Moody's Investors Service said it has assigned an A2 rating to the village of North Riverside, Ill.'s $7.1 million debt certificates, Series 2013, and downgraded to A2 from A1 the rating on previously issued debt certificates and assigned an A1 issuer rating.
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.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY