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Hilton CSD, N.Y., Raised to AA-Minus by S&P
Monday, January 14, 2013
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Standard & Poor's Ratings Services said it raised its school issuer credit rating on Hilton Central School District, N.Y.'s general obligation debt one notch to AA-minus from A-plus.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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