Moody's Investors Service said it has downgraded to A1 from Aa3 the rating on West Clermont Local School District, Ohio's general obligation tax debt and affirms the negative outlook.
Moody's Downgrades West Clermont LSD, Ohio, GOs to A1
JAN 18, 2013 1:13pm 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
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The Roosevelt Hotel, New York, NY