BOSTON - Improved issuer disclosure breeds investor confidence, which in turn boosts Massachusetts' bond ratings, according to state Treasurer Steven Grossman.

"People respect the discipline and consistency of the commonwealth's budgeting process," Grossman said in an interview Thursday during the third annual Massachusetts investor conference, which Grossman considers central to Massachusetts' enhanced disclosure. "Long-term planning is a key ingredient in investor perception and so is the rainy-fund of $1.6 billion, which we are looking to enhance."

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