Even without additional fiscal reforms, however, Proposition 30 is still beneficial to the state's credit quality, if to a lesser degree.
California Credit Quality May Improve with Passage of Proposition 30: S&P
NOV 7, 2012 2:08pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY