Standard & Poor's Ratings Services said it raised its rating on Rincon Valley Union Elementary School District, Calif.'s general obligation debt one notch to AA from AA-minus.
Rincon Valley Union ESD, Calif., GOs Raised to AA by S&P
FEB 4, 2013 2:07pm 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