Fitch Ratings said it upgrades to BBB from BBB-minus the ratings on the following New Orleans utility bonds issued on behalf of the New Orleans Sewerage and Water Board: $148.5 million sewerage service revenue bonds; and $30.1 million water system revenue bonds.
Fitch Upgrades New Orleans Sewerage Board Bonds to BBB
JAN 18, 2013 11:36am 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