Standard & Poor's has lowered Centralia, Ill.'s general obligation rating by one notch to A-minus as the city grapples with red ink.
Centralia, Ill. Rating Cut
NOV 13, 2012 12:47pm 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