Pennsylvania Inc., entered into an agreement to issue $22 million in tax-free First Mortgage Bonds to which Standard and Poor's assigned its ‘AA-' secured debt rating and ‘1+' recovery rating, which Standard and Poor's equates to the highest expectation of full recovery of principal. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AA-' rating on approximately $516 million Maryland Transportation Authority Transportation Infrastructure Finance and Innovative Act bonds and affirms the 'AA-' rating on $1.1 billion MdTA's transportation facilities projects revenue bonds, which are parity obligations. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AAA' rating to New Castle County, Delaware's $106,945,000 general obligation bonds, series 2009A. The bonds are scheduled to sell via negotiation as early as Dec. 18th, with proceeds refunding certain GO bonds of the county and financing various sewer and general capital projects. ... more info |
| NEW YORK----Fitch Ratings assigns a rating of 'F1+' to the Commonwealth of Massachusetts' $325 million general obligation bond anticipation notes , 2008 series A. The bonds, which mature March 5, 2009, are scheduled to sell through negotiation the week of Dec. 8. ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'AAA' rating to Monmouth County Improvement Authority , NJ's approximately $28 million county guaranteed lease revenue bonds series 2008 . The bonds are scheduled to sell via negotiated sale on Dec. 9, 2008. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'A+' rating to Wicomico County, Maryland's estimated $20.2 million general obligation public improvement bonds of 2008. The bonds are scheduled to price via competitive sale on Dec. 11, 2008. ... more info |
|
| CHICAGO----Fitch Ratings withdraws its 'AAA' rating assigned to the Michigan Municipal Bond Authority's $199 million clean water revolving fund revenue bonds, series 2008. The bonds were originally scheduled to sell via negotiation during the week of Nov. 24, 2008. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to Massachusetts Housing Finance Agency's $48.6 million housing bonds, 2008 series B. The 2008 series B bonds are expected to be sold through negotiation this week. ... more info |
|
| NEW YORK----In connection with the placement of SunTrust Bank's long-term Issuer Default Rating on Rating Watch Negative, Fitch Ratings has placed the long-term ratings of municipal bonds with letters of credit provided by SunTrust on Rating Watch Negative. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'A+/F1+'rating to the Piedmont Municipal Power Agency electric revenue bonds, refunding series 2008E. The ratings assigned to the bonds are based on the support provided by the irrevocable direct pay letter of credit issued by Wachovia Bank, National Association securing the bonds. ... 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 |
|
| NEW YORK----Fitch Ratings assigns Piedmont Municipal Power Agency's $60 million, electric system revenue bonds, refunding series 2008E a 'BBB+' rating. Additionally, PMPA's outstanding $1.1 billion in parity electric revenue bonds are affirmed at 'BBB+'. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A' rating to the approximately $30,000,000 of New Jersey Educational Facilities Authority, revenue bonds , series 2008 J. The bonds are scheduled to sell via negotiation in late December 2008 or early January 2009. ... more info |
| NEW YORK----Fitch Ratings assigns an 'AA' rating to the Commonwealth of Pennsylvania's $300 million general obligation bonds, second series of 2008. The bonds are expected to be offered competitively on Dec. 9 and will be due Feb. 15, 2010-2029. ... more info |
| MarketAxess Holdings Inc., an operator of an electronic-trading platform for corporate bonds and other fixed-income securities, said Friday that trading volume dropped 44 percent in November. ... 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 November 2008 of $13.6 billion, consisting of $8.1 billion in U.S. high-grade volume, $2.6 billion in eurobond volume, and $2.9 billion in other volume. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' rating to Nassau County, NY's approximately $65 million general obligation bonds, series 2008E . The bonds are scheduled to sell via negotiated sale on Dec. 11, 2008. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to New York City's $308 million general obligation bonds fiscal 2009 series G, consisting of the following: ... more info |
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| NEW YORK----Fitch Ratings has assigned an initial 'A' rating to Easton, Maryland's approximately $10 million general obligation public facilities bonds of 2008. The bonds are scheduled for competitive sale on Dec. 9, 2008. ... more info |
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| AUSTIN, Texas----Fitch Ratings has assigned an 'A-' rating to the Rio Nuevo Multipurpose Facilities District, AZ's $77.6 million subordinate lien excise tax revenue bonds, series 2008. ... more info |
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| NEW YORK----Fitch Ratings has assigned an underlying long-term rating of 'A+' to bank bonds corresponding to variable rate demand revenue bonds, series 2008, issued on behalf of Southern Illinois Healthcare Enterprises, Inc. by the Illinois Finance Authority. ... more info |
| NEW YORK----Fitch Ratings assigns an 'AA' rating to the city of Chicago's general obligation bonds as follows: ... more info |
| NEW YORK----In the course of routine surveillance, Fitch affirms Martin County, Florida's approximately $37 million in gas tax revenue bonds at 'A+' and $68.9 million in utility system revenue bonds at 'A+'. ... more info |
| Huge volumes of US Treasury bonds issued as part of an effort to reverse an economic slump threaten to stop access to credit by Latin American governments facing financing needs of an estimated $250bn next year, a group of prominent economists from the region has warned ... more info |
| SAN FRANCISCO----Stone & Youngberg, a leading financial services firm and the nation's top underwriter of California municipal bonds over the past five years1, today announced that Paul Knepple will join the firm's Taxable Fixed Income Group as a Vice President. ... more info |
| European shares rallied on Thursday after a record Swedish interest rate cut boosted expectations for aggressive moves from the euro zone and UK, while government bonds and the yen surged on economy concerns. ... more info |
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| PETERBOROUGH, England----Norwich and Peterborough Building Society has increased the rates on its 6 & 12 month fixed rate bonds and launched a new 9 month bond. ... more info |
| Long-dated zero-coupon Treasury securities are a hot commodity as interest rates fall and inflation wanes.
... more info |
| AUSTIN, Texas----During the course of routine surveillance, Fitch Ratings affirms the following ratings for the City of Tucson, Arizona street and highway user revenue bonds: ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA' rating to the city of Chattanooga, Tennessee's $45.6 million general obligation bonds, series 2008. The bonds, expected to sell competitively on Dec. 9, 2008, will fund various general government projects in the city. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' rating to Charlotte, North Carolina's $52 million airport revenue and refunding bonds series 2008B, and affirms the outstanding rating of A+ on the city's approximately $506 million in airport revenue bonds. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-' rating to the Municipal Energy Acquisition Corporation's $649 million of gas project revenue bonds, series 2006A and 2006B. The Rating Outlook is Stable. ... more info |
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| NEW YORK----Fitch Ratings affirms the 'A+' rating on approximately $170 million Dormitory Authority of the State of New York mental health services facilities improvement revenue bonds, series 2008F and the underlying 'A+' rating on about $3.8 billion in outstanding mental health services facilities improvement revenue bonds. ... more info |
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| DUBLIN, Ireland----Research and Markets has announced the addition of the "UK Investment Bonds 2008" report to their offering. ... more info |
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| Southwest Gas Corporation today announced the commencement of a tender offer to purchase for cash up to $75 million aggregate principal amount of the Industrial Development Revenue Bonds and the Industrial Development Refunding Revenue Bonds listed in the table below originally issued by Clark County, Nevada, a political subdivision of the State of Nevada. ... more info |
| Macau casino operator Galaxy Entertainment Group launched an offer to buy back as much as $350 million in bonds.
... more info |
| NEW YORK----Fitch Ratings expects to assign an 'A+' rating to Caterpillar Inc.'s planned issuance of $1.5 billion senior unsecured debt. The new debt is expected to be issued as a mixture of five-, 10- and 30-year term bonds. ... more info |
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| NEW YORK----Fitch Ratings has downgraded to 'BB+' from 'BBB' the underlying rating on approximately $900 million New Jersey Health Care Facilities Financing Authority and New Jersey Economic Development Authority bonds issued on behalf of Saint Barnabas Health Care System . ... more info |
| NEW YORK----Fitch Ratings assigns an 'AAA' rating to the Florida Water Pollution Control Financing Corporation's $472,000,000 of water pollution control revenue bonds, series 2008A. ... more info |
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| AUSTIN, Texas----Fitch Ratings has assigned its 'AAA' rating to Dallas Independent School District, Texas' $400 million unlimited tax school building bonds, series 2008. The 'AAA' rating is based on the guarantee provided by the Texas Permanent School Fund , whose claims paying ability is rated 'AAA' by Fitch. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AAApre' to the Maine Health and Higher Educational Facilities Authority revenue bonds, consisting of $1,500,000 series 2000A & $3,955,000 series 2000B bonds. ... more info |
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| NEW YORK----Fitch Ratings withdraws its 'AAA' rating assigned to Union County, New Jersey's approximately $61 million general obligation refunding bonds , series 2008; the bonds were originally scheduled to sell via negotiated sale on Sept. 25, 2008. ... more info |
| World stocks fell on Tuesday, erasing more than half of last week's gains, while oil hit a 3-1/2 year low and the yen and government bonds surged as concerns intensified about a deep global recession. ... more info |
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| Tradeweb, a leading provider of on-line markets to institutional investors and dealers, announced today that it has added Japanese Government Bond trading to the Tradeweb platform. JGBs complement Tradeweb's Yen Swap marketplace, launched earlier this year, and are an important and logical expansion of its government bond franchise, which includes US Treasuries, Euro-denominated and Scandinavian Government Bonds, and UK Gilts. ... more info |
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| NEW YORK----Fitch Ratings confirms the underlying long-term rating of 'A+', with a Positive Outlook, for the California Department of Water Resources' power supply revenue bonds, series 2005G-4 and series 2005G-11 upon their conversion to a fixed-rate mode effective today . ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an underlying 'AA-' rating to Washington County School District , Utah's $20 million general obligation school building bonds , series 2009. In addition, these bonds are rated 'AAA' by Fitch based on the guaranty provided by the Utah School Bond Default Program. ... more info |
| Debt-laden mall owner General Growth Properties gained another short-term extension of a debt-payment deadline, this time obtaining 10 more days to pay down $58 million in bonds.
... more info |
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| NEW YORK----Fitch assigns a 'BBB+' rating to Philadelphia, Pennsylvania's $180 million general obligation bonds, series 2008C. The bonds are scheduled for negotiated sale the week of December 8. ... more info |
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| NEW YORK----Fitch Ratings affirms the 'AA' long-term rating and assigns an 'F1+' short-term rating to the $106,845,000 North Carolina Medical Care Commission, variable rate demand health care facilities revenue refunding bonds , series 2008 consisting of: ... more info |
| CHICAGO----Fitch Ratings has assigned an 'AA-' rating to Royal Oak, Michigan's $11,825,000 capital improvement bonds, series 2008 . The bonds will sell competitively on Dec. 11, 2008 and are secured by a limited ad valorem tax pledge. ... more info |
| CHICAGO----Fitch Ratings has assigned an 'AAA' rating to the Iowa Finance Authority's approximately $139 million Iowa state revolving fund revenue bonds, series 2008. The 2008 bonds are scheduled to price via negotiation during the week of Dec. 1. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to the State of Wisconsin's $150 million general obligation bonds, 2008 series D, for competitive bids as early as Dec. 1. The 2008 series D bonds are due May 1, 2012-2030, callable at par beginning May 1, 2018. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA+/F1+' to the $ 47,800,000 Hospital Authority of Elkhart County Hospital revenue bonds series 2008 . ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-/F1+' rating to the $50,000,000 Illinois Finance Authority variable rate demand revenue bonds series 2008A . The rating is based on the support provided by an irrevocable direct-pay letter of credit issued by The Northern Trust Company , securing the bonds. ... more info |
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| SAN FRANCISCO----Fitch Ratings confirms its 'AA+' rating on San Antonio, Texas' electric and gas systems revenue and refunding bonds, new series 2008A, issued on behalf of CPS Energy. ... more info |
| Three Wall Street banks sold a cumulative $17.25 billion of government-backed bonds, and a surge of supply is expected next week.
... more info |
| Three Wall Street banks sold a cumulative $17.25 billion of government-backed bonds, and a surge of supply is expected next week.
... more info |
| Indian authorities said there would be no trading in stock markets, foreign exchange, government bonds or money markets following deadly attacks in Mumbai. Other Asian markets were mostly higher.
... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA' rating to New York City Municipal Water Finance Authority's approximately $300 million water and sewer system revenue bonds, fiscal 2009 series DD. ... more info |
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| NEW YORK----Fitch affirms the 'A' rating on Northern California Gas Authority No. 1 2007A and B prepay gas project bonds and revises the Outlook to Stable from Negative. The Outlook revision on the prepay bonds reflects Fitch's Outlook revision for Morgan Stanley to Stable from Negative . ... more info |
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| CHICAGO----Fitch Ratings has assigned an 'AAA' rating to the New Hampshire Municipal Bond Bank's approximately $10.5 million 2008 series B non-guaranteed bonds, issued under the 1978 General Bond Resolution. ... more info |
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| CHICAGO----Fitch Ratings has placed the underlying 'AA-' ratings on the New Hampshire Municipal Bond Bank's $194 million outstanding 2005 General Bond Resolution non-guaranteed bonds on Rating Watch Negative. ... more info |
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| TAMPA, Fla.----Fitch Ratings has withdrawn the underlying 'A-' rating on the North Broward Hospital District's series 2005A bonds, which are insured by MBIA. Fitch does not rate MBIA. ... more info |
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| CHICAGO----Fitch Ratings assigns an 'A+' rating to Elkhart County Hospital Authority, Indiana's planned issuance of approximately $49.2 million in series 2008A variable-rate revenue refunding bonds issued on behalf of Elkhart General Hospital . ... more info |
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| NEW YORK----Fitch Ratings affirms the outstanding 'A' long-term rating and assigns a 'F1' short-term rating to the Orange County Transportation Authority, CA series 2003-B-1 and series 2003-B-2 toll road revenue refunding bonds . ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch affirms the following rating for bonds issued by Douglas County, Colorado: ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA+/F1+' to the $112,690,000 North Carolina Medical Care Commission Health Care Facilities revenue refunding bonds , consisting of $56,345,000 Series 2008A-1 and $56,345,000 Series 2008A-2 . ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA+/F1+' to the $123,850,000 North Carolina Medical Care Commission Health Care Facilities revenue refunding bonds , consisting of $61,920,000 Series 2008B-1 and $61,930,000 Series 2008B-2 . ... more info |
| Metaldyne Corporation announced it has accepted for payment, and paid for, all of its outstanding 10% Senior Notes due 2013 and 11% Senior Subordinated Notes due 2012 that were validly tendered at or prior to 12:00 midnight, New York City time, on November 18, 2008 pursuant to the previously announced tender offer for the Bonds. ... more info |
| The government's $800 billion plan pushed credit markets to their best day in weeks as yields fell on mortgages and corporate bonds, as well as Treasurys.
... more info |
| NEW YORK----Fitch Ratings has assigned a 'AA' rating to the Maryland Community Development Administration's $40 million residential revenue bonds, 2008 series E and F. Additionally, Fitch has affirmed the 'AA' rating on the CDA's outstanding $2.31 billion in residential revenue bonds. ... more info |
| NEW YORK----Fitch Ratings assigns an 'A+' rating to approximately $107,800,000 Dormitory Authority of the State of New York city university system consolidated fifth general resolution revenue bonds, series 2008E. ... more info |
| CHICAGO----Fitch Ratings assigns an 'AA+' rating to $500 million Illinois Finance Authority revenue bonds, series 2008B, issued on behalf of The University of Chicago . The bonds are an unsecured general obligation of the university, payable by loan payments made by UC. ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch upgrades the rating on Yakima County, Washington's $30.7 million of outstanding limited tax general obligation bonds to 'A' from 'A-' and $3 million of outstanding unlimited tax general obligation bonds to 'A+' from 'A'. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to the City of Austin, Texas' $60,000,000 water and wastewater system revenue refunding bonds, series 2008A. Proceeds from the 2008A bonds will refund commercial paper. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA+' rating to $10.6 million in Board of Regents of Stephen F. Austin State University, constitutional appropriation bonds, series 2008. The bonds are authorized to price within the next six months, but are expected on or about Dec. 2 via competitive bid and mature Oct. 15, 2009-2018. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA+' rating to $61.2 million in State of Texas general obligation bonds, consisting of: ... more info |
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| CHICAGO----Fitch Ratings has downgraded to 'A' from 'A+' the rating on Beaumont Hospital Obligated Group's expected issuance of approximately $169.5 million of series 2008V hospital revenue and refunding bonds through the City of Royal Oak Michigan Hospital Finance Authority. ... more info |
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| NEW YORK----Fitch Ratings assigns its 'AA-' rating to the State of Hawaii's $120 million highway revenue bonds, series 2008. The bonds, which are expected to be offered during the week of Dec. 9 through negotiation, will be due Jan. 1, 2010-2029 and will finance statewide highway capital improvement projects. ... more info |
| NEW YORK----Fitch Ratings has downgraded to 'A' from 'A+' the rating on Beaumont Hospital Obligated Group's expected issuance of approximately $169.5 million of series 2008V hospital revenue and refunding bonds through the City of Royal Oak Michigan Hospital Finance Authority. ... more info |
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| NEW YORK----Fitch Ratings will confirm the long-term 'AAA' rating assigned to Mecklenburg County, North Carolina's $75,650,000 million of outstanding variable rate general obligation bonds, series 2006A. ... more info |
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| CHICAGO----Fitch Ratings has assigned an 'AAA' rating to Sedgwick County Public Building Commission , Kansas' $50.75 million revenue bonds series 2008-1. The bonds are scheduled for a competitive sale on Dec. 3, 2008. ... more info |
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| NEW YORK----Fitch rates the Rhode Island Student Loan Authority student loan program revenue bonds, 2008 series C as follows: ... more info |
| NEW YORK----Fitch Ratings rates approximately $280,000,000 of the Board of Regents of The University of Texas System's Revenue Financing System bonds, series 2008A 'AAA'. The bonds, which will be issued in a traditional fixed rate mode, are expected to price via negotiated sale on or about Dec. 9, 2008. ... more info |
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| NEW YORK----Fitch Ratings has downgraded the outstanding $69.6 million Industrial Development Authority of the City of Manassas, Virginia hospital revenue bonds , series 2002 and the $10.8 million Industrial Development Authority of the County of Prince William, Virginia hospital revenue bonds , series 1993 issued on behalf of Prince William Health System to 'A-' from 'A'. ... more info |
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| NEW YORK----Fitch Ratings has assigned its 'AA-' underlying rating to Dallas Independent School District, Texas' $400 million unlimited tax school building bonds, series 2008. The district has applied for and expects to receive the guarantee from the Texas Permanent School Fund, whose Insurer Financial Strength is rated 'AAA' by Fitch. ... more info |
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| CHICAGO----Fitch Ratings assigns an 'A-' underlying rating on approximately $50 million of Illinois Finance Authority variable-rate demand revenue bonds series 2008A . In addition, Fitch affirms the 'A-' rating on the outstanding Rush University Medical Center Obligated Group revenue bonds. ... more info |
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| BRMALLS Participacoes S.A. , the largest integrated shopping mall company in Brazil, hereby announces that its subsidiary BRMALLS International Finance Limited will begin today a public offer to repurchase Perpetual Bonds of its own issuance abroad, in the total amount of US$ 30 million face value, which may be extended, given that the offer is subject to certain conditions and proration. ... more info |
| Metaldyne Corporation today announced it expects the conditions to its previously announced tender offer to purchase all of its outstanding 10% Senior Notes due 2013 and 11% Senior Subordinated Notes due 2012 will be satisfied or waived on or about Tuesday, November 25, 2008. ... more info |
| Several factors will determine a man's tax bill after he cashes in Series EE savings bonds. ... more info |
| Internet Gold, announced that its Board of Directors has authorized the repurchase of up to NIS 100 million of the Company's Series B bonds. In addition the board authorized the repurchase of up to NIS 50 million of the Series A bonds of its subsidiary, 012 Smile Communications. ... more info |
| NEW YORK----Fitch Ratings assigns an 'A' rating to $380,370,000 various Georgia Development Authorities pollution control revenue bonds , issued for Oglethorpe Power Corporation Projects. ... more info |
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| SAN FRANCISCO----Fitch Ratings has assigned an 'A-' rating to the San Jose Redevelopment Agency, California's merged area redevelopment project tax allocation bonds , series 2008A. The TABs are expected to sell via competitive sale on Dec. 3. ... more info |
| Goldman Sachs received strong interest from investors for $2 billion to $3 billion in bonds it is issuing under a government program.
... more info |
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| NEW YORK----Fitch assigns a rating of 'AA-/F1+' to the $34,350,000 City of East Grand Forks, Minnesota solid waste disposal revenue refunding bonds , series 2008. The rating is based on the support provided by an irrevocable, direct-pay letter of credit issued by CoBank, ACB. ... more info |
| NEW YORK----Fitch Ratings assigns an 'AA-' rating to the State of Rhode Island and Providence Plantations' $107,410,000 general obligation bonds, consisting of $86,875,000 consolidated capital development loan of 2008, series B; $8,500,000 capital development loan of 2008, series C ; and $12,035,000 consolidated capital development loan of 2008, refunding series D. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA+/F1+' to the $55,000,000 Illinois Finance Authority variable-rate demand revenue bonds , series 2008. The rating is based on an irrevocable, direct-pay letter of credit provided by The Bank of Nova Scotia supporting the bonds and the application of Fitch's joint probability methodology. ... more info |
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| NEW YORK----Fitch Ratings has assigned 'F1+' short-term ratings and affirmed the 'AA-' long-term ratings on the $225,000,000 New Mexico Hospital Equipment Loan Council, hospital system revenue bonds , series 2008B , 2008C and 2008D . ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA+/F1+' rating to the Dormitory Authority of the State of New York's $487,575,000 City University System Consolidated fifth general resolution revenue bonds consisting of the following: ... more info |
| Treasury bonds declined Monday, with investors nervous that the government will have to raise more debt to finance a bigger-than-expected bailout of the nation's banking industry. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an 'AAA' rating to $57.2 million of El Paso Independent School District , TX unlimited tax refunding bonds, series 2008A. The 'AAA' rating is based on the guarantee 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 assigns an 'AA+' rating to the State of Wisconsin's approximately $100 million clean water revenue bonds, 2008 series 3. The bonds are expected to price the week of November 24. ... more info |
| Many investors say they can't afford the risk of stocks and bonds anymore due to lost income elsewhere.
... more info |
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| NEW YORK----Fitch assigns an 'AA' rating to Sarasota County, Florida's approximately $69.2 million infrastructure sales surtax revenue bonds series 2008B. The bonds are scheduled to sell via negotiation the week of Dec. 1, 2008. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating on approximately $350,000,000 Highlands County Health Facilities Authority long-term adjustable rate hospital revenue bonds, series 2008A, issued on behalf of Adventist Health System/Sunbelt Obligated Group . ... more info |
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| NEW YORK----Fitch Ratings affirms the 'AA+' rating on the Virginia Public Building Authority's $150 million public facilities revenue bonds, series 2008B. The bonds, initially expected to be offered competitively on Aug. 6 with an expected par amount of $260 million and rated by Fitch at that time, are now expected via negotiation on Dec. 3 with the lower par amount. ... more info |
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| AUSTIN, Texas----Fitch Ratings has assigned 'AA+' ratings to the following bonds for San Antonio, Texas : ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' underlying rating to the approximately $55 million variable rate demand revenue bonds, series 2008, to be issued by Illinois Finance Authority on behalf of Southern Illinois Healthcare Enterprises, Inc. . ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' underlying rating to approximately $40,835,000 Dormitory Authority of the State of New York school district revenue bond financing program revenue bonds series 2008C and an 'A' underlying rating to approximately $47,920,000 series 2008D bonds. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-/F1+' rating to North Carolina State Education Assistance Authority's $105,945,000 tax-exempt education loan revenue and refunding bonds senior 2008-3 series . ... more info |
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| NEW YORK----Fitch Ratings confirms the 'AA-/F1' rating assigned to the Intermountain Power Agency variable rate power supply revenue and refunding Bonds, 1985 series E maturing July 1, 2018, and variable rate power supply revenue bonds, 1985 series F maturing July 1, 2018. ... more info |
| SAN FRANCISCO----Fitch assigns an 'A+' rating to Hawaii County , HI's $50 million general obligation bonds, 2008 Series A and also affirms the 'A+' rating on $293 million in outstanding parity bonds. ... more info |
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| BOSTON -- Midge and Walter are seventy-something retirees in Arizona, concerned about the losses they have taken not only in the stock market, but in their bond mutual funds, and feeling the need to goose their income in order to make sure it lasts out their days.
... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA+' rating to $125.1 million Virginia Public School Authority school financing bonds , series 2008B, expected to sell via negotiation on Nov. 25, 2008. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'F1+' short-term rating to North Mississippi Health Services based on self-liquidity related to the expected reoffering of approximately $66.8 million in Mississippi Hospital Equipment and Facilities Authority variable-rate revenue bonds , 2001 series 1, and 1997 series 1. ... more info |
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| NEW YORK----Fitch Ratings affirms the underlying rating on approximately $147 million revenue bonds issued by Maryland Health and Higher Educational Facilities Authority on behalf of the Anne Arundel Health System . ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings downgrades to 'BB' from 'BBB-' the long-term issuer rating on the Reno-Sparks Indian Colony, NV . The RSIC has outstanding debt of $15.8 million, series 2006 fixed rated bonds rated 'AA-' by Fitch based on a direct-pay letter of credit provided by U.S. ... more info |
| Demand for U.S. Treasury bonds remained robust Thursday, with the yield on the benchmark note falling to an all-time low, as investors continue to flock to the safety of government debt.
... more info |
| Demand for U.S. Treasury bonds remained robust Thursday, with the yield on the benchmark note falling to a 5-year low, as investors continue to flock to the safety of government debt. ... more info |
| SAN FRANCISCO -- Financial sponsors' investments in higher-risk companies have come back to bite them, as more than half of the corporations that defaulted on their bonds had private equity investments, Standard & Poor's said in a note made public Thursday. Through Nov. 17, 86 entities had defaulted on their debt this year, affecting $285 billion. Of those defaulters, 53 were involved in transactions with private equity. "Sponsors inherently target troubled entities that could be had at an attractive price, turned around and sold for profit," noted Diane Vazza, head of fixed income research at the ratings agency. "We expect private equity exposure to the defaulting companies in the coming months to remain elevated," she said. Fremont General , Ziff Davis Media and Six Flags [s:six] are some of the companies with private equity stakes that defaulted on their debt this year.
... more info |
| The Swiss franc fell to its lowest versus the dollar since August last year after the cut, while eurozone government bonds gained and Swiss stocks pared earlier losses ... more info |
| Demand for U.S. Treasury bonds remained robust Thursday, with the yield on the benchmark note falling to a 5-year low, as investors continue to flock to the safety of government debt.
... more info |
| Treasury bonds continued to rally Wednesday on another dose of negative economic reports and a major plunge on the stock market. ... more info |
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| CHICAGO----Fitch Ratings assigns an 'AA-' rating to the tax increment finance authority of the City of Battle Creek, Michigan's $4 million tax increment bonds, series 2008 scheduled for negotiated sale on or about the week of Jan. 5. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' rating to approximately $72 million Dormitory Authority of the State of New York mental health services facilities improvement revenue bonds, series 2008G, and affirms the 'A+' rating on approximately $585 million series 2008F bonds. ... more info |
| The mantra is "higher risk, higher reward," but the safest bets have given investors the most bang for their buck this year. ... more info |
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| CHICAGO----Fitch Ratings has assigned a rating of 'BBB' to Cleveland Electric Illuminating Co.'s $300 million issuance of 8.875% first mortgage bonds, due 2018. Proceeds from the sale will be used to repay short-term borrowings and for other general corporate purposes. ... more info |
| Stock and bond markets fell to their lowest levels since the outbreak of the economic crisis, as worries about rising defaults by borrowers drove a new wave of concern about the financial system's health.
... more info |
| Stock and bond markets fell to their lowest levels since the outbreak of the economic crisis, as worries about rising defaults by borrowers drove a new wave of concern about the financial system's health.
... more info |
| The mantra is "higher risk, higher reward," but the safest bets have given investors the most bang for their buck this year.
... more info |
| NEW YORK----Fitch Ratings assigns an 'AA-' rating to Matanuska-Susitna Borough, Alaska's State of Alaska lease revenue bonds, series 2008 . The bonds are expected via negotiation on or about Dec. 2. ... more info |
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| SAN FRANCISCO----Fitch Ratings has downgraded to 'BBB' from 'BBB+' the rating on approximately $12.7 million outstanding Valley View Hospital Authority revenue refunding bonds, series 1996 issued on behalf of Valley View Regional Hospital . ... more info |
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| NEW YORK----Fitch Ratings initiates a rating of 'A' on the Overton Power District #5 , Nevada's $15,060,000 special obligation revenue bonds, series 2008. The 2008 bonds are payable from net revenues of the District's electric system after payment of operations and maintenance expenditures. ... more info |
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| NEW YORK----Fitch Ratings has affirmed the 'BBB' rating on approximately $32.9 million of New Jersey Health Care Facilities Financing Authority hospital revenue bonds, series 2005A. ... more info |
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| CHICAGO----Fitch Ratings assigns an 'AAA' rating to the Michigan Municipal Bond Authority's $199 million clean water revolving fund revenue bonds, series 2008. Fitch also affirms the 'AAA' rating on MMBA's $1.4 billion outstanding state revolving fund program bonds. ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings has affirmed the 'AA' rating on Regional School District No. 12, CT's approximately $2.1 million of outstanding general obligation bonds. ... more info |
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| NEW YORK----In connection with the recent downgrade of Royal Bank of Scotland and its subsidiaries, Fitch Ratings has taken various actions on municipal bonds with letters of credit and liquidity facilities provided by RBS and its subsidiaries. ... more info |
| Reykjavik's central bank estimates that international investors own up to IKr400bn of domestic bonds and warns that the nation should prepare itself for a 'massive currency outflow' ... more info |
| Question: I know market timing is a loser's game. However, I do think there is abundant evidence that the next 12-18 months are going to be very difficult for equities. Do you see any merit in trimming some equity holdings, parking the proceeds in short-term bonds or cash, and committing to immediately dollar-cost averaging back into the market on a monthly fixed schedule?
... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA' rating to the approximately $60,000,000 of state of Florida, Board of Governors university system improvement revenue bonds , series 2008A. ... more info |
| Reykjavik's central bank estimates that international investors own up to IKr400bn of domestic bonds and warns that the nation should prepare itself for a 'massive currency outflow' ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-' rating to $22.5 million Capital City Economic Development Authority parking and energy revenue bonds, 2008 series D. The bonds are expected through negotiation on or about the week of Dec. 17. ... more info |
| Treasury bonds advanced Tuesday after a government report showed that wholesale prices plunged a record amount in October, a drop that could indicate a rising threat of deflation. ... more info |
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| NEW YORK----Fitch Ratings affirms the 'BBB-' rating on approximately $8.6 million of Linn State Technical College Auxiliary System refunding and improvement revenue bonds, series 2006. ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'AAA/F1+' rating to the $40,925,000 Indiana Finance Authority, health system revenue refunding bonds, series 2008I and $40,925,000 Indiana Finance Authority, health system revenue refunding bonds, series 2008J . ... more info |
|
| NEW YORK----During the course of routine surveillance Fitch Ratings affirms the 'AA' rating on $184.5 million of outstanding Northeast Maryland Waste Disposal Authority solid waste refunding revenue bonds, series 2003 and $16.6 million outstanding Montgomery County, MD solid waste system refunding revenue bonds, series 2003. ... more info |
| AUSTIN, Texas----Fitch Ratings assigns an 'AAA' rating to the Bryan Independent School District, Texas' $28 million unlimited tax school building bonds, series 2008, based on a guaranty provided by the Texas Permanent School Fund , whose insurer financial strength is rated 'AAA' by Fitch. ... more info |
|
| NEW YORK----In connection with the downgrade of Calyon and long-term Rating Watch revision and short-term rating downgrade of M&I Marshall & Ilsley Bank , Fitch Ratings has taken various actions on municipal bonds with letters of credit and liquidity facilities provided by Calyon and M&I. ... more info |
| Debate is heating up on the future of Fannie Mae and Freddie Mac as they flounder with heavy losses and difficulties in borrowing through long-term bonds.
... more info |
|
| NEW YORK----Fitch Ratings has assigned 'BBB' ratings to the following new hospital revenue bonds issued on behalf of Mountain States Health Alliance : ... more info |
| The official overseeing an audit of Ecuador's foreign debt said his committee found evidence of abuses and irregularities tied to almost all of the country's bonds and will recommend a default on $10.3 billion in national debt. ... more info |
| Treasury bonds advanced Monday as investors sought shelter with safer investments amid more signs of weakness in the financial system. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AA' rating to the Columbus City School District, Ohio's $16.0 million school facilities construction and improvement bonds , series 2008. The bonds are expected to sell via negotiation the week of November 24. ... more info |
| NEW YORK----Fitch Ratings assigns an underlying 'A+' rating to approximately $587,575,000 Dormitory Authority of the State of New York city university system consolidated fifth general resolution revenue bonds, series 2008C and 2008D variable rate demand obligations. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to New York City's $425 million general obligation bonds fiscal 2009 series F, consisting of the following: ... more info |
|
| NEW YORK----Fitch Ratings assigns a rating of 'AA-/F1+' to the Bucks County Industrial Development Authority , hospital revenue bonds $73,965,000 series A of 2008, and a rating of 'A+/F1' to the $70,775,000 series B of 2008. ... more info |
|
| NEW YORK----Fitch Ratings has affirmed 24 classes of senior notes and removed Rating Watch Negative from six classes of subordinate notes from the Federal Family Education Loan Program student loan revenue bonds issued by NorthStar Guarantee, Inc. - 2000 Trust Indenture. ... more info |
| You wont get rich on munis, but you can get a steady stream of income. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'A+/F1' to the City of Los Angeles Industrial Development Authority variable-rate demand industrial development revenue bonds series 2008. ... more info |
|
| NEW YORK----Fitch Ratings affirms the 'AAA' rating assigned to Puerto Rico Housing Finance Authority's single-family mortgage revenue bonds, Portfolio IX and Portfolio X . ... more info |
| Convertible-bond prices in Europe have started a tentative recovery in the past two weeks as buyers and sellers returned to the secondary market to take advantage of bargain prices.
... more info |
| Question: I know market timing is a loser's game. However, I do think there is abundant evidence that the next 12-18 months are going to be very difficult for equities. Do you see any merit in trimming some equity holdings, parking the proceeds in short-term bonds or cash, and committing to immediately dollar-cost averaging back into the market on a monthly fixed schedule?
... more info |
| Convertible-bond prices in Europe have started a tentative recovery in the past two weeks as buyers and sellers returned to the secondary market to take advantage of bargain prices.
... more info |
| Convertible-bond prices in Europe have started a tentative recovery in the past two weeks as buyers and sellers returned to the secondary market to take advantage of bargain prices.
... more info |
| Ecuador vowed Friday to delay a $30.6 million interest payment on its foreign debt while it investigates possible irregularities in the contracts, sending its benchmark bonds and credit rating tumbling as default fears soared. ... more info |
|
| SAN FRANCISCO----Fitch Ratings assigns its 'A+' rating on the Transmission Agency of Northern California's California-Oregon Transmission Project revenue refunding bonds, 2008 series A, B, C, and D to be issued in a combined amount up to $450 million. ... more info |
| NEW YORK----Fitch Ratings assigns a rating of 'AA' to the Commonwealth of Massachusetts' approximately $552,755,000 general obligation refunding bonds, series 2008A. The bonds, which mature Sept. 1, 2009-2032, are scheduled to sell through negotiation the week of Nov. 17. ... more info |
|
| SAN FRANCISCO----Fitch Ratings assigns its 'F1+' rating to the $108 million Southern California Public Power Authority , CA Canyon Power Project revenue notes, 2008 series A. Fitch also affirms its 'AA-' rating on the Anaheim Public Financing Authority revenue bonds qualified lien obligations outstanding in the amount of $490.6 million and $126.2 million in second qualified lien bonds. ... more info |
|
| TAMPA, Fla.----Fitch Ratings has upgraded its underlying rating on Brookhaven at Lexington's $23.2 million series 2005 bonds issued through the Massachusetts Development Finance Agency to 'A-' from 'BBB'. ... more info |
| Question: I know market timing is a loser's game. However, I do think there is abundant evidence that the next 12-18 months are going to be very difficult for equities. Do you see any merit in trimming some equity holdings, parking the proceeds in short-term bonds or cash, and committing to immediately dollar-cost averaging back into the market on a monthly fixed schedule?
... more info |
| Ecuador vowed Friday to delay a $30.6 million interest payment on its foreign debt while it investigates possible irregularities in the contracts, sending its benchmark bonds and credit rating tumbling as default fears soared. ... more info |
|
| SAN FRANCISCO----Fitch Ratings assigns its 'A+' rating on the Transmission Agency of Northern California's California-Oregon Transmission Project revenue refunding bonds, 2008 series A, B, C, and D to be issued in a combined amount up to $450 million. ... more info |
| NEW YORK----Fitch Ratings assigns a rating of 'AA' to the Commonwealth of Massachusetts' approximately $552,755,000 general obligation refunding bonds, series 2008A. The bonds, which mature Sept. 1, 2009-2032, are scheduled to sell through negotiation the week of Nov. 17. ... more info |
|
| SAN FRANCISCO----Fitch Ratings assigns its 'F1+' rating to the $108 million Southern California Public Power Authority , CA Canyon Power Project revenue notes, 2008 series A. Fitch also affirms its 'AA-' rating on the Anaheim Public Financing Authority revenue bonds qualified lien obligations outstanding in the amount of $490.6 million and $126.2 million in second qualified lien bonds. ... more info |
| Ecuador said Friday it will delay a $30.6 million interest payment on its foreign debt while it investigates the contracts. The nation's benchmark bonds and credit rating tumbled. ... more info |
|
| TAMPA, Fla.----Fitch Ratings has upgraded its underlying rating on Brookhaven at Lexington's $23.2 million series 2005 bonds issued through the Massachusetts Development Finance Agency to 'A-' from 'BBB'. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AA-' rating to $300 million State of Connecticut special tax obligation bonds, transportation infrastructure purposes, series 2008A. The bonds will sell via negotiation on or about Nov. 18, and will mature Nov. 1, 2009-2028. ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'A+' rating to Osceola County, Florida's approximately $47.3 million sales tax revenue bonds, series 2008. The bonds are expected to price Dec. 9th. ... more info |
| Question: I know market timing is a loser's game. However, I do think there is abundant evidence that the next 12-18 months are going to be very difficult for equities. Do you see any merit in trimming some equity holdings, parking the proceeds in short-term bonds or cash, and committing to immediately dollar-cost averaging back into the market on a monthly fixed schedule?
... more info |
| Foreign investors are still showing a voracious appetite for U.S. Treasury bonds...but they're selling everything else the United States has to offer.
... more info |
| A $1.6 billion project to build a new international terminal at the world's busiest airport could be suspended within the next few months because the airport has been unable to sell $600 million in municipal bonds due to tight credit markets, the head of the airport said Thursday. ... more info |
|
| CHICAGO----Fitch Ratings assigns an 'A' rating to the $175 million Chicago Transit Authority, IL capital grant receipts revenue bonds, series 2008A . The bonds are expected to sell the week of Nov. 17. ... more info |
|
| LOS ANGELES----Top officials in the State of California's public works agencies and state treasury joined infrastructure and policy experts yesterday for a forum titled, “Assessing Performance and Progress of California's 2006 Infrastructure Bonds,” hosted by The Keston Institute for Public Finance and Infrastructure Policy at the University of Southern California . ... more info |
|
| NEW YORK----In the course of routine surveillance, Fitch Ratings downgrades to 'A-' from 'A' the rating on Mendocino County, California's $94.9 million in outstanding taxable pension obligation bonds refunding series 1996 and 2002. ... more info |
|
| SAN FRANCISCO----Fitch Ratings assigns an 'A+' rating to $4.8 million West Bountiful City water revenue bonds, series 2008. Fitch also assigns an 'A+' rating to the parity water revenue refunding bonds, series 2004, in the outstanding principal amount of $288,000. ... more info |
|
| NEW YORK----Fitch Ratings assigns a rating of 'AA+/F1+' to the $201,670,000 Florida Municipal Power Agency All-Requirements Power Supply Project variable rate demand refunding revenue bonds , consisting of: ... more info |
| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms its 'A-' rating on Eastside Union School District's outstanding $12.9 million general obligation bonds at 'A-'. ... more info |
|
| NEW YORK----Fitch Ratings has affirmed the 'AA' rating on Maryland Community Development Administration's capital fund securitization revenue bonds, series 2003. ... more info |
|
| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms the 'BBB' rating on approximately $23.9 million Providence, RI, special obligation tax increment refunding bonds series E, series F , and series G . ... more info |
| NEW YORK----In the course of routine surveillance, Fitch affirms Tampa Sports Authority, Florida approximately $108.0 million in local option sales tax revenue bonds at 'AA' and the $25.2 million in Florida sales tax payments revenue bonds at 'AA-'. ... more info |
| ICBC stock fell 11% after the unit of China's biggest bank by assets said it will book a $77.4 million loss from its exposure to bonds issued by three of Iceland's major banks.
... more info |
|
| AUSTIN, Texas----Fitch Ratings assigns an 'AA+' rating to Bexar County, TX's $32.5 million pass-through revenue and limited tax bonds, series 2008, scheduled to price the week of Nov. 17, 2008 via negotiation. ... more info |
|
| NEW YORK----In the course of routine surveillance, Fitch affirms the 'A+' rating on County of Alachua, Florida's approximately $60 million public improvement revenue bonds. The Rating Outlook is Stable. ... more info |
|
| SAN FRANCISCO----Fitch Ratings assigns an 'AA-' rating to the Anaheim Public Financing Authority of Orange County, CA's $52.9 million lease revenue refunding bonds, series 2008. The Rating Outlook is Stable. ... more info |
|
| NEW YORK----Assured Guaranty Corp. , the triple-A rated financial guaranty subsidiary of Assured Guaranty Ltd. , announced today that it guaranteed $209.4 million of fixed rate series 2008B bonds issued by the City of Minneapolis on behalf of Fairview Health Services, a Minneapolis integrated health care system. ... more info |
| NEW YORK----Fitch Ratings assigns an 'AA+' rating to the Town of Islip, New York's $15.015 million public improvement bonds, 2008. The bonds are scheduled to price competitively on Nov. 20 and will mature serially. ... more info |
| AUSTIN, Texas----Fitch Ratings has assigned an 'AAA' rating to the City of Minneapolis, Minnesota's approximately $7.73 million general obligation improvement bonds, series 2008. The bonds will sell competitively on Nov. 19, 2008. ... more info |
|
| NEW YORK----Fitch Ratings expects to confirm the underlying long-term rating of 'A+' currently assigned to the California Department of Water Resources' $425 million, series 2005F-3, F-5, and G-11 power supply revenue bonds upon their conversion to a fixed rate mode. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'A+' rating to Miami-Dade County , FL's approximately $301.4 million water and sewer system revenue refunding bonds, series 2008C. The bonds are scheduled to price the week of Nov. 17, 2008 through negotiated sale. ... more info |
|
| NEW YORK----Fitch Ratings assigns a rating of 'AA+/F1+' to the $160,000,000 Wisconsin Health and Educational Facilities Authority variable rate revenue bonds consisting of: $80,000,000 series 2008A and $80,000,000 series 2008B. ... more info |
| U.S. corporate bonds are registering their first sustained gains since Lehman Brothers' bankruptcy, but the market's rally is offering little relief to many cash-strapped companies. ... more info |
| RALEIGH, N.C.----Local Government Federal Credit Union buoyed its support for North Carolina local government with a commitment to invest in municipal bonds in the state. Starting immediately, LGFCU is in the market to purchase municipal bonds from North Carolina cities, towns and counties. ... more info |
| Moody's Investors Service said Wednesday it expects 10.4 percent of speculative grade debt, or "junk" bonds, will be defaulting a year from now. ... more info |
|
| NEW YORK----Fitch Ratings has placed the following Golden State Tobacco Securitization Corporation's Series 2007 bonds on Rating Watch Negative: ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'AA' rating to the $169.7 million Tennessee State School Bond Authority higher educational facilities second program bonds, 2008 series B. The bonds, which are expected to sell the week of Nov. 17, 2008 through negotiation, mature May 1, 2009-2038. ... more info |
|
| CHICAGO----Ziegler Capital Markets is pleased to announce the successful $4.175 million tax-exempt Variable Rate Demand Revenue Bonds financing of National Shrine of the Little Flower church . ... more info |
|
| SAN FRANCISCO----In the course of routine surveillance, Fitch Ratings affirms its 'A' rating on the following outstanding Anaheim Public Financing Authority , CA bonds as follows: ... more info |
|
| NEW YORK----Fitch Ratings has assigned an underlying long-term rating of 'A' to bank bonds corresponding to revenue anticipation certificates, series 2007G, issued on behalf of Northeast Georgia Health System by the Hall County and Gainesville Hospital Authority. ... more info |
|
| TAMPA, Fla.----Fitch Ratings has assigned an underlying 'AA-' rating on approximately $236 million of North Carolina Medical Care Commission series 2008 A & B variable rate demand bonds and has assigned an 'AA-' rating to UHSEC's series 2008 C&D fixed rated bonds and series 2008 E tender bonds. ... more info |
|
| AUSTIN, Texas----Fitch Ratings withdraws its 'AAA' rating previously assigned to the $251.5 million general obligation bonds , series 2008 of Chandler, Arizona. Fitch also withdraws its 'AA+' rating previously assigned to the city's $33.6 million excise tax revenue bonds, series 2008. ... more info |
| NEW YORK----Fitch Ratings assigns an 'F1+' rating to Georgia Municipal Gas Authority's planned issuance of $120 million gas revenue bonds , series 2008C. In addition, Fitch affirms the Gas Authority's outstanding $110 million of gas revenue bonds at 'A+'. ... more info |
|
| CHICAGO----Fitch Ratings has assigned an 'AA-' rating to approximately $196.6 million of Wisconsin Health and Educational Facilities Authority revenue bonds, series 2008A&B issued on behalf of Froedtert & Community Health Obligated Group . ... more info |
|
| AUSTIN, Texas----Fitch Ratings assigns an 'AA' underlying rating to Northside Independent School District , TX's $80 million unlimited tax school building bonds, series 2008A. The series 2008A bonds are expected to sell the week of Nov. 17 via negotiation. ... more info |
| General Motors Corp's extremely distressed debt is an attractive investment as the automaker has several options to improve its liquidity and survive the economic downturn, according to credit analysts at JPMorgan. ... more info |
|
| NEW YORK----Fitch Ratings has removed the 'A' rating of Southern California Public Power gas project revenue bonds ser 2007A, B & C from Rating Watch Negative. A Stable Outlook is assigned. ... more info |
| LUBBOCK, Texas----XFONE, Inc. today announced that its Series A Non-Convertible Bonds have commenced trading on the Tel Aviv Stock Exchange . ... more info |
|
| SAN FRANCISCO----Fitch Ratings has assigned an 'A+' rating to the Lower Colorado River Authority's transmission contract revenue bonds, series 2008A . The bonds are expected to be issued in an amount up to $100 million. ... more info |
|
| SAN FRANCISCO----Fitch Ratings has assigned an 'A+' rating to Lower Colorado River Authority's , $300 million refunding and improvement revenue bonds, series 2008A. The Rating Outlook is Stable. ... more info |
| CHICAGO----Fitch Ratings assigns a long-term rating of 'AA' to bank bonds corresponding to the city of Chicago's second lien water revenue refunding bonds, series 2004-1, 2004-2, and 2004-3. ... more info |
|
| SAN FRANCISCO----Stone & Youngberg, a leading financial services firm and the nation's top underwriter of California municipal bonds over the past five years1, today announced that it has made two key appointments to the firm's Taxable Fixed Income Group. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'A+/F1' to the California Infrastructure and Economic Development Bank variable-rate demand revenue bonds series 2008. ... more info |
| Question: I know market timing is a loser's game. However, I do think there is abundant evidence that the next 12-18 months are going to be very difficult for equities. Do you see any merit in trimming some equity holdings, parking the proceeds in short-term bonds or cash, and committing to immediately dollar-cost averaging back into the market on a monthly fixed schedule?
... more info |
| Foreign investors are still showing a voracious appetite for U.S. Treasury bonds...but they're selling everything else the United States has to offer.
... more info |
|
| NEW YORK----Fitch Ratings affirms the rating of 'A+' on Brookdale Community College's approximately $22.6 million of parity lease revenue bonds issued by the Monmouth County Improvement Authority, NJ . ... more info |
| NEW YORK----Fitch Ratings assigns a long-term 'AA' rating and Stable Rating Outlook to existing and potential bank bonds corresponding to the following Indiana Finance Authority variable-rate bonds: ... more info |
|
| NEW YORK----Fitch Ratings assigns a rating of 'AA' to approximately $95 million Indiana Finance Authority facilities revenue refunding bonds, consisting of ... more info |
|
| NEW YORK----In the course of routine surveillance, Fitch Ratings has affirmed the 'A' rating on approximately $14,400,000 in outstanding 2002 library building and site bonds issued by Clinton-Macomb Public Library . ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to Worcester, Maryland's $35,000,000 public improvement bonds, 2008 series. The bonds are scheduled to sell on Nov. 18, 2008 via competitive sale and will fund capital improvements to a county high school. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AA+' rating to Carroll County, Maryland's $80 million general obligation consolidated public improvement bonds of 2008. The bonds are scheduled for competitive sale on Nov. 13, 2008, with proceeds to fund a new high school, capital needs at the community college, land conservation, and projects for public works and general government needs. ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AA-/F1+' to the California Enterprise Development Authority variable rate demand industrial development revenue bonds , consisting of: $8,220,000 for tax-exempt series 2008A and $1,780,000 for the taxable series 2008B. ... more info |
|
| AUSTIN, Texas----Fitch Ratings has upgraded the rating on the Vista, California Community Development Commission tax allocation bonds to 'A-' from 'BBB+'. This action applies to the $27.1 million outstanding series 1995, 1998 and 2001 bonds that Fitch presently rates. ... more info |
| MarketAxess Holdings Inc., an operator of an electronic-trading platform for corporate bonds and other fixed-income securities, said Friday that October trading volume fell 50 percent. ... more info |
|
| OLDWICK, N.J.----Fifth graph, second sentence of the release dated Nov. 6, 2008, should read: In addition, A-rated bonds and bonds issued by government and public authorities of Singapore together accounted for 43% of the company's bond portfolio, further demonstrating the good quality of its invested assets. . ... 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 October 2008 of $13.3 billion, consisting of $7.3 billion in U.S. high-grade volume, $2.4 billion in eurobond volume, and $3.6 billion in other volume. ... more info |
| A U.S. Treasury decision has put a damper on the incentive to buy Series I savings bonds. ... more info |
|
| NEW YORK----Fitch Ratings has assigned 'AA+/F1+' ratings to the $50 million Hospital Facility Authority of the City of Salem, Oregon revenue bonds , series 2008C . The ratings are based on the direct-pay letter of credit supporting the bonds and the application of Fitch's joint probability methodology. ... more info |
|
| NEW YORK----Fitch Ratings has assigned 'AA+/F1+' ratings to the $75 million Hospital Facility Authority of the City of Salem, Oregon revenue bonds , series 2008B . The ratings are based on the direct-pay letter of credit supporting the bonds and the application of Fitch's joint probability methodology. ... more info |
| CHICAGO & NEW YORK----Fitch Ratings has assigned an 'AA' rating to the $41 million Maine Health and Higher Educational Facilities Authority revenue bonds, series 2008D. In addition, Fitch affirms its rating on approximately $1.4 billion of the authority's outstanding reserve fund resolution bonds at 'AA'. ... more info |
|
| CHICAGO----Fitch Ratings confirms its underlying 'AA' rating to the Harris County Health Facilities Development Corporation approximately $100 million outstanding revenue bonds, series 2008-1. ... more info |
|
| NEW YORK----Fitch Ratings will revise the 'AA/F1+' rating currently assigned to the $394,925,000 City of Chicago, second lien water revenue refunding bonds, series 2004, consisting of : $175,000,000 sub-series 2004-1; $175,000,000 sub-series 2004-2; and $44,925,000 sub-series 2004-3, to 'AAA/F1+'. ... more info |
| CHICAGO----Fitch Ratings assigns an 'AA+' rating to Polk County, Iowa's $3,975,000 general obligation bonds, series 2008. The bonds are scheduled for a competitive sale on Nov. 12, 2008. ... more info |
| NEW YORK----In conjunction with the recent downgrade of Synovus Financial Corporation and its subsidiary banks' long-term Issuer Default Ratings , Fitch Ratings has downgraded municipal bonds with letters of credit provided by Synovus to 'A-' from 'A'. ... more info |
|
| NEW YORK----Fitch assigns an 'AA-/F1+' rating to the City of Middletown, Ohio's $56,000,000 hospital facilities revenue bonds series 2008A and $55,000,000 series 2008B . The rating is based on the support provided by two irrevocable direct-pay letters of credit issued by JPMorgan Chase Bank, N.A. , each securing a respective series of the bonds. ... more info |
| Question: I know market timing is a loser's game. However, I do think there is abundant evidence that the next 12-18 months are going to be very difficult for equities. Do you see any merit in trimming some equity holdings, parking the proceeds in short-term bonds or cash, and committing to immediately dollar-cost averaging back into the market on a monthly fixed schedule?
... more info |
| Foreign investors are still showing a voracious appetite for U.S. Treasury bonds...but they're selling everything else the United States has to offer.
... more info |
| NEW YORK----Fitch Ratings affirms the 'AA+' rating on State of Ohio general obligation refunding bonds, consisting of the following: ... more info |
|
| SAN FRANCISCO----Fitch Ratings assigns an 'AA-' rating to South Jordan City's , Salt Lake County, Utah sales tax revenue bonds as follows: ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AA' rating to the State of Ohio's $30 million cultural and sports capital facilities bonds, series 2008B. The bonds are expected to sell via negotiation on or about Nov. 19, 2008. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' long-term rating to the Illinois State Toll Highway Authority's approximately $400 million toll highway variable-rate senior priority revenue bonds, series 2008B. ... more info |
|
| NEW YORK----Fitch Ratings has affirmed the underlying 'A+' rating on outstanding Dormitory Authority of the State of New York upstate community colleges revenue bonds, including $54,080,000 series 2005C bonds that are being converted to fixed-rate bonds. ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'A+' rating to the following bonds for the Municipal Electric Authority of Georgia : ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AA-' rating to $42,085,000 State of Minnesota 911 revenue bonds , series 2008. The bonds, scheduled to sell through negotiation the week of Nov. 17, mature June 1, 2009-2024 and are callable beginning June 1, 2018. ... more info |
| Question: I know market timing is a loser's game. However, I do think there is abundant evidence that the next 12-18 months are going to be very difficult for equities. Do you see any merit in trimming some equity holdings, parking the proceeds in short-term bonds or cash, and committing to immediately dollar-cost averaging back into the market on a monthly fixed schedule?
... more info |
| Foreign investors are still showing a voracious appetite for U.S. Treasury bonds...but they're selling everything else the United States has to offer.
... more info |
| BRYN MAWR, Pa.----Aqua America, Inc. announced today that Standard and Poor's has assigned its ‘AA-' secured debt rating and ‘1+' recovery rating to the $80 million tax-free First Mortgage Bonds planned for issuance by the company's largest subsidiary, Aqua Pennsylvania, Inc. ... more info |
| Ireland is the latest country forced to pay buyers of its debt premiums over comparable German bonds to overcome strains in the euro-zone bond market.
... more info |
| Ireland is the latest country forced to pay buyers of its debt premiums over comparable German bonds to overcome strains in the euro-zone bond market.
... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AA-' rating to approximately $650 million Dormitory Authority of the State of New York state personal income tax revenue bonds, consisting of series 2008B new money bonds and series 2008C and series 2008C refunding bonds. ... more info |
|
| NEW YORK----Fitch Ratings has assigned a 'BBB+' rating to Colorado Educational and Cultural Facilities Authority approximately $18.1 million charter school revenue bonds, series 2008 , issued on behalf of the American Academy Charter School . ... more info |
| NEW YORK----Fitch Ratings assigns an 'AA+' rating to the Town of Huntington, New York's $10.9 million public improvement serial bonds, series 2008A, and $2.9 million water district serial bonds, series 2007B. ... more info |
| NEW YORK----Fitch Ratings assigns a long-term 'AA' rating and Stable Rating Outlook to existing and potential bank bonds corresponding to the following State of Kansas Department of Transportation adjustable-rate bonds: ... more info |
|
| NEW YORK----Fitch Ratings assigns the General Authority of Southcentral Pennsylvania's 2008 revenue bonds the following ratings: ... more info |
|
| Concord Debt Holdings LLC , a joint venture debt platform among Winthrop Realty Trust , Lexington Realty Trust , and a subsidiary of Inland American Real Estate Trust Inc. announced today that: ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'AAA' rating to Monmouth County Improvement Authority , NJ's approximately $41 million county guaranteed governmental loan revenue bonds, series 2008 . ... more info |
| Pain in the market for convertible bonds is crippling big hedge funds and cutting off a key avenue of financing for many companies.
... more info |
|
| NEW YORK----Fitch Ratings assigns its 'A+' rating to the $200 million state of Michigan State Building Authority 2008 revenue and revenue refunding bonds, series I . The bonds are expected to be offered through negotiation on November 6. ... more info |
| CHICAGO----Fitch Ratings has assigned short-term ratings of 'F1+' to Trinity Health Credit Group based on its self-liquidity for the following variable-rate demand bonds : ... more info |
|
| CHICAGO----Fitch Ratings has assigned an 'AA' rating to Advocate Health Network's anticipated $180 million of series 2008D bonds to be issued through the Illinois Finance Authority. ... more info |
| Britain's Prince Charles has called for the establishment of an international agency to issue long-term environmental bonds to provide emergency funding to rainforest nations and protect the world's endangered forests ... more info |
| Question: I know market timing is a loser's game. However, I do think there is abundant evidence that the next 12-18 months are going to be very difficult for equities. Do you see any merit in trimming some equity holdings, parking the proceeds in short-term bonds or cash, and committing to immediately dollar-cost averaging back into the market on a monthly fixed schedule?
... more info |
| Foreign investors are still showing a voracious appetite for U.S. Treasury bonds...but they're selling everything else the United States has to offer.
... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to JEA's $77.5 million Bulk Power Supply System Scherer 4 Project revenue bonds, series 2008A. The Scherer 4 Project bonds are expected to price on Nov. 13, 2008 and will finance a portion of JEA's five-year, $152 million capital plan for Scherer Unit 4, most of which will support environmental upgrades. ... more info |
| NEW YORK----Fitch Ratings has assigned 'AA-/F1+' ratings to Oklahoma Student Loan Authority's $175,305,000 student loan bonds and notes, senior variable-rate demand obligations , series 2008II A-1 Bonds . ... more info |
|
| NEW YORK----Fitch Ratings has affirmed 9 classes from the Federal Family Education Loan Program student loan revenue bonds issued by Mississippi Higher Education Assistance Corporation. ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'A+' rating to approximately $664 million Empire State Development Corporation service contract revenue refunding bonds, series 2008D, scheduled to sell the week of Nov. 3, 2008 through negotiation. ... more info |
|
| TAMPA, Fla.----Fitch Ratings has upgraded its rating to 'BBB+' from 'BBB-' on the currently outstanding $2.3 million Sarasota County Health Facilities Authority health facilities revenue refunding bonds, series 1995 . ... more info |
|
| NEW YORK----In the course of routine surveillance, Fitch Ratings has affirmed the following outstanding ratings for the State of Wisconsin : ... more info |
|
| NEW YORK----In the course of routine surveillance, Fitch affirms the underlying 'A' rating on approximately $18 million in outstanding Trustees of the South Carolina Heritage Trust revenue bonds, series 2006. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA' rating to the State of New Hampshire's approximately $150 million general obligation capital improvement bonds 2008 series C, scheduled to sell the week of Nov. 3. ... more info |
|
| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms the 'A+' rating of the Natural Resource Commission of the State of Michigan State Park gross revenue bonds, series 2002. ... more info |
| NEW YORK----Fitch Ratings affirms the 'A-' rating on Widener University's $84.3 million of parity revenue bonds and $33.7 million series 2005 revenue bonds issued by the Pennsylvania Higher Educational Facilities Authority. ... more info |
|
| SAN FRANCISCO----Fitch Ratings assigns an 'AA' rating to the Municipality of Anchorage, Alaska's , $89.8 million 2008 general obligation bonds. The bonds consist of $60 million general purpose series A and $29.8 million schools series B. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an 'AA' rating to the city of Grand Prairie, Texas' $9 million general obligation bonds , series 2008 and $26.6 million combination tax and revenue certificates of obligation , series 2008A. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns its 'AA' rating to Grand Prairie, Texas' $4.9 million water and wastewater system revenue bonds, new series 2008. In addition, the 'AA' rating is affirmed on the city's $7.7 million of outstanding prior lien bonds and $56.8 million of outstanding parity bonds. ... more info |
| CHICAGO----Fitch Ratings assigns a long-term rating of 'AA' to bank bonds corresponding to Cook County, Illinois' general obligation variable-rate capital improvement bonds, series 2004E. ... more info |
| NEW YORK----Fitch Ratings assigns a rating of 'AAA' to the Indiana Housing and Community Development Authority $140 million single-family mortgage revenue bonds, 2008 series A-1 & A-3 and 'AAA/F1+' to the 2008 series A-2 variable-rate demand bonds. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA/F1+' rating to North Carolina State Education Assistance Authority's $309,855,000 tax-exempt education loan revenue and refunding bonds senior 2008-2 series . ... more info |
| Mexico moved to inject cash into its credit-squeezed financial markets on Thursday, saying it will buy back $3 billion in 10- to 30-year fixed rate government bonds. ... more info |
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| LONDON----Investors have allocated over US$5trillion to Sustainable Investing strategies that could kick-start an economic recovery strategy. In their new book Sustainable Investing, Cary Krosinsky and Nick Robins highlight that Sustainable Investing funds already amount to more than US$5trillion, and calculate that up to a quarter of public equities, as well as corporate and government bonds, incorporate parts of the sustainability agenda. ... more info |
| Question: I know market timing is a loser's game. However, I do think there is abundant evidence that the next 12-18 months are going to be very difficult for equities. Do you see any merit in trimming some equity holdings, parking the proceeds in short-term bonds or cash, and committing to immediately dollar-cost averaging back into the market on a monthly fixed schedule?
... more info |
| Metaldyne Corporation today announced it has launched a cash tender offer for 100% of its outstanding bonds, which have a combined aggregate principal amount of $392.2 million. Cash for the tender offer, along with cash for general funding purposes, will be provided by Asahi Tec, Metaldyne's parent company, after receiving funds from RHJ International, Asahi Tec's largest shareholder, and certain of Metaldyne's customers. ... more info |
| Italian Premier Berlusconi said the government was prepared to buy bank bonds and savings shares to help lenders cope with the global financial crisis.
... more info |
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| NEW YORK----Fitch Ratings has affirmed 8 classes of education loan revenue bonds issued by Arizona Higher Education Loan Authority 2005 Indenture. The indenture was placed 'Under Analysis' through the monthly SMARTView process due to variance in performance. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'A+' rating to the New York City Transitional Finance Authority's $400 million building aid revenue bonds, fiscal 2009 series S-2. The bonds are scheduled to sell through negotiation this week. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' rating to the New Jersey Transportation Trust Fund Authority's approximately $750,000,000 transportation system bonds, 2008 series A. The bonds, which mature Dec. 15, 2023-2038, are expected to be offered through negotiation on Nov. 13, 2008. ... more info |
| EU countries will not be able to compete until they develop a unified market for bonds denominated in euros, write Daniel Gros and Stefano Micossi ... more info |
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| TAMPA, Fla.----Fitch Ratings has assigned an 'AA+' rating to Palm Beach County, Florida's approximately $97.1 million public improvement revenue bonds, series 2008-2. The bonds are scheduled to price on or after Nov. 5 via negotiation; proceeds will be used to provide $43.3 million to the Max Planck Florida Corporation for infrastructure with the remaining $53.8 refunding outstanding Sunshine State commercial paper. ... more info |
| Asian stocks and government bonds rallied on Wednesday, on hopes the Bank of Japan and the Federal Reserve will cut interest rates this week to spur growth, while credit markets continued to show signs of recovery. ... more info |
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| TAMPA, Fla.----Fitch Ratings assigns its 'AA-' underlying rating to the Los Angeles Department of Water and Power's power system revenue bonds, series 2008A-1 and 2008A-2 and affirms the 'AA-' rating on LADWP's outstanding $4.7 billion in power system revenue bonds. ... more info |
| The recent decline in bank-to-bank lending rates is having no effect on corporate bonds, which continue to plunge in value -- a sign that the market believes more loan defaults and a wave of bankruptcies are ahead for U.S. companies. ... more info |
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| AUSTIN, Texas----Fitch Ratings has assigned an 'A+' rating to the South Bayside System Authority's $45.5 million 2008 wastewater revenue bonds. The bonds are scheduled to price as early as the week of Nov. 3 via a competitive sale, with proceeds to be used to construct improvements to the authority's wastewater system, fund a debt service reserve, and pay costs of issuance. ... more info |
| NEW YORK----Fitch Ratings assigns 'AA/F1+' rating to the Metropolitan Transportation Authority Transportation Revenue Variable Rate Bonds, consisting of: ... more info |
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| NEW YORK----Fitch Ratings has assigned a long-term underlying rating of 'A' to approximately $250 million of bank bonds corresponding to variable rate demand notes , series 2005D issued by the Metropolitan Transportation Authority, NY as follows: ... more info |
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| NEW YORK----Fitch Ratings confirms the 'AA-/F1+' rating assigned to the $2,250,000 California Statewide Communities Development Authority weekly adjustable / fixed rate industrial development revenue bonds , Series 1998C. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'A' rating to the Municipal Energy Agency of Nebraska's $75.91 million 2008 series A subordinate power supply system revenue bonds. At the same time, Fitch has affirmed the 'A' on MEAN's outstanding prior lien and subordinate lien bonds. ... more info |
| NEW YORK----Fitch Ratings confirms the 'AA' rating on Florida Gas Utility's Gas Supply Acquisition Project No. 2 revenue bonds , following the downgrade of UBS AG to 'A+'; Stable Outlook . ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA+/F1+ to the $40,585,000 City of Charlotte, North Carolina Charlotte/Douglas International Airport variable rate airport refunding revenue bonds, series 2008D . ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' rating to Charlotte, North Carolina's $40 million airport revenue and refunding bonds series 2008D, and affirms the outstanding rating of A+ on the authority's approximately $506 million in airport revenue bonds. ... more info |
| NEW YORK----Fitch Ratings withdraws the 'AA' rating assigned to Norfolk, Virginia's approximately $17.5 million general obligation capital improvement refunding bonds, series 2008D, originally scheduled to sell on Sept. 24, 2008. ... more info |
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| NEW YORK----In conjunction with the recent downgrade of Fifth Third Bancorp and its subsidiaries long-term Issuer Default Ratings , Fitch Ratings has taken various rating actions on municipal bonds with letters of credit and liquidity facilities provided by FITB. ... more info |
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| CHICAGO----Fitch Ratings has assigned 'AA-' underlying ratings to the Hospital Finance Authority of the City of St. Joseph's $123,650,000 variable-rate demand revenue bonds, , series 2002, 2003 and series 2006. ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch affirms the 'A' rating on the Economic Development Authority of Gloucester County, Virginia's approximately $8.1 million in outstanding lease revenue refunding bonds , series 2006. . ... more info |
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| CHICAGO----Fitch Ratings has assigned a long-term rating of 'A+' to bank bonds corresponding to the board of education of the city of Chicago's unlimited tax general obligation bonds , series 2005E-1 and 2005E-2. ... more info |
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| NEW YORK----Fitch Ratings confirms the Long Island Power Authority's up to $369 million series 2008B electric system general revenue bonds at 'A-'. The Rating Outlook is Negative. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA/F1+' to the California Municipal Finance Authority's $7,700,000 variable rate demand revenue bonds , series 2008. ... more info |
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| NEW YORK----Following a review of the underlying participants in the Tennessee Energy Acquisition Corp 2006C gas prepay project where MBIA acts a surety bond provider for the projects' seven participants, Fitch has downgraded the bonds to 'A-' from 'AA-' and removed them from Rating Watch Negative. ... more info |
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| NEW YORK----Fitch Ratings affirms its 'BBB' rating on Toll Road Investors Partnership II, L.P. Dulles Greenway Project revenue bonds, consisting of: $35.0 million current interest bonds, series 1999A; $438.8 million zero coupon bonds, series 1999 B; $162.4 million senior callable zero coupon bonds, series 2005 A; $53.8 million senior callable zero coupon bonds, series 2005 B; and $174.4 million senior zero coupon bonds, series 2005 C. ... more info |
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| NEW YORK----Fitch Ratings upgrades Chelan County Public Utility District No. 1 , Washington's approximately $1 billion senior and subordinated consolidated system revenue bonds and hydroelectric project revenue bonds to 'AA+' from 'AA'. ... more info |
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| ----On November 7, 2006 California voters approved over $42 Billion in General Obligation Bonds to fund transportation, flood control, school construction, housing, and water supply protection. ... more info |
| Bond insurer Assured Guaranty Ltd. said late Thursday it will reinsure about $13 billion of public finance debt originally insured by CIFG Assurance North America. ... more info |
| Asian stocks fell on Friday, led by a 4 percent drop in Japan's Nikkei, as the global economic slowdown slashed earnings prospects for an array of companies, forcing investors to look to safer government bonds. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'AA-' rating to approximately $17.5 million Southwest Communities Financing Authority's 2008 lease revenue bonds series A and $43 million County of Riverside certificates of participation 2008 series A. ... more info |
| Risk premiums on Fannie and Freddie debt securities reversed course amid confusion over the extent of the U.S. guarantee of these bonds.
... more info |
| Risk premiums on Fannie and Freddie debt securities reversed course amid confusion over the extent of the U.S. guarantee of these bonds.
... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA' rating to bonds to be issued on behalf of Catholic Health Initiatives by various issuers in Colorado, Tennessee, Ohio and Washington. The total bond size is expected to be between $300 million and $470 million. ... more info |
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| NEW YORK----Fitch Ratings assigns a 'AA-' rating to approximately $150 million Missouri Highways and Transportation Commission Federal Reimbursement State Road Bonds, series 2008A. The Rating Outlook is Stable. ... more info |
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| NEW YORK----Fitch Ratings, as part of ongoing surveillance, has affirmed the 'A' rating for Beaver Creek Metropolitan District, Colorado's approximately $4.3 million in outstanding general obligation bonds series 1998 and $692,000 in outstanding general obligation refunding bonds, series 2001. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to the Oklahoma Capitol Improvement Authority's $13,000,000 state facilities revenue bonds, series 2008B . The bonds are expected through negotiation Nov. 4, 2008 and are due July 1, 2010-24. ... more info |
| Risk premiums on Fannie and Freddie debt reversed course on continued confusion over the extent of government guarantee for these bonds.
... more info |
| Risk premiums on Fannie and Freddie debt reversed course on continued confusion over the extent of government guarantee for these bonds.
... more info |
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| NEW YORK----Fitch Ratings has revised the Rating Outlook on the State of New York's general obligation bonds to Stable from Positive. Fitch has also affirmed the 'AA-' rating on the state's approximately $3 billion in outstanding GO bonds. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns its 'AA' rating to Albuquerque , New Mexico's $11.5 million gross receipts tax refunding revenue bonds, series 2008B. In addition, Fitch affirms its 'AA' rating on the city's outstanding ... more info |
| Amid an Arkansas ballot crowded by presidential candidates, a lottery proposal and a measure banning unmarried couples from adopting, supporters of less-divisive state measures worry their messages may get drowned out in a sea of choices. ... more info |
| State officials have decided to ask a federal judge to determine if Alabama must follow a contract that calls for the refinancing of bonds approved in 1998 for school construction. ... more info |
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| NEW YORK----Fitch Ratings has assigned 'AA-/F1+' ratings to the California Pollution Control Financing Authority's $25,500,000 variable-rate demand solid waste disposal revenue bonds , series 2008A. ... more info |
| The city should wait to sell $80 million in bonds for infrastructure projects until early next year, if possible, given the national economic turmoil and the below-investment grade bond rating the city still holds from Standard & Poor's, a financial adviser said. ... more info |
| University of Oklahoma regents on Wednesday will consider approving the issuance of $63.46 million in bonds, even as the nation's banking system is in the throes of a credit crunch. ... more info |
| A prominent Hong Kong banker on Wednesday defended his peers against allegations that they deceived retail investors into buying bonds backed by Lehman Brothers Holdings Inc., investments now in doubt after the U.S. investment bank failed amid the financial crisis. ... more info |
| Updated tax rules issued Tuesday limit the way tax-exempt bonds can be used to pay for sports facilities but don't block the New Jersey Nets, New York Yankees and New York Mets from using billions of dollars in bonds to help pay for their new homes, state and city officials said. ... more info |
| Today's offering of Barclays debt is an important test. ... more info |
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| CLERMONT, Fla.----Blue Earth Solutions, Inc. today announced that it has been granted approval on its fourth in a series of planned municipal bond offerings nationwide for the construction of StyroSolve™ foam recycling facilities. ... more info |
| Imagine that the Man Upstairs is really, really pleased with you and has decided to make you fabulously wealthy. How would He do it? The simplest way would be to give you a bunch of no-brainer opportunities to make a killing on stocks and bonds. Then He'd put on this earth a host of suckers willing to take the opposite side of your bets.
... more info |
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| SAN FRANCISCO----Fitch Ratings has assigned an 'A-' rating to the Redevelopment Agency of the City of Pittsburg, CA's $73.8 million Los Medanos Community Development Project subordinate tax allocation refunding bonds, 2008 series A. ... more info |
| SAN FRANCISCO----Fitch Ratings assigns an 'AA-' rating to Palomar Pomerado Health, California's $110 million general obligation bonds, election of 2004, series 2008A. The bonds are scheduled to sell via negotiation the week of Nov. 10. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to the Oklahoma Capitol Improvement Authority's $27,000,000 state facilities revenue bonds, series 2008A . The bonds are expected through negotiation Oct. 28,2008 and are due July 1, 2010-25. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-' rating to the approximately $22,980,000 of Montgomery County Revenue Authority Lease Revenue Bonds, Series 2008A issued on behalf of the Montgomery College Foundation for the benefit of Montgomery College . ... more info |
|
| NEW YORK----Fitch Ratings has placed $16.5 million in outstanding Commonwealth Ports Authority , Commonwealth of the Northern Mariana Islands , airport revenue bonds, 1998 senior series A, on Rating Watch Negative. ... more info |
| Barclays PLC, Britain's second largest bank, Tuesday confirmed a report by Cazenove bank that it is close to selling at least 1 billion pounds worth of bonds backed by the British government. ... more info |
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| CHICAGO----Fitch Ratings has assigned an 'A+' rating to the expected issuance of approximately $90 million Washington Health Care Facilities Authority revenue and refunding bonds series 2008 on behalf of Seattle Cancer Care Alliance . ... more info |
| A new bond insurer backed by Macquarie Group and Citadel Investment Group received regulatory approval to write guarantees on U.S. municipal bonds.
... more info |
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| CHICAGO----In the course of routine surveillance, Fitch Ratings upgrades to 'A+' from 'A' the rating on Dixon Unit School District No. 170 , Illinois' outstanding $2.3 million general obligation refunding bonds, series 2003. ... more info |
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| NEW YORK----Fitch Ratings has assigned 'AA' ratings to the following tax exempt and taxable revenue obligation bonds for South Carolina Public Service Authority : ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to Suffolk County, New York's approximately $87.9 million public improvement serial bonds - 2008 series B and an 'F1+' to the county's $85 million tax anticipation notes 2008 . ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA' rating to New York City Municipal Water Finance Authority's approximately $200 million water and sewer system revenue bonds, fiscal 2009 series A. ... more info |
| NEW YORK----Fitch Ratings assigns an 'AAA/F1+' rating to $400,905,000 of Board of Regents of the University of Texas System variable-rate permanent university fund bonds, series 2008A bonds. ... more info |
| Credit ratings agency Fitch Ratings said Monday that ratings downgrades to credit card asset-backed securities could increase in the near future as lending margins narrow while defaults continue to climb. ... more info |
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| CHICAGO & NEW YORK----Fitch Ratings assigns an 'AA-' rating to the expected issuance of up to $350 million of series 2008A-D revenue and refunding bonds to be issued on behalf of MedAmerica Health Systems-Miami Valley Hospital listed below. ... more info |
| The rout in the normally sedate world of high-quality corporate bonds could represent a buying opportunity for investors chasing higher yields.
... more info |
| NEW YORK----Fitch Ratings has assigned 'AA-' ratings to the following general obligation school loan refunding bonds to be issued by the State of Michigan : ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'A' rating to $44.5 million North Slope Borough general obligation bonds, series 2008A, and an 'F1' rating to the borough's $42.4 million GO refunding bonds, series 2008B. ... more info |
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| NEW YORK----Fitch Ratings has assigned a rating of 'AA+/F1+' to each subseries of the City of Chicago, second lien wastewater transmission variable rate revenue refunding bonds series 2008C consisting of: ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA/F1' rating to the Colorado Health Facilities Authority hospital revenue bonds , $39,085,000 series 2008A and $16,430,000 series 2008B. The long-term ratings assigned to the bonds are based jointly on the underlying rating assigned to the bonds , and the support provided by the LOC issued by Compass Bank securing the bonds. ... more info |
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| AUSTIN, Texas----During the course of surveillance, Fitch upgrades the rating on the Grand Fire Protection District No. 1 of Grand County, CO series 2004 general obligation bonds to 'A' from 'A-'. ... more info |
| Singapore's central bank said Friday it is investigating allegations of misconduct by commercial bank officials in connection with the sale of about 640 million Singapore dollars of bonds linked to bankrupt U.S. brokerage Lehman Brothers Holdings Inc. ... more info |
| Troubles in the credit markets have riled the most mundane sector of the ETF market: bonds. ... more info |
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| SAN FRANCISCO----Fitch rates the Western Municipal Water District of Riverside County, California's 2008 Refunding Bond Anticipation Notes 'F1+'. The note proceeds will refund the Series 2002 Adjustable Rate revenue bonds, currently outstanding as auction rate securities. ... more info |
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| NEW YORK----Fitch assigns an 'A+' rating to Clay County, Florida's approximately $79 million infrastructure sales surtax revenue bonds, series 2008. The bonds are scheduled to price Oct. 28th. ... more info |
| NEW YORK----In the course of routine surveillance, Fitch takes the following actions on Colleyville, Texas revenue bonds: ... more info |
| Two longtime Louisiana bridge projects could face cash shortfalls because the nation's financial problems have dried up the market for the municipal bonds that are supposed to pay ongoing construction costs. ... more info |
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| CHICAGO----Fitch Ratings assigns a long-term rating of 'AA' on the maximum expected issuance of $1.28 billion in series 2008A-D revenue and refunding bonds issued on behalf of Trinity Health Credit Group listed below. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' rating to the School District of Philadelphia, Pennsylvania's approximately $284.4 million general obligation bonds, series E of 2008 and $112.7 million GO refunding bonds, series F of 2008 based on the Pennsylvania school bond enhancement program. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns a long-term rating of 'AA' to bank bonds corresponding to San Diego County, California taxable pension obligation bonds series 2008B-1 and 2008B-2. ... more info |
| Foreign investors are still showing a voracious appetite for U.S. Treasury bonds...but they're selling everything else the United States has to offer. ... more info |
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| CHICAGO----Fitch Ratings assigns an 'AA' rating to the New Mexico Finance Authority's $36.5 million senior lien public project revolving fund revenue bonds, series 2008B. The bonds are scheduled to sell competitively on October 23rd. ... more info |
| Foreign investors are still showing a voracious appetite for U.S. Treasury bonds...but they're selling everything else the United States has to offer.
... more info |
| Foreign investors are still showing a voracious appetite for U.S. Treasury bonds...but they're selling everything else the United States has to offer.
... more info |
| Foreign investors are still showing a voracious appetite for U.S. Treasury bonds...but they're selling everything else the United States has to offer.
... more info |
| ISLE OF MAN, British Isles----Savings specialist, Bradford & Bingley International has launched two new fixed rate savings bonds on the back of increased customer demand. ... more info |
|
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to the town of Groton, CT's $4.3 million of 2008 general obligation bonds, lot A, and $3.3 million of 2008 GO sewer bonds, lot B. ... more info |
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| CHICAGO & NEW YORK----Fitch Ratings has assigned an 'A' underlying long-term rating to Wayne County Airport Authority, Michigan's approximately $30 million bank bonds corresponding to the variable rate demand obligations series 2008B which has a letter of credit from Landesbank Baden-Wurttemberg , acting through its New York Branch. ... more info |
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| NEW YORK----Fitch Ratings has assigned 'AA' long-term ratings to the expected $350 million issuance of California Health Facilities Financing Authority revenue bonds series 2008C on behalf of Providence Health & Services' . ... more info |
| NEW YORK----Fitch Ratings affirms the 'A-' rating on North Shore Long Island Jewish Health System's approximately $869 million outstanding debt for the following bond issues. The Rating Outlook is Stable. ... more info |
| CHICAGO----Fitch Ratings has assigned an 'A' long-term rating to bank bonds corresponding to the Missouri Health and Educational Facilities Authority variable-rate demand health facilities revenue bonds, series 2008B and 2008C. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'A-' rating to the $400 million, 7.125% senior secured bonds issued by PPL Electric Utilities Corp. . The bonds mature Nov. 30, 2013. The Rating Outlook is Stable. ... more info |
|
| NEW YORK----Fitch Ratings withdraws the 'AA' rating assigned to Sarasota County's estimated $10.3 million infrastructure sales surtax revenue bonds, series 2008C on October 9, 2008. ... more info |
|
| NEW YORK----Fitch Ratings assigns a long-term underlying rating of 'AA' to bank bonds corresponding to variable rate certificates of participation , series 2005B issued by Raleigh, North Carolina . ... more info |
| The credit markets continued to show signs of relief Wednesday, a day after the U.S. government announced plans to inject capital directly into banks by buying their stock. ... more info |
|
| CLERMONT, Fla.----Blue Earth Solutions, Inc. today announced that it has been granted approval on its second of a series of planned municipal bond offerings nationwide for the construction of StyroSolve™ foam recycling facilities. ... 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, will announce its 2008 third quarter results on Wednesday, October 29, 2008. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to New York City's $345 million general obligation bonds fiscal 2009 series E, consisting of the following: ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA' rating to $250 million in State of Connecticut general obligation bonds, series 2008C. The bonds are expected to sell via negotiation the week of October 20, and will mature Nov. 1, 2009-2028. ... more info |
| NEW YORK----Fitch Ratings downgrades the rating of about $1 billion Rhode Island and Providence Plantations general obligation bonds to 'AA-' from 'AA' and removes the rating from Rating Watch Negative. ... more info |
|
| NEW YORK----Fitch maintains the 'A' rating on Northern California Gas Authority No. 1 2007A,B prepay gas project bonds and revises the Outlook to Negative from Stable. The Outlook revision on the prepay bonds reflects Fitch's downgrade of Morgan Stanley's Issuer Default Rating to 'A' from 'AA-'/Negative Outlook. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an underlying 'A' rating to Forney Independent School District, Texas' $35 million unlimited tax school building bonds, series 2008A. In addition, Fitch affirms the district's approximately $214 million in outstanding unlimited tax bonds at 'A'. ... more info |
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| AUSTIN, Texas----In the course of routine surveillance, Fitch affirms its rating of 'AA' on San Antonio, Texas's $23.6 million taxable contract revenue bonds, series 2003. The Rating Outlook is Stable. ... more info |
|
| NEW YORK----Fitch assigns an 'AA+' rating to San Antonio, Texas's $10.2 million taxable general improvement refunding bonds, series 2008, scheduled to sell during the week of Oct. 20th via negotiated sale. ... more info |
|
| SAN FRANCISCO----Fitch Ratings has assigned an 'A-' rating to the Redevelopment Agency of the City of San Jose's $100.5 million Merged Area Redevelopment Project tax allocation bonds , consisting of the following: ... more info |
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| NEW YORK----Fitch Ratings will confirm the 'AA/F1+' rating currently assigned to $200,000,000 City of Chicago, general obligation variable rate demand bonds , refunding series 2007, consisting of: $100,000,000 series 2007E; $80,000,000 series 2007F; and $20,000,000 series 2007G. ... more info |
| West Virginia still plans to offer around $78 million in bonds to fund college campus construction projects, but officials say they realize there may be no buyers. ... more info |
| The first day of California's highly-anticipated bond offering has generated $1.465 billion in sales, or 37% of the state's $4 billion in revenue anticipation notes up for sale.
... more info |
|
| NEW YORK----Fitch assigns a long-term underlying rating of 'A+' to bank bonds corresponding to variable rate demand obligations issued by the City and County of Denver, Colorado, , for and on behalf of its Department of Aviation series 2007G1-G2 airport system revenue bonds. ... more info |
|
| MEMPHIS, Tenn.----The Industrial Development Board of the City of New Orleans, Louisiana, Inc. will offer revenue bonds, series 2008A, in the amount of $50,000,000 on or about Monday, October 13 through Thursday, October 16, 2008.1 ... more info |
| Catastrophe-bond issuance has suffered amid the financial crisis, but insurers hope the complex products will be able to manage a comeback.
... more info |
| Catastrophe-bond issuance has suffered amid the financial crisis, but insurers hope the complex products will be able to manage a comeback.
... more info |
|
| NEW YORK----Fitch Ratings assigns an 'A' rating to the Metropolitan Transportation Authority, NY's approximately $500 million transportation revenue bonds, series 2008C. Bond proceeds will be used to finance a portion of the authority's transit and commuter projects and to pay the cost of issuance. ... more info |
| The upscale town of Avon is feeling the effects of the crisis on Wall Street. Local leaders are meeting Tuesday, hoping to sell $25.8 million in short-term bonds. The town needs to borrow the money to retire old debt, incurred while renovating Avon High School and the town hall. ... more info |
| Hong Kong legislators on Monday accused regulators of failing to monitor banks that sold billions of dollars worth of Lehman Brothers-backed bonds whose value is in doubt after the U.S. investment bank failed. ... more info |
| Hundreds of distraught Singaporean investors flooded a park to express their anguish at losses from structured notes issued by Lehman Brothers Holdings Inc. that they say were sold to them by banks as safe investments. ... more info |
| Corporate bonds, which many investors often considered safer than stocks, have had their biggest declines ever in recent weeks.
... more info |
|
| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms its rating of 'AA' on Gahanna-Jefferson Public School District , Ohio's outstanding $7.6 million various purpose bonds, series 1999. ... more info |
| Sellers of insurance on bonds issued by bankrupt Lehman Brothers Holdings Inc. are now likely to face demands that they pay out more than 91 cents on the dollar to buyers of those insurance contracts. ... more info |
|
| CHICAGO----Fitch Ratings has affirmed the 'BBB-' underlying rating on approximately $26.1 million County of Marion, Ohio health care facilities refunding and improvement revenue bonds, series 1993, issued on behalf of United Church Homes, Inc . ... more info |
|
| CHICAGO----In the course of routine surveillance, Fitch Ratings has affirmed at 'A+' the following qualified zone academy bonds for the Aurora West School District No. 129, Illinois : ... more info |
|
| NEW YORK----Fitch Ratings has assigned 'AAA/F1+' ratings to the Indiana Finance Authority's health system revenue refunding bonds, series 2008 consisting of the following: ... more info |
| IBM Corp. sold $3.9 billion in bonds on Thursday, a sign that the stalwarts of the corporate world are still finding lenders. ... more info |
|
| NEW YORK----In the course of routine surveillance, Fitch Ratings has affirmed Moulton Niguel Water District, CA's approximately $49.6 million of outstanding consolidated refunding bonds, series 2003 at 'AA'. ... more info |
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| SAN FRANCISCO----Fitch Ratings has assigned an 'F1+' rating to the Snohomish Public Utility District No. 1's $60 million, generation system revenue notes, series 2008A. Proceeds will refund Snohomish PUD's outstanding series 1995 generation bonds and fund a termination payment for the swap associated with those bonds as well as costs of issuance. ... more info |
|
| CHICAGO----Fitch Ratings assigns an 'AAA' rating to New Jersey Environmental Infrastructure Trust's $139.1 million environmental infrastructure bonds, series 2008A. The bonds are scheduled to sell competitively on October 29. ... more info |
|
| AUSTIN, Texas----Fitch Ratings assigns an 'AAA' rating to Frisco Independent School District, Texas' $136 million unlimited tax school building and refunding bonds, series 2008A, based on the guaranty provided by the Texas Permanent School Fund , whose insurer strength is rated 'AAA' by Fitch. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA' rating to Sarasota County, Florida's approximately $10.3 million infrastructure sales surtax revenue bonds series 2008C. The bonds are scheduled to price on Oct. 30. ... more info |
|
| NEW YORK & CHICAGO----Fitch Ratings assigns an 'AAA' rating to the Colorado Water Resources and Power Development Authority's approximately $9 million drinking water revenue bonds 2008 series B. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns its 'AA+' rating to the Metropolitan St. Louis Sewer District's $30 million wastewater system revenue bonds, series 2008A. The bonds, which are scheduled to sell the week of Oct. 20th via negotiation, will be used to finance improvements to the district's sanitary sewer system , fund a debt service reserve, and pay costs of issuance. ... more info |
| The Treasury plans to release $20 billion more in Treasury bonds in a move to ease strains in lending markets.
... more info |
| The Treasury plans to release $20 billion more in Treasury bonds in a move to ease strains in lending markets.
... more info |
| NEW YORK----Fitch Ratings assigns a 'AA+' long-term rating to bank bonds corresponding to the Alaska Housing Finance Corporation 's Housing Mortgage Revenue Bonds, 2007 Series A. In addition, Fitch affirms the 'AA+' rating on the outstanding $810.1 million Housing Mortgage Revenue Bond program. ... more info |
| Shares of Piper Jaffray Cos. tumbled on Wednesday after the investment bank and institutional securities firm said it would record $21.7 million in third-quarter charges and discontinue a bonds program, leading an analyst to downgrade the stock. ... more info |
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| NEW YORK----Fitch Ratings has upgraded the underlying rating on approximately $17.3 million South Lake County Hospital District revenue bonds, series 2003 to 'BBB' from 'BBB-'. The $35.2 million South Lake County Hospital District series 1999 revenue bonds are guaranteed by Orlando Health . ... more info |
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| NEW YORK----Fitch rates approximately $183.3 million Board of Regents of Texas Tech University System revenue financing system refunding and improvement bonds twelfth series 'AA'. The series 2008 bonds are expected to price on or about October 24 via negotiated sale. ... more info |
| Emerging market stocks and bonds took a beating, with debt bearing the brunt of the sell-off and bond prices declining to levels last seen in 2006.
... more info |
| Yankee Gas Services Company, part of the Northeast Utilities system, today announced it had completed the sale of $100 million of first mortgage bonds through a private placement. ... more info |
| Gov. Steve Beshear said Tuesday Kentucky went ahead with a $390 million bond sale while some other states held back amid concerns about the credit markets. ... 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 September 2008 of $13.8 billion, consisting of $7.2 billion in U.S. high-grade volume, $2.7 billion in European high-grade volume, and $3.9 billion in other volume. ... more info |
| NEW YORK----Fitch Ratings has assigned the following ratings to Idaho Housing and Finance Association's single-family mortgage bonds, 2008 series D: ... more info |
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| NEW YORK----Fitch Ratings has assigned 'AA+/F1+' ratings to the Health and Educational Facilities Authority of the State of Missouri's $35 million variable-rate demand health facilities revenue bonds , series 2008C . ... more info |
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| NEW YORK----Fitch Ratings has assigned 'AA+/F1+' ratings to the Health and Educational Facilities Authority of the State of Missouri's $70 million variable-rate demand health facilities revenue bonds , series 2008B . ... more info |
| While the sector is holding up better than banks, the cost of protecting investors against defaults on bonds via credit default swaps escalates, indicating that anxiety is rising ... more info |
| Even as the stock- and credit-market crises stretch into Treasury bonds, one area is seeing record highs: municipal bonds.
... more info |
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| CHICAGO----Fitch Ratings has assigned an 'AAA' rating to the Missouri State Environmental Improvement and Energy Resources Authority's $72 million water pollution control and drinking water revenue bonds , series 2008A. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns a long-term underlying rating of 'A' to bank bonds corresponding to variable rate demand obligations issued by the Airport Commission, City and County of San Francisco, CA, San Francisco International Airport , second series variable rate revenue refunding bonds issue 37A & B. ... more info |
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| CHICAGO----Fitch Ratings assigns a 'BBB' rating to Cleveland-Cuyahoga County Port Authority's approximately $37.9 million special assessment/tax increment revenue bonds, series 2008 . ... more info |
| Stocks, bonds and currencies across emerging markets sank as investors braced for the worst and fled risky assets.
... more info |
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| NEW YORK----Fitch Ratings has assigned a long-term rating of 'AA' to bank bonds corresponding to lease appropriation bonds issued by the Indiana Finance Authority as follows: ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings has affirmed Charlevoix County, Michigan approximately $6.3 million in outstanding general obligation unlimited tax medical care facility bonds, series 2001. ... more info |
| NEW YORK----Fitch Ratings has assigned the following ratings to Utah Housing Corporation's 2008 series E single-family mortgage bonds: ... more info |
| AUSTIN, Texas----Fitch Ratings has assigned an 'A+' rating to the Dysart Unified School District No. 89 of Maricopa County, Arizona's $33.5 million school improvement bonds, project of 2006, series C . ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an 'A+' rating to the $5 million general obligation bonds, series 2008, and $9.85 million public improvement sales tax bonds , series ST-2008 of Terrebonne Parish, Louisiana . ... more info |
| World stocks plunged to three-year lows on Monday as investors fled to government bonds, gold and the low-yielding yen, fearing policymakers' efforts to contain the credit crisis might not be enough to prevent a recession. ... more info |
| World stocks dived to three-year lows on Monday as investors fled to government bonds and the low-yielding yen, fearing efforts by policymakers to contain the credit crisis might not be enough to prevent a recession. ... more info |
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| NEW YORK----Fitch Ratings has assigned a long-term underlying rating of 'A' to bank bonds corresponding to variable-rate demand obligations issued on behalf of Bon Secours Health System, Inc. as follows: ... more info |
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| NEW YORK----Fitch Ratings has assigned a long-term underlying rating of 'AA+' to bank bonds corresponding to variable rate demand obligations issued by the State of Texas Veterans' Housing Assistance Program Fund II refunding bonds series 2006C. ... more info |
| NEW YORK----Fitch Ratings has assigned a long-term underlying rating of 'AA-' to bank bonds corresponding to variable-rate demand obligations issued by the Kentucky Asset/Liability Commission , under its 2005 general fund second series, consisting of series A-1 and A-2, and its 2007 road fund first series A note programs. ... more info |
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| BOSTON----Pioneer Investments announced today that it has entered into a consulting relationship and research agreement with Montpelier Capital Advisors, Ltd. . Under the new consulting relationship and research agreement, Montpelier will provide research services to Pioneer with regard to investments in event-linked securities, which are commonly known as "catastrophe" bonds. ... more info |
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| NEW YORK----As part of its routine surveillance, Fitch Ratings has affirmed Boulder County, Colorado's $1.5 million open space sales & use tax revenue bonds, series 2000B at 'A+'. ... more info |
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| NEW YORK----Fitch Ratings has assigned a long-term underlying rating of 'A+' to bank bonds corresponding to the District of Columbia's multimodal general obligation bonds, series 2003D. ... more info |
| Iowa is delaying plans to issue bonds to pay for $185 million in prison construction and other projects because of the nation's credit crunch. ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings has affirmed the rating on the Sanitary District of the Town of St. John, Indiana's approximately $450,000 of outstanding sanitary district bonds of 1996 at 'A-'. ... more info |
| NEW YORK----Fitch Ratings now assigns ratings, upon request, to bank bonds, i.e. variable rate demand obligations issued by U.S. municipal entities that have been tendered but not remarketed, and are purchased by the liquidity provider in accordance with the liquidity support agreement. ... more info |
| The Wall Street meltdown has made its way to Main Street in Oregon or, in Portland's case, Naito Parkway. State and local governments are putting bond sales on hold as they wait to see whether a congressional bailout might calm the markets. ... more info |
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| NEW YORK----Fitch has assigned an 'A+' rating to the Commonwealth of Kentucky State Property and Buildings Commission's approximately $5 million taxable agency fund revenue bonds, Project No. 92, expected for negotiation on or about Oct. 7. ... more info |
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| NEW YORK----Fitch has assigned an 'A+' rating to the Commonwealth of Kentucky State Property and Buildings Commission's approximately $14.6 million agency fund revenue bonds, Project No. 91, expected for negotiation on or about Oct. 7. ... more info |
| Some investors are abandoning stocks and bonds and seeking refuge in unusual alternatives such as champagnes, parking spaces and exotic livestock.
... 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 $325.4 million revenue and revenue refunding bonds, Project No. 90. ... more info |
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| SAN FRANCISCO----Fitch Ratings has assigned a 'BBB+' long-term rating to the $95 million City of Loma Linda, California, hospital revenue bonds series 2008 A&B. In addition, Fitch affirms its rating on approximately $293.1 million of outstanding parity bonds. ... more info |
| AUSTIN, Texas----Fitch Ratings has assigned an 'AAA' rating to the City of Bloomington, Minnesota's $6.905 million general obligation permanent improvement revolving fund bonds of 2008, series 42. ... more info |
| NEW YORK----Fitch Ratings withdraws the 'AAA' rating assigned to Wake County, North Carolina's approximately $424 million general obligation bonds, including GO public improvement bonds, series 2008A, and GO refunding bonds, series 2008B, originally scheduled to sell on Sept. 23, 2008. ... more info |
| NEW YORK----Fitch Ratings affirms the approximately $120 million Illinois Health Facilities Authority series 1998 and 2002 revenue bonds issued on behalf of Centegra Health System at 'A-'. ... more info |
| AUSTIN, Texas----Fitch Ratings assigns an 'AA' rating to the City of El Paso, Texas' $35.9 million of water and sewer revenue refunding bonds, series 2008C. The bonds are scheduled to sell via negotiation the week of Oct. 6. ... more info |
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| CHICAGO----Fitch Ratings affirms the underlying rating of 'AA' on $206.7 million City of Chicago, Illinois general obligation variable-rate demand bonds . The 'AA' rating will be assigned to bank bonds in the event that they are created by an unremarketed tender of the variable rate bonds. ... more info |
| Some bondholders in financial companies that have gone bust or have been taken over aren't faring well -- and that is driving investors away from the overall corporate-bond market.
... more info |
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| CHICAGO & NEW YORK----Fitch Ratings affirms the underlying 'A' rating on the Illinois Finance Authority outstanding $95.1 million series 2004 revenue bonds. The Rating Outlook is Stable. ... more info |
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| AUSTIN, Texas----Fitch assigns an 'AAA' rating to Hennepin County , Minnesota's $63.51 million general obligation bonds, series 2008D and $15 million GO capital notes, series 2008E, scheduled for competitive sale Oct. 8th. ... more info |
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| NEW YORK----Fitch Ratings has assigned a 'BBB-' rating on Baptist Health Care Corporation's $515 million series 2008 bonds expected to be issued through the Escambia County Health Facilities Authority. ... more info |
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| NEW YORK----Fitch Ratings has assigned 'AAA/F1+' ratings to the following general revenue variable-rate bonds for the Triborough Bridge and Tunnel Authority ... more info |
| Loomis Sayles' Dan Fuss, one of the biggest and most widely followed U.S. bond managers, said on Wednesday U.S. investment-grade corporate bonds, which have been heavily battered in recent weeks, are the "best buying opportunity" in decades. ... more info |
| NEW YORK----Fitch has assigned an 'A+' rating to $16.6 million in State of Connecticut Health and Educational Facilities Authority revenue bonds, child care facilities program, series G. ... more info |
| Credit channels are becoming as dry as Death Valley. The $6 billion issued in corporate bonds over the last two weeks might seem like a lot, but... ... more info |
| Stocks and bonds have been whipsawed the past few days as investors try and figure out whether a financial bailout plan will be salvaged and what that will mean for the U.S. economy.
... more info |
| Stocks and bonds have been whipsawed the past few days as investors try and figure out whether a financial bailout plan will be salvaged and what that will mean for the U.S. economy.
... more info |
| CHICAGO----Fitch Ratings has assigned an 'AAA' rating to Maine Municipal Bond Bank's $112 million 2008 series C general bond resolution bonds. The bonds are expected to sell during the week of Oct. 6 via negotiation. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA' underlying rating to the following general revenue variable-rate bonds for the Triborough Bridge and Tunnel Authority, NY : ... more info |
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| NEW YORK----Assured Guaranty Corp. , the triple-A rated financial guaranty subsidiary of Assured Guaranty Ltd. , announced today that it guaranteed $130 million of convertible capital appreciation bonds for the North Texas Toll Authority . ... more info |
| Arkansas Gov. Mike Beebe on Tuesday said he believes a proposal to issue $300 million in bonds for water projects will pass if voters understand that it will not raise their taxes. ... more info |
| The Irish government announced a surprise decision to safeguard the Irish banking system for two years, guaranteeing all deposits, covered bonds, senior debt and dated subordinated debt of the four main banks. ... more info |
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| NEW YORK----Fitch Ratings has assigned a rating of 'AA+/F1+' to the city of New York, New York's $100,000,000 general obligation bonds, fiscal 2009 series B, adjustable rate bonds, subseries B-3. ... more info |
| AUSTIN----Fitch assigns its 'A-' rating to Cherry Creek North Business Improvement District No. 1 , Colorado's $9.25 million general obligation bonds, series 2008, scheduled to sell via negotiation the week of Oct. 13. ... more info |
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| NEW YORK----The Boards of Trustees for 10 Morgan Stanley Closed-End Municipal Funds, each a registered closed-end investment company , have approved an additional round of refinancing through the use of Tender Option Bonds that would enable each Fund to redeem a portion of the shares of one or more series of each Fund's outstanding auction rate preferred shares . ... more info |
| NEW YORK----Fitch Ratings has assigned an underlying 'AA-' rating to New York City, NY's $100 million tax-exempt general obligation bonds fiscal 2009 series B, subseries B-3 adjustable-rate bonds. ... more info |
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| CHICAGO & NEW YORK----Fitch Ratings has assigned an 'A' underlying long-term rating to Wayne County Airport Authority, Michigan's approximately $74.8 million airport revenue refunding bonds senior lien, series 2008E-F. ... more info |
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| NEW YORK----Fitch assigns an underlying rating of 'A' to $150 million Industrial Development Board of the City of New Orleans, Louisiana, Inc. State of Louisiana annual appropriation obligation revenue bonds series 2008. ... more info |
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| CHICAGO----Fitch Ratings has affirmed the 'AA' rating on the New Mexico Finance Authority's $622.7 million outstanding senior lien public project revolving fund revenue bonds. Fitch has also affirmed and removed from Rating Watch Negative the 'AA-' rating on the NMFA's $381.4 million outstanding subordinate lien PPRF revenue bonds. ... more info |
| Investors aren't convinced the bailout will end the bear market in stocks. Money managers looking for the best opportunities are buying corporate bonds, not stocks.
... more info |
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| NEW YORK----Fitch Ratings assigns an 'AAA' rating to Henrico County, Virginia's $95,850,000 general obligation public improvement bonds, series 2008A. The bonds are scheduled for bids on October 7 and will mature serially on Dec. 1, 2009-2028. ... more info |
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| NEW YORK & LONDON----Fitch Ratings has upgraded the outstanding series of covered bonds issued by WM Covered Bond Program to 'AA-' from 'BBB+'. Fitch has also placed WMCBP on Rating Watch Positive. ... more info |
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| NEW YORK----Fitch assigns an 'AA-' rating to approximately $375 million State of Ohio Major New State Infrastructure Project Revenue Bonds, series 2008-1. The Rating Outlook is Stable. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to the State of California's approximately $143 million Federal Highway Grant Anticipation Bonds , series 2008A. The bonds are expected to sell by negotiation on Oct 8, 2008. ... more info |
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| SAN FRANCISCO----Fitch assigns an 'AA-' rating to $7.6 million West Valley City sales tax revenue bonds, series 2008A. The bonds are expected to sell via negotiation on Oct. 14, 2008. ... more info |
| AUSTIN, Texas----Fitch Ratings has assigned an 'AA' rating to Coppell Independent School District, TX's $14.7 million maintenance tax notes , series 2008. Additionally, Fitch has affirmed the 'AA' rating on the district's $133.1 million in outstanding unlimited tax bonds. ... more info |
| PHILADELPHIA----PECO Energy Company announced today it has agreed to sell $300 million of First Mortgage Bonds maturing on October 15, 2013, with a coupon of 5.60 percent. ... more info |
| Prices for government bonds rose Tuesday as details of the government's proposed $700 billion bailout of the financial services industry remained sketchy.
... more info |
| AUSTIN, Texas----Fitch Ratings has assigned an 'AA' rating to Coppell Independent School District, TX's $14.7 million maintenance tax notes , series 2008. Additionally, Fitch has affirmed the 'AA' rating on the district's $133.1 million in outstanding unlimited tax bonds. ... more info |
| PHILADELPHIA----PECO Energy Company announced today it has agreed to sell $300 million of First Mortgage Bonds maturing on October 15, 2013, with a coupon of 5.60 percent. ... more info |
| Exchange-traded funds that track bonds have been running into trouble trading at prices that match their underlying values, raising questions about one of their key promises to investors.
... more info |
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| SAN FRANCISCO----As a part of its routine surveillance process, Fitch upgrades Murray City School District, Utah's outstanding $25.2 million general obligation bonds underlying rating to 'AA+' from 'AA'. ... more info |
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| SAN FRANCISCO----Fitch assigns an underlying 'A+' rating to approximately $293 million City and County of Denver, Colorado, , for and on behalf of its Department of Aviation series 2008C1-C3 airport system revenue bonds. ... more info |
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| NEW YORK----Effective October 9, 2008, Fitch Ratings will upgrade the long-term rating to 'AA+' and confirm the short-term 'F1+' rating assigned to the Metropolitan Transportation Authority New York's transportation revenue variable-rate refunding bonds, series 2002G-1. ... more info |
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| AUSTIN, Texas----In the course of routine surveillance, Fitch Ratings affirms its rating of 'A+' on Lucas County , Ohio's approximately $16.6 million taxable economic development bonds, series 2001A. ... more info |
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| NEW YORK----Fitch Ratings has assigned a 'BB' rating to approximately $342.1 million Michigan State Hospital Finance Authority hospital revenue and refunding bonds series 2008 . In addition, Fitch upgrades to the rating on Detroit Medical Center's approximately $524.5 million of outstanding bonds to 'BB' from 'B+'. ... more info |
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| SAN FRANCISCO----Fitch assigns an 'AA' rating to San Diego Regional Building Authority , California's $217.5 million lease revenue bonds series 2008A and assigns and underlying 'AA' rating to $75 million in authority lease revenue bonds series 2008B-1 and B-2 The variable rate bonds also will be secured by an irrevocable direct-pay letter of credit provided by Wells Fargo Bank. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA+/F1+' to the $92,600,000 City and County of Denver, Colorado for and on behalf of its Department of Aviation, Airport System revenue bonds series 2008C-1. ... more info |
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| NEW YORK----Fitch assigns an 'AA' rating to the authority's $175 million series 2008 B bonds and affirms the 'AA' long-term underlying rating on the Metropolitan Washington Airports Authority's approximately $4.2 billion of outstanding airport system revenue bonds. ... more info |
| Using savings bonds to fund a child's college education may be a shrewd tax move, says Dr. Don Taylor. ... more info |
| AUSTIN, Texas----Fitch Ratings assigns an 'A+' rating to Victoria, Texas' $6.525 million utility system revenue bonds, series 2008. The bonds are scheduled to price in early October via a negotiated offering. ... more info |
| Hawaii Gov. Linda Lingle delayed sale of more than $600 million worth of state bonds, citing uncertainty in the financial markets. ... more info |
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| BOSTON----AIR Worldwide Corporation today announced that it has provided risk modeling and analytical services for 2 billion dollars in insurance-linked securities to date this year, or nearly 70% of 2008 new issuances. ... more info |
| Prices for government bonds rose Tuesday as details of the government's proposed $700 billion bailout of the financial services industry remained sketchy.
... more info |
| Prices for government bonds rose Tuesday as details of the government's proposed $700 billion bailout of the financial services industry remained sketchy. ... more info |
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| NEW YORK----Effective on Oct. 2, 2008, Fitch Ratings will confirm the 'AA/F1+' rating currently assigned to the City of Chicago, Illinois' $206,700,000 general obligation variable-rate demand bonds , series 2002B . ... more info |
| LONDON----RIMES Technologies has added The Yield Book analytics to its data portfolio. The Yield Book models calculate yield, risk, and return measures consistently for a broad spectrum of bonds, enabling users to perform analysis on portfolios comprising a wide range of fixed income security types, such as government, agency, corporate, international and emerging market bonds, mortgages and fixed income derivatives. ... more info |
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| SAN FRANCISCO----Stone & Youngberg, a leading financial services firm and the nation's top underwriter of California municipal bonds over the past five years1, today announced that Kevin R. ... more info |
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| SAN FRANCISCO----Fitch has assigned an 'AA+' rating to San Antonio, Texas' $319.44 million of electric and gas systems revenue bonds, new series 2008A, issued on behalf of CPS Energy. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'A-' to the Long Island Power Authority's planned issuance of $549.9 million series 2008 A and B fixed rate electric system general revenue and refunding bonds. ... more info |
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| NEW YORK----Reval, a global leader in financial risk management technology solutions and services, announced today that the Department of Finance Canada is utilizing Reval Center, Reval's independent derivative valuations to provide option fair values for their Canada Savings Bond and Canada Premium Bond retail bonds. ... more info |
| RICHMOND, Va.----CarMax, Inc. today reported results for the second quarter ended August 31, 2008. -- Total sales decreased 13% to $1.84 billion from $2.12 billion in the second quarter of last year. -- Comparable store used unit sales declined 17% for the quarter. -- Total used unit sales decreased 7% in the second quarter. -- Net earnings declined to $14.0 million, or $0.06 per diluted share, compared with $65.0 million, or $0.29 per diluted share, earned in the second quarter of fiscal 2008. -- Earnings for the second quarter of fiscal 2009 were reduced by $0.08 per share for CarMax Auto Finance unfavorable items, including increases in cumulative net loss assumptions, a reduction in the fair value of retained subordinated bonds and an increase in the discount rate. ... more info |
| Two more Chinese banks have reported holding Lehman Brothers bonds, raising total Lehman debt disclosed by Chinese lenders to $634.8 million. ... more info |
| Wyoming's chief investment officer said Friday that the state's funds are well diversified and invested mainly in conservative financial instruments such as bonds, a posture which should protect the state's money on tumultuous Wall Street. ... more info |
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| The Summit County Port Authority voted to issue 12.5Mil in tax-exempt bonds to help citizens in the region who are facing foreclosure on their homes. ... more info |
| In a stunning double flip-flop, the Florida Supreme Court ruled that it made a mistake a year ago by requiring voter approval for billions of dollars worth of roads, buildings and other local redevelopment projects. ... more info |
| Bank of Communications Ltd., China's fifth-largest commercial lender, has announced it owns $70 million in Lehman Brothers bonds, bringing total Lehman debt held by Chinese banks to nearly $370 million. ... more info |
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| The Summit County Port Authority voted to issue 12.5Mil in tax-exempt bonds to help citizens in the region who are facing foreclosure on their homes. ... more info |
|
| TAMPA, Fla.----Fitch Ratings affirms its underlying 'AA-' rating on approximately $730 million of BayCare Health System's outstanding bonds. BayCare is planning to convert approximately $190 million of its series 2006A and 2003A auction rate bonds to uninsured, fixed-rate bonds. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA+' rating to $80 million in State of Texas general obligation bonds, consisting of: ... more info |
|
| NEW YORK----Fitch Ratings assigns an 'AAA' rating to Wake County, North Carolina's approximately $424 million general obligation bonds, including GO public improvement bonds, series 2008A, and GO refunding bonds, series 2008B. ... more info |
|
| NEW YORK----Fitch Ratings has assigned 'AA/F1+' ratings to the $40,375,000 Economic Development Authority of the City of Norfolk, revenue refunding bonds , series 2008D-1. The ratings are based on the direct-pay letter of credit supporting the bonds and the application of Fitch's joint probability methodology. ... more info |
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| NEW YORK----Fitch Ratings has assigned 'AA/F1+' ratings to the $30,385,000 South Carolina Jobs - Economic Development Authority, economic development revenue refunding bonds, , series 2008D. ... more info |
|
| NEW YORK----Fitch Ratings has assigned 'AA/F1+' ratings to the $31,480,000 Economic Development Authority of Hanover County, revenue refunding bonds, , series 2008D-1. The ratings are based on the direct-pay letter of credit supporting the bonds and the application of Fitch's joint probability methodology. ... more info |
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| NEW YORK----Fitch Ratings has assigned 'AA+/F1+' ratings to the $93,325,000 Economic Development Authority of Hanover County, revenue refunding bonds, , series 2008D-2. The ratings are based on the direct-pay letter of credit supporting the bonds and the application of Fitch's joint probability methodology. ... more info |
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| NEW YORK----Fitch Ratings has assigned 'AA+/F1+' ratings to the $44,295,000 Economic Development Authority of the City of Norfolk, revenue refunding bonds , series 2008D-2. The ratings are based on the direct-pay letter of credit supporting the bonds and the application of Fitch's joint probability methodology. ... more info |
|
| NEW YORK----Fitch Ratings has assigned 'AA/F1+' ratings to the $53,920,000 Economic Development Authority of Henrico County, Virginia, revenue refunding bonds, , series 2008D. The ratings are based on the direct-pay letter of credit supporting the bonds and the application of Fitch's joint probability methodology. ... more info |
| Three Chinese banks hold a total of $297.4 million in Lehman Brothers bonds, two of the banks and a state news agency said Wednesday, but analysts said China's total exposure to the failed U.S. investment house should be limited. ... more info |
|
| NEW YORK----Fitch Ratings has affirmed the underlying 'A' rating on Covenant Health's approximately $210,000,000 million series 2006A and 2006B refunding and improvement bonds. Fitch also affirms the rating on the system's series 2002 bond issue. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to Maine Municipal Bond Bank's $50 million transportation infrastructure revenue bonds series 2008A. The bonds, the first to be issued under this program, are expected to sell through negotiation Sept. 23, 2008 and are due Sept. 1, 2009-2023. ... more info |
| Two Chinese banks hold a total of $221.8 million in Lehman Brothers bonds, one of the banks and a state news agency said Wednesday, but analysts said China's total exposure to the failed U.S. investment house should be limited. ... more info |
|
| NEW YORK----Fitch Ratings has assigned the following ratings to the debt issues for Ohio State University listed below: ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AAA' rating to Union County, New Jersey's $61 million general obligation refunding bonds of 2008. The bonds are scheduled to price via negotiated sale on Sept. 25, 2008. ... more info |
|
| AUSTIN, Texas----Fitch Ratings has assigned an 'A+' rating to the following debt issues for Cameron County, TX : ... more info |
|
| NEW YORK----Fitch Ratings has assigned an underlying 'A' rating to approximately $293.8 million in bonds to be issued on behalf of Bon Secours Health System, Inc. as follows: ... more info |
|
| NEW YORK----Fitch has assigned an 'A+' rating to the approximately $183.7 million of Hospital Facility Authority of the City of Salem, Oregon revenue bonds Series 2008A-C. In addition, Fitch has affirmed the 'A+' rating on approximately $123.0 million series 2006A outstanding revenue bonds. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'A+' rating to the Unified Government of Wyandotte County/Kansas City, KS Board of Public Utilities' $74.4 million Utility System Improvement and Refunding Revenue Bonds, Series 2008A. ... more info |
| Stock prices fell, derivatives markets froze and investors flocked to government bonds as traders and investors struggled with the end of two Wall Street giants. The Dow suffered its biggest percentage drop in more than six years. ... more info |
|
| NEW YORK----Fitch Ratings withdraws the 'F1+' short-term rating assigned to the $208,025,000 city and county of Denver, Colorado, for and on behalf of its Department of Aviation, airport system revenue bonds, series 2007F1-F4: consisting of: ... more info |
|
| CARACAS, Venezuela----Petroleos de Venezuela, S.A. announced the successful completion of its previously announced tender offer for any and all of the outstanding 7.63% Series A Bonds due 2009 , 8.22% Series B Bonds due 2017 and 8.37% Series C Bonds due 2022 , issued by Petrozuata Finance Inc., and the related consent solicitation in connection with the Petrozuata extra heavy crude oil project in the Orinoco Belt region. ... more info |
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| CHICAGO----Fitch Ratings has downgraded the rating on Northampton Generating Company, L.P.'s $153 million senior tax-exempt series 1994 A resource recovery revenue bonds due 2009 to 2019 to 'CC' from 'B'. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'A/F1' to the $3,625,000 Joint Development Authority of Winder-Barrow County tax-exempt variable rate bonds , series 2008. The rating is based on the support provided by an irrevocable, direct-pay letter of credit issued by Columbus Bank and Trust Company, securing the bonds. ... more info |
|
| AUSTIN, Texas----Fitch Ratings assigns its 'A' rating to the Arlington, Texas' approximate $175.0 million Dallas Cowboys Complex tax-exempt special tax bonds, series 2008. In addition, Fitch affirms the 'A' rating on the city's $113.6 million tax-exempt special tax bonds, series 2005A and $20.1 million taxable special tax and revenue bonds, series 2005C outstanding . ... more info |
|
| NEW YORK----Fitch assigns a rating of 'AA/F1+' to the Vermont Housing Finance Agency's $12 million multiple purpose variable-rate bonds 2008 series C-2. The bonds, together with the $38 million 2008 series C-1 bonds , comprise the fourth issuance under a flexible general trust indenture dated July 1, 2007. ... more info |
|
| NEW YORK----Fitch Ratings revises its rating on the Fort Jackson Housing LLC's military housing taxable revenue bonds 2008 series A to 'AA-' from 'A'. The 'A' rating was assigned on July 11, 2008 based on the original structure submitted to Fitch; however, the bonds were not sold. ... more info |
| NEW YORK----Fitch Ratings downgrades Main Street Natural Gas, Inc. gas project revenue bonds, series 2008A to 'CCC' from 'A+' and it remains on Rating Watch Negative, following the filing for bankruptcy this morning of Lehman Brothers Holdings Inc. ... more info |
| AUSTIN, Texas----Fitch Ratings assigns its 'AAA' rating to Socorro Independent School District , Texas' $15.135 million unlimited tax refunding bonds, series 2008, based on its guaranty from the Texas Permanent School Fund whose financial strength is rated 'AAA' by Fitch. ... more info |
| NEW YORK----Fitch Ratings assigns an 'AA' rating to Boston Water and Sewer Commission's approximately $115.1 million general revenue and refunding bonds , 2008 series A. The bonds are scheduled for competitive sale on Sept. 18, 2008. ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch affirms its 'A' rating on Belmont Redevelopment Agency's approximately $11.5 million senior tax allocation refunding bonds, series 1999A and its 'A-' rating on the agency's approximately $7.6 million in subordinated tax allocation bonds, series 1999B. ... more info |
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| NEW YORK----Fitch Ratings has assigned a rating of 'AA-' to Basin Electric Power Cooperative's $250 million first mortgage bonds series 2008A. Fitch also affirms the 'AA-' rating on Basin's $1.4 billion outstanding debt and affirms the 'F1+' rating on Basin's commercial paper notes. ... more info |
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| NEW YORK----During the course of routine surveillance, Fitch Ratings has downgraded New Albany-Floyd County School Building Corporation, Indiana's approximately $37.4 million in first mortgage bonds , series 1998, to 'A-' from 'A+'. ... more info |
| NEW YORK----Fitch assigns a rating of 'AA' to the Maryland Community Development Administration's $11.4 million housing revenue bonds, series 2008 C bonds. Additionally, Fitch affirms the 'AA' rating on the outstanding $173.3 million series 2008 A and B, series 2007 A, B and C, 2006 A, B, C and D, series 2005 A, B and C, and series 2004 B, C and D housing revenue bonds. ... more info |
| Treasurys traders await the outcome of talks over the fate of Lehman Brothers, but U.S. government bonds will still have fans in the months ahead.
... more info |
China agreed to buy $300 million of Costa Rican bonds as an incentive for Costa Rica to shift its diplomatic recognition from Taiwan to the People's Republic of China last year.
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| NEW YORK----Fitch assigns a 'BBB+' rating to North Carolina Eastern Municipal Power Agency's $53.895 million power system revenue bonds, series 2008C . The 2008C bond proceeds will be used to terminate an interest rate swap that is no longer needed and to bolster the debt service reserve fund which is currently funded via a surety bond provided by MBIA. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA' rating to Norfolk, Virginia's $17.5 million general obligation capital improvement refunding bonds, series 2008D. The bonds are scheduled for bids on Sept. 24 and will affect a current refunding of a portion of the city's GO capital improvement and refunding bonds, series 1998. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA-/F1+' to the $9,230,000 California Statewide Communities Development Authority, Variable Rate Demand Revenue Bonds , series 2008. The rating is based on the support provided by an irrevocable, direct-pay letter of credit issued by U.S. ... 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 it will host a conference call on Wednesday, September 17, 2008 to provide investors with August and year-to-date results across all key business metrics. ... more info |
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| CARACAS, Venezuela----Petroleos de Venezuela, S.A. today announced the pricing of its previously announced cash tender offer and consent solicitation for any and all of the outstanding 7.63% Series A Bonds due 2009 , 8.22% Series B Bonds due 2017 and 8.37% Series C Bonds due 2022 issued by Petrozuata Finance Inc. in connection with the Petrozuata extra-heavy crude oil project in the Orinoco Belt region. ... more info |
| Underwriters sold $228 million of Clear Channel bonds, well below the level the banks had hoped to offload. ... more info |
| Government bonds ended narrowly mixed Thursday, giving up moderate gains after a big comeback in the stock market. The Dow Jones industrial average finished up more than 164 points, after falling by 170 earlier in the session. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' underlying rating to approximately $90 million of Wisconsin Health and Educational Facilities Authority revenue bonds, series 2008, issued on behalf of ThedaCare, Inc. . ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA-/F1+' to the $123,270,000 Oklahoma Capital Improvement Authority state facilities revenue bonds multi-modal variable rate demand, series 2006D, consisting of: ... more info |
| NEW YORK----Fitch Ratings assigns an 'A+' rating to the Village of Romeoville, Illinois' approximately $4.9 general obligation refunding bonds, series 2008C. The bonds are scheduled for competitive sale on Sept. 17, 2008. ... more info |
| SAN FRANCISCO----Fitch Ratings has assigned an 'A+' underlying rating to the Colorado Health Facilities Authority's approximately $55.5 million hospital revenue bonds series 2008A&B. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA+/F1+'rating to the following series of Arizona Health Facilities Authority revenue bonds $124,195,000 weekly rate securities: ... more info |
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| NEW YORK----Fitch Ratings confirms the 'AA-/F1+' rating assigned to the Intermountain Power Agency variable rate power supply revenue and refunding bonds, 1985 series E maturing July 1, 2014, and variable rate power supply revenue and refunding bonds, 1985 series F maturing July 1, 2015. ... more info |
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| NEW YORK----Fitch has assigned an 'A+' rating to Indiana Municipal Power Agency's $30 million power supply system revenue bonds, series 2008A. Fitch also affirmed the 'A+' rating on IMPA's $1 billion of outstanding parity power supply system revenue bonds. ... more info |
| The bankruptcy of the federal highway trust fund halted road work around the country and sparked fears that state governments would be on the hook for billions of dollars in bonds they had planned to pay off with money from Washington. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'A/F1' to the $4,785,000 GreenSouth Holdings, LLC variable rate taxable bonds, series 2008. The rating is based on the support provided by an irrevocable, direct-pay letter of credit issued by Columbus Bank and Trust Company, securing the bonds. ... more info |
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| TAMPA, Fla.----Fitch Ratings has assigned an 'AA' rating to FirstHealth of the Carolinas' series 2008 A-D bonds expected to be issued in the amount of approximately $197 million through the North Carolina Medical Care Commission. ... more info |
| Government bonds slipped Wednesday, as a gain in the stock market led investors to give back a portion of Tuesday's runup in Treasurys. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-' rating to Pasco County, Florida's approximately $182.5 million water and sewer system revenue bonds, series 2008. The bonds are scheduled to price Sept. 17, 2008 through negotiated sale.
... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA' rating to Sarasota County, Florida's approximately $13.8 million infrastructure sales surtax revenue bonds series 2008B. The bonds are scheduled to sell via negotiation the week of Sept. 8, with proceeds to be used to fund general government capital improvement needs. ... more info |
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| AUSTIN, Texas----Fitch Ratings upgrades its ratings on Corpus Christi Business & Job Development Corporation , TX's sales tax bonds as described below: ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'A-' rating to approximately $90 million of Pennsylvania Economic Development Financing Authority health system revenue bonds, series 2008A, issued on behalf of Albert Einstein Healthcare Network . ... more info |
| Northern States Power Co., a Wisconsin subsidiary of Xcel Energy, said Wednesday it has sold $200 million of mortgage bonds with the proceeds to be used partly to pay senior notes and repay short-term debt. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'A+/F1+' to the $70,000,000 Halifax Hospital Medical Center , Hospital revenue refunding and improvement bonds, series 2008 . The rating is based on the support provided by an irrevocable, direct-pay letter of credit issued by Wachovia Bank, National Association , securing the bonds. ... more info |
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| MINNEAPOLIS----Xcel Energy subsidiary Northern States Power Company, a Wisconsin corporation today announced it has sold $200 million of its 30-year first mortgage bonds with an annual interest rate of 6.375 percent. ... more info |
| CHICAGO----Fitch Ratings has affirmed the 'A-' rating on Group Health Cooperative's approximately $205.9 million of outstanding series 1991, series 2001 and series 2006 revenue bonds issued through the Washington Health Care Facilities Authority. ... more info |
| Government bonds slipped Wednesday, as a gain in the stock market led investors to give back a portion of Tuesday's runup in Treasurys. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-' rating to Pasco County, Florida's approximately $182.5 million water and sewer system revenue bonds, series 2008. The bonds are scheduled to price Sept. 17, 2008 through negotiated sale. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA' rating to Sarasota County, Florida's approximately $13.8 million infrastructure sales surtax revenue bonds series 2008B. The bonds are scheduled to sell via negotiation the week of Sept. 8, with proceeds to be used to fund general government capital improvement needs. ... more info |
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| AUSTIN, Texas----Fitch Ratings upgrades its ratings on Corpus Christi Business & Job Development Corporation , TX's sales tax bonds as described below: ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'A-' rating to approximately $90 million of Pennsylvania Economic Development Financing Authority health system revenue bonds, series 2008A, issued on behalf of Albert Einstein Healthcare Network . ... more info |
| Northern States Power Co., a Wisconsin subsidiary of Xcel Energy, said Wednesday it has sold $200 million of mortgage bonds with the proceeds to be used partly to pay senior notes and repay short-term debt. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'A+/F1+' to the $70,000,000 Halifax Hospital Medical Center , Hospital revenue refunding and improvement bonds, series 2008 . The rating is based on the support provided by an irrevocable, direct-pay letter of credit issued by Wachovia Bank, National Association , securing the bonds. ... more info |
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| MINNEAPOLIS----Xcel Energy subsidiary Northern States Power Company, a Wisconsin corporation today announced it has sold $200 million of its 30-year first mortgage bonds with an annual interest rate of 6.375 percent. ... more info |
| CHICAGO----Fitch Ratings has affirmed the 'A-' rating on Group Health Cooperative's approximately $205.9 million of outstanding series 1991, series 2001 and series 2006 revenue bonds issued through the Washington Health Care Facilities Authority. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'A' rating to approximately $32.9 million City of Albuquerque, New Mexico , subordinate lien airport refunding revenue bonds, series 2008D-E consisting of $7.2 million airport refunding revenue bonds, taxable series 2008D and $25.7 million airport refunding revenue bonds, tax exempt series 2008E . ... more info |
| AUSTIN, Texas----Fitch assigns an 'A+' rating to the Pendergast Elementary School District No. 92 of Maricopa County, Arizona's $11 million school improvement bonds, Project of 2006, Series C . ... more info |
| NEW YORK----Fitch Ratings assigns an 'AA+' rating to the town of Guilford, Connecticut's $16,500,000 general obligation bonds, issue of 2008. Scheduled to sell competitively on Sept. 16, the bonds are secured by the city's full faith and credit pledge. ... more info |
| NEW YORK----Fitch Ratings assigns a rating of 'AA/F1+' to the $28,800,000 Pasadena Public Finance Authority, California Taxable Variable Rate Demand Lease Revenue Refunding Bonds Series 2008. ... more info |
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| AUSTIN, Texas----Fitch has assigned an 'AA-' rating to the following City of Chicago, Illinois bonds: ... more info |
| Treasury bonds rose Tuesday as uncertainty mounted about the financial services sector and the future of Lehman Brothers Holdings Inc. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'A' rating to the city of Worcester, Massachusetts' $43 million general obligation bonds, consisting of $41.3 million GO municipal purpose loan of 2008 bonds, series A, and $1.7 million GO refunding bonds, series B. ... more info |
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| NEW YORK----Fitch Ratings has assigned its 'AA-' underlying rating to the $281.1 million series 2008A-E revenue bonds to be issued on behalf of Cottage Health System through the California Statewide Communities Development Authority. ... more info |
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| NEW YORK----Fitch Ratings affirms its 'A+' rating on $162.4 million in outstanding Massachusetts Turnpike Authority Western Turnpike Revenue Bonds 1997 Series A. The Rating Outlook is Stable. ... more info |
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| NEW YORK----Fitch assigns an 'AA-/F1' to the $10,000,000 California Enterprise Development Authority variable rate demand industrial development revenue bonds , series 2008. 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 'AA-/F1' to the $5,790,000 JBR, Inc. taxable variable/fixed rate demand bonds, series 2008. The rating is based on the support provided by an irrevocable, direct-pay letter of credit issued by U.S. ... more info |
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| NEW YORK----Fitch places on Rating Watch Negative the long-term rating on $1.2 billion in outstanding Massachusetts Turnpike Authority Metropolitan Highway System revenue bonds 1997 series A and $89.1 million in outstanding MHS revenue bonds 1997 series C . ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA-/F1+' to the $170,960,000 Indiana Finance Authority hospital revenue refunding bonds series 2008A-D consisting of: ... more info |
| CHICAGO & NEW YORK----Fitch has assigned a 'BBB+' rating to Consumers Energy Co.'s $350 million issuance of 6.125% first mortgage bonds , due March 15, 2019. Proceeds from the sale will be used for general corporate purposes. ... more info |
| MarketAxess Holdings Inc., operator of an electronic trading platform for corporate bonds, said Tuesday that its trading volume dropped 39 percent in August. ... more info |
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| 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 two new dealer initiatives in response to institutional investor demand. ... 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 August 2008 of $14.2 billion, consisting of $8.6 billion in U.S. high-grade volume, $1.9 billion in European high-grade volume, and $3.6 billion in other volume. ... more info |
| SAN FRANCISCO----Fitch Ratings assigns an 'A' rating to approximately $9.9 million Port of Beaumont Navigation District of Jefferson County, Texas, revenue bonds, series 2008. In addition, Fitch affirms approximately $16 million in outstanding port revenue bonds at 'A' and also affirms approximately $21.4 million in outstanding general obligation bonds at 'A+'. ... more info |
| Treasury bonds rose Monday as investors remained uncertain that the U.S. government seizure of Fannie Mae and Freddie Mac will help boost the economy. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA+/F1+' to the $100,000,000 Kentucky Economic Development Finance Authority Adjustable Rate Medical Center Revenue Improvement Bonds consisting of $50,000,000 Series 2008 A and $50,000,000 Series 2008 B. ... more info |
| Standard & Poor's Ratings Services has raised Oklahoma's general obligation bond rate for the first time in almost five decades, state Treasurer Scott Meacham said Monday. ... more info |
| CHICAGO----Fitch affirms its 'AAA' insurer financial strength rating on the Texas Permanent School Fund's school bond guaranty program. The Rating Outlook is Stable. The PSF helps Texas school districts by guaranteeing local school district bonds. ... more info |
| Fannie Mae's and Freddie Mac's stocks took a dive while their debt soared Monday, as investors bet the U.S. government's takeover of the mortgage finance firms would wipe out shareholders but fully guarantee their bonds. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' underlying rating to approximately $26.2 million revenue refunding bonds, series 2008A, $22.1 million variable rate demand revenue bonds, series 2008B, and $20.0 million taxable variable rate demand revenue bonds, series 2008C issued by Illinois Finance Authority on behalf of Southern Illinois Healthcare Enterprises, Inc. . ... more info |
| The secondary market for mortgage bonds guaranteed by Fannie Mae and Freddie Mac went into temporarily paralysis Monday morning as investors flooded Wall Street banks with buy orders.
... more info |
| Shares in Asian banks soared on Monday after the U.S. government took over Fannie Mae and Freddie Mac , reassuring investors worried about exposure to the mortgage giants' bonds and the value of other risky debt assets. ... more info |
| Treasury prices fell Friday as investors cashed in profits from the strong gains the bonds made earlier in the week. Also weighing on Treasurys was an afternoon reversal in the stock market, even after the government reported a huge uptick in the unemployment rate. ... more info |
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| CHICAGO----Fitch assigns an 'A' rating to the Greater Cleveland Regional Transit Authority , Ohio's approximately $28 million of general obligation , limited tax capital improvement refunding bonds, series 2008B. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA+' rating to Florida's approximately $200 million full faith and credit state board of education public education capital outlay bonds, 2008 series A. ... more info |
| NEW YORK----Fitch Ratings assigns an 'AA' rating to the Florida Department of Management Services' approximately $35,460,000 Florida facilities pool revenue bonds, series 2008A. The bonds are expected to be offered competitively on 18 hours notice as early as the week of September 8. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' rating to the City of South Haven, Michigan's $10 million capital improvement bonds, series 2008 , and affirms approximately $13.1 million in GO debt at 'A+'. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA' rating to the State of Mississippi's $133,545,000 general obligation bonds, series 2008A and $96,600,000 Taxable GO bonds, series 2008B expected to be offered competitively on Sept. 9th. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' rating to approximately $394,765,000 Dormitory Authority of the State of New York mental health services facilities improvement revenue bonds, series 2008F. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-' rating to $500 million State of Connecticut second lien special tax obligation refunding bonds, transportation infrastructure purposes, 2008 series 1. ... more info |
| The Nebraska Public Power District plans to issue more than $300 million in bonds next week to finance transmission lines and other projects. ... more info |
| China’s central bank is in a bind, after snapping up roughly $1 trillion worth of Treasury bonds and mortgage-backed debt issued by Fannie Mae and Freddie Mac over the last seven years. ... more info |
China’s central bank is in a bind, after snapping up roughly $1 trillion worth of Treasury bonds and mortgage-backed debt issued by Fannie Mae and Freddie Mac over the last seven years.
... more info |
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| NEW YORK----Effective Sept. 11, 2008, Fitch Ratings will upgrade the long-term rating to 'AA' and confirm the short-term 'F1+' rating assigned to the $200,000,000 Chicago O'Hare International Airport general airport third lien revenue bonds, series 2005C . ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA+' rating to State of Ohio infrastructure improvement general obligation bonds, consisting of: ... more info |
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| NEW YORK----Effective Sept. 11, 2008, Fitch Ratings will upgrade the long-term rating to 'AAA' and confirm the short-term F1+' rating assigned to the $100,000,000 Chicago O'Hare International Airport general airport third lien revenue bonds, series 2005D . ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AAA' rating to the Development Authority of Gwinnett County , Georgia's approximately $14.5 million revenue bonds , series 2008. The bonds are scheduled to price Sept. 10, 2008 through competitive sale. ... more info |
| AUSTIN, Texas----Fitch Ratings assigns an 'AA-' rating to Pasadena, Texas' approximately $21.6 million general obligation bonds, series 2008. Additionally, Fitch affirms the 'AA-' rating on the city's outstanding $118 million GO bonds and $17 million certificates of obligation. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to New York City, NY's $790 million general obligation bonds fiscal 2009 series B, consisting of the following: ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to Jacksonville, Florida's approximately $54.5 million special revenue bonds, series 2008. The bonds are scheduled to price Sept. 16, with the proceeds to be used to fund various general government capital needs. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns its 'BBB+' rating to the $41 million Boise Kuna Irrigation District, ADA and Canyon Counties, Idaho's Arrowrock Hydroelectric project revenue bonds, Series 2008A. ... more info |
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| Environmental Power Corporation , today announced that its subsidiary, Microgy Holdings, LLC, has completed a financing involving the sale of $62.4 million of tax-exempt bonds issued through the California Statewide Communities Development Authority. ... more info |
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| NEW YORK----Assured Guaranty Corp. , the triple-A rated financial guaranty subsidiary of Assured Guaranty Ltd. , announced today that it guaranteed $319 million of fixed rate tax-exempt and $20 million of fixed rate taxable bonds for the Louisville Arena Authority . ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'A+' rating to the town of Griswold, Connecticut's approximately $10 million of general obligation bonds, issue of 2008. The bonds, which are payable from an unlimited ad valorem tax on all taxable property in the town, are scheduled to sell competitively on Sept. 11, 2008. | |
