Fitch Ratings has revised its outlook on Kansas City, Missouri's general obligation, lease, and special obligations ratings to stable from negative in recognition of its advances in pension funding and decision to scale back on an ambitious capital plan.
Kansas City Credit Stabilizes
FEB 19, 2013 4:26pm 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