Standard & Poor's Ratings Services said it has raised its financial strength rating on National Public Finance Guarantee Corp. (National) to A from BBB and removed it from CreditWatch, where it was placed it with positive implications on May 8.

At the same time, S&P raised the counterparty credit rating on MBIA Inc. to BBB from B-minus and removed it from CreditWatch, where we placed it with positive implications on May 8. The outlook on both companies is stable.

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.