DALLAS – A rating downgrade based on weakened state finances should not hurt demand for $70 million of Oklahoma Capitol Improvement Authority bonds for the century-old capitol building, according to the State Bond Advisor.

"As far as demand is concerned, I would not expect the rating revision to have any material impact on this issue," said State Bond Advisor James Joseph.  "The security behind the authority's offering is strong and well-established."

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.