CHICAGO — Executives from Fitch Ratings responded to issuer concerns on Tuesday, saying their agency does not require municipal bond issuers to sign indemnity agreements releasing Fitch from liabilities resulting from ratings.

“On the revenue side, we have not had any language in [contracts] requiring or asking the issuers to release us from liability,” Richard Raphael, managing director of U.S. public finance at Fitch, said during a session at the annual meeting of the Government Finance Officers Association.

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