Moody's Investors Service placed on review the Baa2 rating on the U.S. Virgin Islands gross receipts tax bonds, issued through the Virgin Islands Public Finance Authority.
Virgin Islands on Moody's Review
NOV 9, 2012 11:04am 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
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The Roosevelt Hotel, New York, NY