The credit quality for most municipal issuers who were affected by Hurricane Sandy is likely to remain unchanged, despite late debt service payments by four of them, according to a new report by Moody's Investors Service.
Credit Changes Not Likely for Issuers Hurt by Sandy
NOV 14, 2012 2:11pm 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