Municipal Bond Credit Report: New CalPERS repayment schedule brings some ‘difficult budget adjustments’

A plan by California’s largest pension fund to shorten its amortization period is credit positive for the state government and participating local governments, though it could mean untenable budget strain for some, Moody’s Investors Service said… Link to Story

About FIRVA Capital Management

We sell Municipal and Corporate issuer credit risk research. We also manage two partner seeded private funds for information purposes using our research; a liquidity fund and a multi-asset fund.

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  • Corporate Credit Risk Research
  • Advisory and Consulting Services
  • Fixed Income Workstation
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