Standard & Poor's Rating Services said it placed the A-minus long-term rating on Marion County, Miss.'s existing general obligation bonds on CreditWatch with negative implications.
Marion County, Miss., GOs on S&P Negative CreditWatch
NOV 27, 2012 3:20pm 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.
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