FORT LAUDERDALE, Fla. The credit rating agencies should adopt systems that allow for the direct comparison of municipal and corporate bonds but still retain the ability to differentiate among different types of munis within the same rating category, members of the Government Finance Officers Association's governmental debt management committee concluded Saturday.

The committee drafted a public policy statement to that effect during Saturday's meeting just before the official start of GFOA's annual meeting. If the draft statement is approved by the executive board, GFOA members will vote on it today.

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