WASHINGTON — Moody's Investors Service is considering changing its rating analysis for local government general obligation bonds to give more weight to debt and pension liabilities, it announced Wednesday.

The rating agency would increase the weight for pensions and debt to 20% from 10%. It would also decrease the weight for economic factors to 30% from 40%. Finally, Moody's wants to introduce a scorecard for local governments to enhance the transparency rating process.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.