Standard & Poor's Ratings Services said it has raised its rating on the city of Austin, Texas' separate-lien electric utility system revenue bonds outstanding to AA-minus from A-plus.
Austin Separate-Lien Electric Bonds Upgraded to AA-Minus by S&P
NOV 13, 2012 10:41am 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