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| NEW YORK----Fitch Ratings assigns an 'AA-' rating to the New York State Thruway Authority's $206,050,000 second general highway and bridge trust fund bonds, series 2009A, expected to sell through negotiation the week of Feb. 16th. ... more info |
| Swiss Reinsurance will get a $2.63 billion capital injection from Warren Buffett. The convertible bonds could lead to a 20% stake in the company.
... more info |
| Moody's launched a sweeping review of its ratings on bonds backed by commercial-real-estate mortgages, responding to tumbling property values and soaring defaults.
... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' long-term bank bond rating to the Berks County Municipal Authority variable-rate revenue bonds series 2009A-1 and series 2009A-2 . In addition, Fitch confirms the 'AA-' long-term ratings on the above referenced issues as well as on approximately $352 million of long-term debt issued through the Berks County Municipal Authority or Dauphin County General Authority on behalf of the Reading Hospital & Medical Center and the Highlands at Wyomissing . ... more info |
| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms its 'AA-' rating on the outstanding $11,300,000 Tulsa Parking Authority revenue bonds, series 2003, and the outstanding $8,315,000 series 2002 bonds. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AAA' rating to Baltimore County, Maryland's estimated $102 million general obligation bonds, 2009 refunding series. The bonds consist of: ... more info |
| CHICAGO----Fitch Ratings affirms the 'BBB-' rating on Homer City Funding, LLC's $830 million senior secured pass-through bonds due 2019 and 2026 and assigns a Stable Rating Outlook. ... more info |
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| NEW YORK----Fitch rates the following series of revenue financing system bonds issued by the Board of Regents of The Texas A&M University System : ... more info |
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| Commercial Defeasance, LLC recently facilitated a $6.3 million defeasance transaction for The Groves Realty Group, LTD that allowed the company to sell The Groves, a 441 unit manufactured housing property, for $15.5 million. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A' rating to $250,000,000 Oglethorpe Power Corporation first mortgage bonds , series 2009A that mature in 2019. OPC expects to issue in February 2009. ... more info |
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| NEW YORK----Fitch Ratings has downgraded and removed from Rating Watch Negative the American Municipal Power -Ohio, Inc. electricity purchase revenue bonds to 'A' from 'AA-'. The Rating Outlook is Stable. ... more info |
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| NEW YORK----Fitch Ratings has affirmed its underlying 'BBB+' rating on the following Massachusetts Health and Educational Facilities Authority revenue bonds : ... more info |
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| CHICAGO----Fitch Ratings assigns an 'AA-' rating to the expected issuance of up to $130 million of series 2009A&B refunding bonds to be issued on behalf of MedAmerica Health Systems-Miami Valley Hospital listed below. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA' rating to Winston-Salem, North Carolina's $110.89 million water and sewer system revenue bonds, series 2009. The bonds are scheduled to price the week of Feb. 16, with proceeds to fund an upgrade to a wastewater treatment plant, modernization of a water treatment plant, and other capital needs of the water and sewer system. ... more info |
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| NEW YORK----Fitch Ratings assigns an underlying long-term 'AA-' rating to the following New York Local Government Assistance Corporation's subordinate lien variable-rate bonds: ... more info |
| ALEXANDRIA, Va.----The National Community Pharmacists Association , National Association of Chain Drug Stores , and Food Marketing Institute recently sent a letter to Acting Administrator of the Centers for Medicare & Medicaid Services Charlene Frizzera urging a change to the final Durable Medical Equipment, Prosthetics, Orthotics and Supplies rules requiring surety bonds for state-licensed pharmacy suppliers. ... more info |
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| SAN FRANCISCO----In the course of routine surveillance, Fitch Ratings affirms its rating on the following bonds issued by the Community Redevelopment Financing Authority of the Community Redevelopment Agency of the City of Los Angeles, CA: ... more info |
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| NEW YORK----Fitch Ratings has downgraded and withdrawn the short-term ratings of the bonds issued by State Board of Regents of the State of Utah - 1988 General Indenture . The bonds were supported by Depfa Bank plc as a liquidity provider. ... more info |
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| CHICAGO----Fitch Ratings has affirmed Orange Cogen Funding Corp's $110 million senior secured bonds at 'BBB.' The Rating Outlook is Stable. ... more info |
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| NEW YORK----Catastrophe bonds withstood the impact of onerous market forces in 2008, brought on by turmoil in the global capital markets, according to a new briefing on catastrophe bond market activity published by Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist, and GC Securities, a division of MMC Securities Corp*. ... more info |
| Mexico's state oil company says it has sold $2 billion worth of 10-year bonds to raise money as oil prices fall. Petroleos Mexicanos, or Pemex, says the bonds will expire in May 2019 and will pay 8 percent interest rates twice a year. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'A+' rating to City of Fresno Joint Powers Financing Authority , California's approximately $47.7 million lease revenue bonds series 2009A. ... more info |
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| TAMPA, Fla.----Fitch Ratings has assigned an 'AA+' rating to Richland County School District No. 2, South Carolina's approximately $70 million general obligation bonds, series 2009A. ... more info |
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| CHICAGO----Fitch Ratings has assigned an 'A' rating to the expected issuance of $281.2 million Illinois Finance Authority revenue refunding bonds, series 2009 A&B . In addition, Fitch affirms the 'A' rating on approximately $778 million of outstanding bonds issued for OSF Health Care System through the: ... more info |
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| CHICAGO----Fitch Ratings has assigned an unenhanced 'A' rating to the approximate $70 million in 2009A variable-rate demand revenue bonds issued by the Industrial Development Authority of St. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to the City of Austin, Texas' $175,000,000 water and wastewater system revenue refunding bonds, series 2009. Proceeds from the 2009 bonds will refund commercial paper. ... more info |
| Britain's banks and building societies borrowed 185 billion pounds in safe government bonds since April in a scheme to ease the logjam in the battered mortgage market, the Bank of England said Tuesday. ... more info |
| Should you invest in annuities or bonds during retirement? It's a classic question. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA+' rating to the state of Florida's approximately $250 million full faith and credit state board of education public education capital outlay bonds, 2008 series B. ... more info |
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| When you think safety in investing, you think of government bonds. In troubled times, there is no better place to stash your cash than with the folks who run the Mint. That strategy might not hold up so well in 2009, though.
... more info |
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| NEW YORK----Fitch Ratings has affirmed 20 classes of senior bonds and seven classes of subordinate bonds remain on Rating Watch Negative. The bonds were issued by Mississippi Higher Education Assistance Corporation 1999 Trust. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'A+' rating to Indiana Municipal Power Agency's $32.44 million power supply system revenue bonds, series 2009A. Fitch also affirmed the 'A+' rating on IMPA's $1 billion of outstanding parity power supply system revenue bonds. ... more info |
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| NEW YORK----On the effective date of Feb. 15, 2009, Fitch Ratings will upgrade the long-term 'AA-' rating to 'AA' and confirm the short-term 'F1+' rating assigned to the $35,510,000 aggregate principal amount of outstanding Municipal Gas Authority of Georgia gas revenue bonds , taxable series 2003A bonds. ... more info |
The International Monetary Fund, which has become a major source of financing for emerging-market nations, is expected to borrow $100 billion from Japan.
... more info |
| Japanese investors who hope to make money through good deeds will soon have a choice of "vaccine bonds."
... more info |
| The handful of U.S. bond-fund managers who avoided last year’s market bloodbath by hiding out in Treasurys now say they favor owning corporate and mortgage bonds and selling U.S. government debt. ... more info |
| The handful of U.S. bond-fund managers who avoided last year’s market bloodbath by hiding out in Treasurys now say they favor owning corporate and mortgage bonds and selling U.S. government debt. ... more info |
| The handful of U.S. bond-fund managers who avoided last year’s market bloodbath by hiding out in Treasurys now say they favor owning corporate and mortgage bonds and selling U.S. government debt. ... more info |
| Should the Federal Reserve start buying up long-term Treasury bonds? ... more info |
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| NEW YORK----Fitch Ratings affirms the 'BBB' rating on Cheyenne Housing Authority's outstanding $2.7 million housing revenue bonds , series 2004 . The bonds were sold in 2004 to construct the second phase of a senior affordable housing project. ... more info |
| The New York Mets completed financing for Citi Field on Wednesday by selling $82.28 million in tax-free bonds of up to 37 years at what Citigroup said was an average interest rate of 6.45 percent. ... more info |
| The Louisiana Superdome authority has sued Merrill Lynch over a $238 million stadium bond issue that exploded in interest costs after the market for the bonds dried up last year. ... more info |
| Argentine investors have agreed to trade $4.3 billion in bonds for longer-term loans, allowing the government to postpone repayment until 2014 and easing its debt burden as the world economic crisis saps public income. ... more info |
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| NEW YORK----The Depository Trust & Clearing Corporation announced today two measures that will further mitigate risk for the industry and ensure greater certainty for market participants: 1) the plan to implement a real-time trade date guarantee for all Continuous Net Settlement eligible trades, including equity, corporate bond and municipal bond transactions and 2) its equity clearing processing capacity has been increased to an unprecedented 500 million transactions per day. ... more info |
| The Fed inched toward a new program to buy long-term U.S. Treasurys and reiterated its key short-term rate, which hovers near zero, would remain low "for some time."
... more info |
| CHICAGO----Fitch assigns an 'AA+' rating to the following City of Milwaukee, Wisconsin's general obligation issues: ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA-/F1+' to $80,000,000 Berks County Municipal Authority variable-rate revenue bonds, , series 2009A-2. The 'AA-' long-term rating reflects the rating assigned to the Reading Hospital & Medical Center revenue bonds. ... more info |
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| NEW YORK----Fitch Ratings confirms the short-term 'F1+' rating on approximately $260.8 million of outstanding Illinois Finance Authority adjustable-rate revenue bonds issued on behalf of Northwestern University and the 'F1+' rating on the university's $200 million taxable commercial paper program. ... more info |
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| NEW YORK----Fitch Ratings confirms the 'AA' rating on approximately $173.985 million Board of Regents of Texas Tech University System revenue financing system refunding and improvement bonds 12th series 2009. ... more info |
| The Federal Reserve on Wednesday inched closer to buying U.S. government bonds in a new front in its fight against the credit crisis and signaled unease over the risk of deflation with the economy weakening. ... more info |
| NEW YORK----Fitch Ratings downgrades the rating on three gas prepaid revenue bond transactions to 'A+' from 'AA-'. The Rating Outlook is Stable. The rating action follows Fitch's downgrade to 'A+' from 'AA-' for Goldman Sachs Group . ... more info |
| Some $1.4 billion in junk bonds are up for grabs Wendesday as speculative-grade companies continue to capitalize on renewed interest in riskier assets to secure financing that has evaporated elsewhere.
... more info |
| NEW YORK----Fitch Ratings downgrades the rating on three gas prepaid revenue bond transactions to 'A+' from 'AA-'. The Rating Outlook is Stable. The rating action follows Fitch's downgrade to 'A+' from 'AA-' for Goldman Sachs Group . ... more info |
| The Federal Reserve resumed a policy meeting on Wednesday that some investors hoped might end with a signal it was moving closer to buying long-term government bonds now that its traditional interest rate cutting tools have been exhausted. ... more info |
| Zero-coupon bonds can be a great investment as long as you make decisions based on today's markets and rates. ... more info |
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| NEW YORK----Fitch Ratings affirms Utah Housing Corporation's single family mortgage bonds as follows: ... more info |
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| NEW YORK----Fitch Ratings affirms Utah Housing Corporation's single family mortgage bonds as follows: ... more info |
| The S&P downgraded the Golden State's economic recovery bonds due to falling sales-tax collections.
... more info |
| NEW YORK----Fitch Ratings assigns a rating of 'AA' to approximately $60 million Indiana Finance Authority facilities revenue refunding bonds, consisting of: ... more info |
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| NEW YORK----In the normal course of surveillance, Fitch Ratings has affirmed its 'A' rating to the Danville-Center Township Library Leasing Corp., IN.'s $1.3 million in outstanding first mortgage bonds, series 1998. ... more info |
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| NEW YORK----Fitch Ratings has affirmed its 'A' rating on the following New Jersey Health Care Facilities Financing Authority revenue bonds : ... more info |
| NEW YORK----Fitch Ratings assigns an 'AAA' rating to the State of Georgia's $613.9 million general obligation bonds, consisting of: ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms the 'BB' rating on Guam Waterworks Authority's $99.3 million in outstanding water and wastewater system revenue bonds, series 2005. ... more info |
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| NEW YORK----Fitch Ratings has assigned 'AAA' ratings to Hanover County, Virginia's $36.9 million general obligation public improvement and refunding bonds, series 2009. Approximately $21 million of the bonds will fund school and general county capital improvements, while the remainder will refinance certain outstanding GO public improvement bonds. ... more info |
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| NEW YORK----Fitch Ratings has withdrawn the AA- rating with a Stable Rating Outlook on Basin Electric Power Cooperative s $250 million first mortgage bonds series 2008A, because the bonds were not issued. ... more info |
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| CHICAGO----In the course of routine surveillance, Fitch Ratings has affirmed the AA rating on Fort Wayne International Air Trade Center Building Corp. , Indiana s $16.9 million in outstanding first mortgage bonds, series 1998. ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms the BBB+ rating on the Atascadero Community Redevelopment Agency s $12.5 million of series 2004 tax allocation bonds . ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms the AA- rating on Montgomery County, Maryland s approximately $37 million in outstanding parking system revenue bonds. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns its AAA rating to Frenship Independent School District, Texas $8 million unlimited tax refunding bonds, series 2009. The rating is based on a guaranty provided by the Texas Permanent School Fund, whose insurer financial strength is rated AAA by Fitch. ... more info |
| NEW YORK----In the course of routine surveillance, Fitch Ratings upgrades Manistee County, Michigan s $1.9 million in outstanding general obligation building authority refunding bonds, series 2006 to A from A- . ... more info |
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| CHICAGO----In the course of routine surveillance, Fitch Ratings has affirmed the AA rating on Fort Wayne International Air Trade Center Building Corp. , Indiana s $16.9 million in outstanding first mortgage bonds, series 1998. ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms the BBB+ rating on the Atascadero Community Redevelopment Agency s $12.5 million of series 2004 tax allocation bonds . ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms the AA- rating on Montgomery County, Maryland s approximately $37 million in outstanding parking system revenue bonds. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns its AAA rating to Frenship Independent School District, Texas $8 million unlimited tax refunding bonds, series 2009. The rating is based on a guaranty provided by the Texas Permanent School Fund, whose insurer financial strength is rated AAA by Fitch. ... more info |
| NEW YORK----In the course of routine surveillance, Fitch Ratings upgrades Manistee County, Michigan s $1.9 million in outstanding general obligation building authority refunding bonds, series 2006 to A from A- . ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms the A+ rating on $145.6 million of outstanding Vision Iowa special fund bonds and the A+ rating on $32.6 million outstanding school infrastructure bonds. ... more info |
| A Senate committee has advanced a bill that extends the Arkansas highway commission's authority to issue up to $575 million in bonds by two years. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA' rating to the Massachusetts Water Resources Authority's approximately $98 million general revenue bonds, 2009 series A and $270 million general revenue refunding bonds, 2009 series B. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' rating to Jersey City, NJ's $39.928 million qualified general improvement bonds, series 2009 based on the enhancements provided by the Municipal Qualified Bond Act. ... more info |
| Prices of long-dated government bonds in major economies are likely to fall further in the short term as concerns about a sharp increase in the debt supply gain traction.
... more info |
| Prices of long-dated government bonds in major economies are likely to fall further in the short term as concerns about a sharp increase in the debt supply gain traction.
... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'AA-' rating to the $45 million Washoe County School District , Nevada, general obligation limited tax school improvement bonds, series 2009. ... more info |
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| SAN FRANCISCO----Fitch Ratings has downgraded to 'BB' from 'BBB+' the rating on approximately $52.8 million of outstanding bonds issued by the Klamath Falls Intercommunity Hospital Authority Revenue and Refunding Bonds series 2006 and 2002. ... more info |
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| NEW YORK----Fitch Ratings downgrades the rating on approximately $8.7 billion in outstanding State of California economic recovery bonds to 'A+' from 'AA-'. ERBs are backed by a pledge of a one-quarter cent sales tax, constitutionally dedicated to debt service and also carry the state's general obligation full faith and credit pledge. ... more info |
| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms Tamarac, Florida's approximately $23.5 million in capital improvement revenue bonds at 'A+'. Concurrently, Fitch affirms the city's approximately $2 million in outstanding general obligation bonds at 'AA-'. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an 'AA' rating to Tarrant Regional Water District, Texas' $77.3 million water revenue refunding and improvement bonds, series 2009. The bonds are scheduled to price as early as the week of Jan. 26 via negotiation. ... more info |
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| BELLEVUE, Wash.----Puget Sound Energy, the utility subsidiary of Puget Energy , today announced it has successfully completed a $250 million issuance of first mortgage bonds. The bonds were placed with more than 35 institutional investors, have a term of seven years and carry a 6.75 percent coupon. ... more info |
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| SAN FRANCISCO----Fitch Ratings has downgraded to 'BB' from 'BBB+' the rating on approximately $52.8 million of outstanding bonds issued by the Klamath Falls Intercommunity Hospital Authority Revenue and Refunding Bonds series 2006 and 2002. ... more info |
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| NEW YORK----Fitch Ratings downgrades the rating on approximately $8.7 billion in outstanding State of California economic recovery bonds to 'A+' from 'AA-'. ERBs are backed by a pledge of a one-quarter cent sales tax, constitutionally dedicated to debt service and also carry the state's general obligation full faith and credit pledge. ... more info |
| NEW YORK----In the course of routine surveillance, Fitch Ratings affirms Tamarac, Florida's approximately $23.5 million in capital improvement revenue bonds at 'A+'. Concurrently, Fitch affirms the city's approximately $2 million in outstanding general obligation bonds at 'AA-'. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an 'AA' rating to Tarrant Regional Water District, Texas' $77.3 million water revenue refunding and improvement bonds, series 2009. The bonds are scheduled to price as early as the week of Jan. 26 via negotiation. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'AA-' rating to the $45 million Washoe County School District , Nevada, general obligation limited tax school improvement bonds, series 2009. ... more info |
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| BELLEVUE, Wash.----Puget Sound Energy, the utility subsidiary of Puget Energy , today announced it has successfully completed a $250 million issuance of first mortgage bonds. The bonds were placed with more than 35 institutional investors, have a term of seven years and carry a 6.75 percent coupon. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA' rating to Platte River Power Authority's $120 million series HH power revenue bonds. The series HH bonds rank on parity with first lien, $201.1 million outstanding power revenue bonds, which Fitch affirms at 'AA'. ... more info |
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| AUSTIN, Texas----In the course of routine surveillance, Fitch Ratings affirms its 'A-' rating on Village of Melrose Park, Illinois' $18.8 million of outstanding water revenue bonds, series 1998A. ... more info |
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| Smart bond investors should consider strategies to pre-empt deflation in order to avoid investment losses down the road.
... more info |
| AUSTIN, Texas----Fitch Ratings assigns an 'A+' underlying rating to the Parish of East Baton Rouge, Louisiana's $110 million road and street improvement sales tax revenue bonds, series 2009A. ... more info |
| Government bonds finished mixed Thursday after the Treasury Department said it would auction a record $40 billion in two-year notes and $30 billion in five-year notes next week. ... more info |
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| NEW YORK----As part of ongoing surveillance, Fitch Ratings has affirmed Hillsborough County's $106,085,000 junior lien refunding utility revenue bonds, series 2001 and $24,385,000 refunding utility revenue bonds, series 2003 at 'AA'. ... more info |
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| NEW YORK----Fitch Ratings assigns 'A+' ratings to approximately $55.2 million Indiana Finance Authority hospital revenue bonds, series 2009A and $40 million IFA adjustable rate hospital revenue bonds, series 2009B; both series are being issued on behalf of the Deaconess Obligated Group . ... more info |
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| NEW YORK----Fitch Ratings upgrades the rating assigned to the $20,000,000 Dutchess County Industrial Development Agency , New York, variable rate demand civic facility revenue bonds , series 2008 to 'AA-/F1+' from 'A/F1'. ... more info |
| AUSTIN, Texas----As part of ongoing surveillance, Fitch Ratings has affirmed the 'BBB+' rating on approximately $10.02 million in outstanding series 1987, 2002, 2004, and 2005 unlimited tax bonds for Denton County Road Utility District 1, Texas . ... more info |
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| NEW YORK----Fitch Ratings has affirmed 3 senior classes and has downgraded 1 subordinate class from the student loan revenue bonds issued by Brazos Student Finance Corp. , 2003-1 Indenture of Trust. ... more info |
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| NEW YORK----Fitch Ratings has affirmed 5 senior classes and downgraded 1 subordinate class from the student loan revenue bonds issued by Brazos Student Finance Corp. , 1995 Indenture of Trust. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns its 'AA' rating to San Diego Regional Building Authority , California's $141,720,000 lease revenue bonds series 2009A. The bonds will be sold via negotiation on Feb. 11. ... more info |
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| NEW YORK----Fitch Ratings withdraws its 'A+' rating assigned to the City of Winter Park, Florida's approximately $45.2 million of water and sewer revenue refunding bonds, series 2008; the bonds were originally scheduled to sell via negotiated sale the week of Oct. 13, 2008. ... more info |
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| NEW YORK----Fitch Ratings withdraws its 'AA' rating assigned to Boston Water and Sewer Commission's approximately $115.1 million general revenue and refunding bonds , 2008 series A; the bonds were originally scheduled to sell competitively on Sept. 18, 2008. ... more info |
| World stocks rose from this week's 7-week low on Thursday as banking shares recovered after a heavy sell-off, while European government bonds tumbled on concerns the countries may borrow more to boost the economy. ... more info |
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| SAN FRANCISCO----Fitch Ratings has assigned an 'AA+' rating to King County, Washington's $48.6 million limited tax general obligation refunding bonds, 2009. ... more info |
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| NEW YORK----Fitch Ratings assigns an underlying 'AA-' rating to approximately $50,000,000 Maine Turnpike Authority turnpike revenue bonds, series 2009. Fitch also affirms the authority's outstanding $349 million turnpike revenue bonds at 'AA-'. ... more info |
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| NEW YORK----Fitch Ratings confirms the short-term rating of 'F1+' for $24.35 million Jacksonville Health Facilities Authority tax-exempt health facilities revenue bonds, series 2007, issued on behalf of The Nemours Foundation . ... more info |
| AUSTIN, Texas----Fitch Ratings assigns an underlying long-term 'AA' to the City of Los Angeles, California $329.8 million wastewater system revenue bonds, refunding series 2009-A. The bonds are scheduled to be sold the week of Feb. 2 via negotiation. ... more info |
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| AUSTIN, Texas----Fitch Ratings withdraws its 'A+' rating previously assigned to the $11 million general obligation bonds , series C of Pendergast ESD, No. 92, Maricopa County, Arizona. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an initial 'A+' rating to approximately $12.8 million water and sewer system revenue bonds, series 2009. In addition, Fitch assigns an 'A+' rating to the city's approximately $92 million in outstanding parity water and sewer system revenue bonds. ... more info |
| AUSTIN, Texas----Fitch Ratings 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 |
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| NEW YORK----Fitch Ratings has affirmed 17 classes of education loan bonds issued by under the New Mexico Educational Assistance Foundation 1998 Master Trust. 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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| CHICAGO----Fitch Ratings has downgraded the rating on approximately $150 million of outstanding bonds issued by the Health, Educational and Housing Facilities Board of the County of Sumner, Tennessee, hospital revenue, refunding and improvement bonds , series 2007A to 'BB+' from 'BBB+'. ... more info |
| AUSTIN, Texas----During the course of routine surveillance, Fitch Ratings upgrades the rating on the City of Peoria, Arizona's street and highway user revenue bonds to 'AA-' from 'A+'. ... 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, will announce its 2008 fourth quarter results on Wednesday, February 4, 2009. ... more info |
| Hypo Real Estate said the German government has increased the state guarantee for bonds issued by the company by $15.5 billion.
... more info |
| After months of yanking money from battered short-term bond funds, individual investors have reversed course and gradually started switching money back .
... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AAA' rating to the Washington Suburban Sanitary District, Maryland's approximately $165 million consolidated public improvement bonds, series 2009. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-' rating to the following series of bonds issued by the Georgia State Road and Tollway Authority : ... more info |
| World stocks rose on Monday while government bonds fell after Britain launched a multi-billion rescue plan for its troubled banks and the incoming U.S. administration planned more measures to help the economy. ... more info |
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| CHICAGO----Fitch Ratings has assigned an 'A-' rating to approximately $113 million of Illinois Finance Authority revenue bonds series 2009A&B . In addition, Fitch affirms the 'A-' rating on the outstanding Rush University Medical Center Obligated Group revenue bonds. ... more info |
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| CHICAGO----Fitch Ratings assigns a rating of 'AA/F1+' to the $165,800,000 County of Franklin, Ohio, hospital facilities refunding revenue bonds , consisting of $82,900,000 series 2009A and $82,900,000 series 2009B. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'AA+' rating to $153 million in State of Texas general obligation water financial assistance bonds, series 2009, sub-series 2009-A . The bonds are expected on Feb. 3 via negotiation, and mature Aug. 1, 2009-2029. ... more info |
| The New York Yankees and Mets won their fight to get public backing for additional financing for their new ballpark that will save them hundreds of millions of dollars interest payments. ... more info |
| NEW YORK----Fitch Ratings has assigned a rating of 'AA-' to WakeMed's Health System's expected issuance of $224 million of series 2009A&B health care facility revenue bonds issued through the North Carolina Medical Care Commission. ... 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 EE. ... more info |
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| NEW YORK----In the course of routine surveillance, Fitch Ratings downgrades Tallahassee, Florida's approximately $5.2 million in outstanding capital bonds series 2001 and $78.0 million in capital bonds series 2004 to 'AA-' from 'AA'. ... 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, announced that it completed a $200 million water utility financing for the Metropolitan Water District of Southern California . ... more info |
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| NEW YORK----Fitch Ratings assigns an 'A+' rating to the Unified Government of Wyandotte County/Kansas City, KS Board of Public Utilities' $57.5 million utility system improvement revenue bonds, series 2009A. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'A+' rating on the New Jersey Economic Development Authority's $175 million school facilities construction bonds, 2009 series Z. The 2009 series Z bonds, which mature Dec. 15, 2010-2034, are being issued to provide new money to finance school facilities construction projects. ... more info |
| AUSTIN, Texas----Fitch Ratings has assigned an 'AAA' rating to Plano, Texas' $37.7 million general obligation refunding and improvement bonds, series 2009, and $6.2 million tax notes, series 2009. ... more info |
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| NEW YORK & CHICAGO----Fitch Ratings has affirmed three and downgraded two classes from the Federal Family Education Loan Program student loan revenue bonds issued by Mississippi Higher Education Assistance Corporation 2004 Indenture . ... more info |
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| NEW YORK----Fitch Ratings assigns a 'BBB' rating to Tennessee Energy Acquisition Corporation's $121.4 million of subordinate gas project revenue bonds, series 2006B. Fitch also affirms the outstanding 'AA-' rating on the outstanding $1.99 billion 2006A bonds. ... more info |
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| CHICAGO----Fitch Ratings has affirmed five senior classes and downgraded two subordinate classes from the student loan revenue bonds issued by Brazos Student Finance Corp. , 2001 Indenture of Trust. ... more info |
| NEW YORK----Ratings assigns an 'AA-' rating to $420 million State of Connecticut second lien special tax obligation refunding bonds, transportation infrastructure purposes, 2009 series 1. ... more info |
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| NEW YORK----On Dec. 1, 2008 Fitch Ratings withdrew its enhanced 'AA-/F1+' rating on the California Department of Water Resources' variable-rate demand power supply revenue bonds series 2005F-3 and its 'AA/F1+' rating on the series 2005F-5 . ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns an 'AA' rating to the Los Angeles Department of Water and Power's $150 million water system revenue bonds, 2009 series A. The bonds are scheduled to price the week of Jan. 26 via negotiated sale. ... more info |
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| CHICAGO----Fitch Ratings affirms the 'A' rating on the $390.5 million City of Royal Oak Hospital Finance Authority hospital revenue and refunding bonds series 2008V which are being issued this week and will now be called series 2009V bonds. ... more info |
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| NEW YORK----Fitch Ratings affirms the underlying long term rating of 'A+', for the California Department of Water Resources' Electric Fund $9.5 billion parity power supply revenue bonds. ... more info |
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| NEW YORK----Fitch Ratings has affirmed 26 classes from nine series of Issue E student loan asset-backed bonds issued by Massachusetts Educational Financing Authority , 1992 General Resolution Amended and Restated as of Feb. 15, 2007. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AAA' rating to Westchester County, New York's approximately $135,160,000 general obligation serial bonds, consisting of the following: ... more info |
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| CHICAGO----Fitch Ratings has affirmed the underlying 'BBB+' rating on the outstanding $144 million Hospital Authority of Savannah , series 1998A, 1998B, 1998C, and 2003 revenue bonds issued on behalf of St. ... more info |
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| LES-MOULINEAUX, France, Jan. 14 /PRNewswire-FirstCall/ - Sierra Wireless , a leading provider for wireless modems for mobile computing, and Wavecom , a leading provider of embedded wireless technology for M2M communication, announced the commencement of cash tender offers in France and the United States, by Sierra Wireless France SAS, a wholly owned subsidiary of Sierra Wireless, for all outstanding shares (including shares represented by American Depository Shares and OCEANE convertible bonds) of Wavecom. ... more info |
| In a rare bit of good economic news, Minnesota finance officials say they had better luck selling state bonds than they did last year. ... more info |
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| SAN FRANCISCO----Fitch Ratings withdraws its 'AA' rating on San Diego Regional Building Authority , California's lease revenue bonds series 2008A. Due to market conditions, the county has not issued these bonds. ... more info |
China’s foreign reserves grew in the fourth quarter of last year at the slowest pace since the summer of 2004, as the country’s central bank found itself with fewer dollars to buy Treasury bonds and other foreign assets.
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| Credit markets are beginning to thaw after months of a deep freeze. In a promising turn that could bolster the economy, companies are selling bonds at a pace not seen since last spring. ... more info |
| Ecuador will make a $30.9 million interest payment on its Global 2015 bonds despite vowing to stop paying other international debt, the finance minister said Tuesday. ... 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, continued to expand its fixed income business today with the announcement of three new hires. ... more info |
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| AUSTIN, Texas----Fitch Ratings has assigned an 'AA' rating to San Antonio, Texas' $150 million water system revenue and refunding bonds, series 2009, scheduled to price the week of Jan. 19 via negotiated sale. ... more info |
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| NEW YORK----In connection with the termination of the letter of credit issued by DEPFA BANK plc, acting through its New York branch and the conversion of the New York City adjustable-rate General Obligation bonds fiscal 1995 series F-2 to the fixed rate mode, Fitch Ratings withdraws its enhanced short-term rating of 'F1' on the bonds. ... more info |
| A third New York bond rating agency has raised its grade on Pittsburgh's $725 million in municipal bonds. Fitch Ratings now rates city bonds at BBB+, up from BBB. Moody's Investors Services and Standard and Poor's have also given the city a better credit grade in the last 13 months. ... more info |
| The European convertible-bond market is set to shrink for a second year running as the value of bond redemptions is expected to exceed new issuance by about 50%.
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| PSEG Power announced that it has filed a prospectus supplement with the Securities and Exchange Commission for the issuance of up to $500 million of PSEG Power investment-grade, unsecured corporate bonds through Incapital's InterNotes® program. ... more info |
| NEW YORK----Fitch Ratings affirms the 'BBB+' rating on $44 million outstanding City of Burlington, Vermont airport revenue bonds. The Rating Outlook is Stable. The bonds are payable from net revenues generated by the operations of Burlington International Airport and mature in 2029. ... more info |
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| NEW YORK----Fitch Ratings affirms the unenhanced 'A+' rating on approximately $46.6 million of outstanding revenue bonds issued by the University of Maine System . The bonds are a general obligation of UMS. ... more info |
| Europe is probing S&P for antitrust violations over the firm's role in assigning ID codes to stocks and bonds.
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| Europe is probing S&P for antitrust violations over the firm's role in assigning ID codes to stocks and bonds.
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| Europe is probing S&P for antitrust violations over the firm's role in assigning ID codes to stocks and bonds.
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| NEW YORK----Fitch Ratings assigns an 'A-' to the Long Island Power Authority's planned issuance of $250 million series 2009A fixed-rate electric system general revenue bonds. Fitch also affirms outstanding $5.7 billion parity electric system general revenue bonds at 'A-'. ... more info |
| NEW YORK----Fitch Ratings places the 'AA-' underlying rating for the Manatee Port Authority, Florida's approximately $29 million port revenue bonds on Rating Watch Negative. The bonds are secured by a pledge of the net revenues generated from the operations of Port Manatee , which includes state sales tax funds received by Manatee County and pledged to the port through an interlocal agreement, and by Manatee County's covenant to budget and appropriate non-ad valorem tax revenues sufficient to replenish a deficiency in the authority's debt service reserve fund. ... more info |
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| NEW YORK----Fitch Ratings has affirmed 40 classes from the Federal Family Education Loan Program student loan revenue bonds issued by Vermont Student Assistance Corporation , 1995 Indenture of Trust. ... more info |
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| NEW YORK----Fitch Ratings has placed the 'BBB+' rating on the outstanding bonds issued on behalf of Wellmont Health System on Rating Watch Negative. A full list of affected entities follows the end of the press release. ... more info |
| NEW YORK----Fitch Ratings assigns a 'AAA' rating to approximately $100,000,000 of Board of Regents of the University of Texas System permanent university fund bonds, series 2009. The bonds, which will be issued in a traditional fixed rate mode, are expected to price via negotiated sale on or about Jan. 22, 2009. ... more info |
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| NEW YORK----Fitch rates approximately $100,000,000 of the Board of Regents of The University of Texas System's Revenue Financing System bonds, series 2009B 'AAA'. The bonds, which will be issued in a traditional fixed rate mode, are expected to price via negotiated sale on or about Jan. 22, 2009. ... more info |
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| NEW YORK----Fitch Ratings has assigned an 'AA-' rating to JEA's $125.260 million electric system subordinated revenue bonds series 2009A. The bonds are expected to price the week of Jan. 12, 2009 and will finance a portion of JEA's capital plan. ... more info |
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| CHICAGO----Fitch Ratings has assigned a rating of 'BBB+' to Synagro-Baltimore LLC's $25.6 million tax-exempt series 2008 A revenue refunding bonds . The Rating Outlook is Stable. The Maryland Industrial Development Financing Authority issued the bonds on behalf of Synagro. ... more info |
| These three funds offer good long-term value in an attractive total package. ... more info |
| Much investor focus will be on Europe this week with eyes on interest rates, retail earnings and the demand for bonds. Concerns about corporate fraud, meanwhile, are rising as the global economy deteriorates and scandals are revealed in India and on Wall Street. ... more info |
| T. Rowe Price's new investment vehicle will focus on some of the riskiest areas, including junk bonds and emerging-market debt.
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| T. Rowe Price's new investment vehicle will focus on some of the riskiest areas, including junk bonds and emerging-market debt.
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| Much investor focus will be on Europe this week with eyes on interest rates, retail earnings and the demand for bonds. Concerns about corporate fraud, meanwhile, are rising as the global economy deteriorates and scandals are revealed in India and on Wall Street. ... more info |
| Ecuador is contemplating buying back, restructuring or swapping $4 billion in bonds for other instruments when it announces plans for managing its foreign debt next week, Finance Minister Maria Elsa Viteri said Friday. ... more info |
| The value of new debt sold in the last month from two speculative, or junk-rated, companies has jumped as a result of pent-up demand from investors eager to add risk to their portfolios.
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| NEW YORK----Fitch Ratings assigns an 'AAA' rating to approximately $400 million State of Minnesota general obligation bonds, expected to sell competitively on Jan. 13. Fitch also affirms the 'AAA' rating on about $4.3 billion outstanding state GOs. ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'AA-/F1+' to $100,000,000 Berks County Municipal Authority variable-rate revenue bonds , series 2009A-1. The 'AA-' long-term rating reflects the rating assigned to the Reading Hospital & Medical Center revenue bonds. ... more info |
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| TAMPA, Florida----Fitch Ratings has affirmed at 'BBB' the underlying rating on Eden Hospital Health Services Corporation's series 2004 revenue bonds issued through Eden Township Healthcare District. ... more info |
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| NEW YORK----Fitch Ratings has upgraded NorthWestern Corp.'s first mortgage bonds and senior unsecured debt ratings and affirmed both long-term and short-term Issuer Default Ratings . ... more info |
| NEW YORK----Fitch Ratings assigns an 'AA+' rating to the State of Ohio's general obligation refunding bonds, consisting of the following: ... more info |
| A state grand jury is investigating the operations of an Albuquerque-based regional housing authority that defaulted on payments for $5 million in bonds it sold to New Mexico. ... more info |
| NEW YORK----Fitch Ratings has assigned an 'A+' rating to the New York City Transitional Finance Authority's $300 million building aid revenue bonds, fiscal 2009 series S-3. The bonds are scheduled to sell through negotiation the week of Jan. 12, 2009. ... more info |
| AUSTIN, Texas----Fitch Ratings assigns it's 'AA' rating to Corpus Christi Independent School District , Texas' approximately $169 million unlimited tax school building bonds, series 2009. ... more info |
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| NEW YORK----Fitch Ratings has downgraded to 'BBB-' from 'BBB' the underlying rating on approximately $81.9 million of the following outstanding California Health Facilities Financing Authority bonds: ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'A+' to the $600 million of 5.30% of first mortgage bonds issued by Carolina Power & Light Company, d/b/a Progress Energy Carolinas, Inc . ... more info |
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| NEW YORK----Fitch Ratings has affirmed 23 and withdrawn six classes from the Federal Family Education Loan Program student loan revenue bonds issued by Panhandle-Plains Higher Education Authority pursuant to Restated and Amended Indenture, dated as of August 30, 2007. ... more info |
| Debt-ridden states and local governments are poised for a bailout under the incoming Obama administration, presenting a buying opportunity for downtrodden municipal bonds, Pimco founder Bill Gross says.
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| NEW YORK----Fitch Ratings has withdrawn the 'AA+' rating on the following state of Ohio bonds. The bonds did not sell as expected on Nov. 17, 2008. ... 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 December 2008 of $16.2 billion, consisting of $10.3 billion in U.S. high-grade volume, $2.1 billion in eurobond volume, and $3.8 billion in other volume. ... more info |
| Investors who hold bonds from Lehman Brothers and General Motors may face some financial risk. ... more info |
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| Today, Masisa issued bonds for UF3 million (equivalent to US$100 ... 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 $3,990,000 tax increment bonds, series 2009 scheduled for negotiated sale on or about the week of Jan. 12. ... more info |
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| NEW YORK----Fitch Ratings has affirmed Issue G, Series 1998 and Issue G, Series 2000 of student loan asset-backed bonds issued by Massachusetts Educational Financing Authority , 1997 General Resolution. ... more info |
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| NEW YORK----Fitch Ratings has affirmed its underlying ratings on the following bonds for the Louisiana Transportation Authority : ... more info |
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| AUSTIN, Texas----Fitch Ratings has assigned an 'AAA' rating to the $252.0 million general obligation bonds , series 2009 of Chandler, Arizona. Fitch also has assigned an 'AA+' rating to the city's $32.445 million excise tax revenue bonds, series 2009. ... more info |
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| NEW YORK----Fitch Ratings confirms the long-term 'AA' rating on approximately $233 million of series 2008A fixed-rate general receipts bonds to be issued by the Ohio State University . ... more info |
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| NEW YORK----Fitch Ratings has affirmed five classes from the student loan program revenue bonds issued by Rhode Island Student Loan Authority 1993 Master Trust. 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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| NEW YORK----Fitch Ratings has assigned an 'AA' rating to the Ohio Building Authority's $139.715 million state facilities bonds and state facilities refunding bonds, consisting of: ... more info |
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| CHICAGO----Fitch Ratings affirms at 'BBB+' its rating on the aggregate approximate $115.1 million Industrial Development Authority of the County of Cape Girardeau, Missouri hospital revenue bonds, series 2007, 2002A, and 1993 . ... more info |
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| CHICAGO----Fitch Ratings places the 'BBB+' rating on approximately $150 million of outstanding bonds issued by The Health, Educational and Housing Facilities Board of the County of Sumner, Tennessee, hospital revenue, refunding and improvement bonds , series 2007A, on Rating Watch Negative. ... more info |
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| AUSTIN, Texas----Fitch Ratings assigns an 'AA-' implied rating to the City of Long Beach's sewer revenue bonds. The revenue bond lien, of which there are no bonds outstanding at this time and none anticipated until 2013, is structured to be secured by a senior lien on net revenues of the city's sewer enterprise system . ... more info |
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| NEW YORK----Fitch Ratings assigns a rating of 'A+' to approximately $23 million of Texas Public Finance Authority Revenue Financing System revenue bonds, series 2009, issued on behalf of Stephen F. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-' underlying rating to the District of Columbia Water and Sewer Authority's approximately $300 million public utility senior lien revenue bonds, series 2009. ... more info |
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| SAN FRANCISCO----Fitch Ratings assigns its 'AA+' rating to Metropolitan Water District of Southern California's $200 million water revenue bonds, 2008 authorization, series A. The Rating Outlook is Negative. ... more info |
| The binds around credit loosened further Tuesday, as investors flocked to assets such as high-grade corporate bonds and mortgage securities.
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| Treasurys are falling out of favor with investors in the new year. For the third session in a row, prices fell as investors braced for an onslaught of supply coming to market to fund the government's rescue of the U.S. economy. ... more info |
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| NEW YORK----In connection with the termination and cancellation of the municipal bond insurance policy issued by Financial Security Assurance and the conversion of the bonds from the weekly rate mode to the fixed rate mode, Fitch withdraws its enhanced 'AAA/F1+' on the California Department of Water Resources variable rate demand power supply revenue bonds series 2005G-11, and its enhanced 'AAA/F1' rating on the California Department of Water Resources variable rate demand power supply revenue bonds series 2005G-4. ... more info |
| Long-term government debt prices tumbled for the second session in a row Monday as investors shifted into riskier bonds and as President-elect Barack Obama pitched his stimulus package to both houses of Congress. ... more info |
| NEW YORK----Fitch Ratings assigns an underlying 'A' rating to the Metropolitan Transportation Authority's, NY $210.5 million transportation revenue variable-rate refunding bonds series 2002B. ... more info |
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| NEW YORK----Fitch Ratings assigns an 'AA-' rating to the approximately $39,385,000 Board of Regents of the University of North Texas System, revenue financing system bonds, series 2009. ... more info |
| Long-term government debt prices tumbled for the second session in a row Monday as investors shifted into riskier bonds and as President-elect Barack Obama pitched his stimulus package to both houses of Congress. ... more info |
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| NEW YORK----In connection with the downgrade of Citibank, N.A.'s long-term Issuer Default Rating , Fitch Ratings has downgraded the long-term rating assigned to municipal bonds with letters of credit provided by Citibank, N.A. to 'A+'. ... more info |
| Investors could have made money last year simply by holding developed-market government bonds, but almost every other kind of liquid asset lost money.
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| China expects to issue record amounts of domestic debt in 2009 to keep the economy from slowing too much.
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| President Rafael Correa said Saturday that Ecuador may pay back some of its global bonds despite defaulting last month on payment of other bonds it considers illegitimate. ... more info |
| India moved to slow its economic crisis, slashing key rates, easing limits on foreign investment in corporate bonds and rolling back anti-inflationary measures.
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| A New York state assemblyman investigating the financing agreements for the Mets and Yankees new ballparks is asking to postpone a vote on additional public bonds for the projects. ... more info |
| Treasurys are coming off their best year since 1995, returning more than 13.7% to investors in 2008, but analysts say support for bonds could come to a crashing end in 2009. ... more info |
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