Municipal Bond Credit Report: The California Public Employees’ Retirement System reported on Friday a preliminary 11.2 percent net return on investments for the fiscal year that ended June 30, up…
Municipal Bond Credit Report: Ratings agency Moody’s Investors Service cut its rating by a notch on Alaska to “Aa3” and maintained its negative outlook on the state… Link to Story
Municipal Bond Credit Report: Williamston Community Schools in Michigan was dropped three notches into junk by Moody’s Investors Service Wednesday over its weak financial position and high levels of debt…
Municipal Bond Credit Report: Just two days after S&P downgraded Hartford to junk, Moody’s has piled on, pushing the Connecticut State capital below investment-grade due to “the increased likelihood that…
Municipal Bond Credit Report: Standard & Poor’s downgraded Hartford debt to junk bond status late Tuesday, less than a week after the financially troubled capital city hired a New York…
Municipal Bond Credit Report: New Mexico appears to have dodged — at least for now — an additional downgrade to its bond rating, though a national credit rating agency warned…
Municipal Bond Credit Report: S&P Global Ratings on Thursday placed its AA-minus general obligation rating on the commonwealth on credit watch with negative implications… Link to Story
Municipal Bond Credit Report: Moody’s Investors Service has placed the B3 general obligation (GO) rating of the Chicago Board of Education, IL (CPS) under review for possible downgrade… Link to…
Municipal Bond Credit Report: Illinois’ historic two-year-old budget logjam broke Thursday with the House’s successful override of Gov. Bruce Rauner’s veto of a $36 billion spending package that includes a…
Municipal Bond Credit Report: Chicago Public Schools on Friday paid off about two-thirds of a massive bill owed to the city’s teacher pension fund with help from more than $380…
Municipal Bond Credit Report: The Puerto Rico power utility PREPA, ladden with a $9 billion debt load, has filed for a form of bankruptcy, Puerto Rico’s primary fiscal agent said…
Municipal Bond Credit Report: Government defaults have increased in frequency and size in recent years, heralding a “new normal” for the municipal market, according to a report from Moody’s Investors…
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