Delawares premier bond rating
reflects many years of prudent fiscal management and recent efforts to limit operating budget growth, boost reserves during good times, and steer one-time revenues to one-time projects.
The decision to narrow the gap between the ceilings and the government bond rating
is informed by Moody's view of weakening institutional strength.-TradeArabia News Service
Fitch Ratings says there has been a sharp turnaround in covered bond rating
Outlooks in 2015.
Studies also have looked at political aspects of state administration to explain bond ratings
. Jimenez (2011) finds that states with management systems that reduce bureaucratic waste, or adopt management structures that are more efficient and transparent are more likely to experience improved bond ratings
-- 27 October 2011 : Moody's downgrades Egypt's government bond ratings
by one notch to B1 from Ba3.
Before issuing their bond ratings
, City Manager Edward M.
Ba1 from B2 with a negative outlook, and is now at the same level as the Slovenian government bond rating
. This reflects the Republic of Slovenia's unconditional and irrevocable guarantee of the 'due and punctual payment' of all sums due and payable as contractually required under the conditions of this government-guaranteed debt instrument.
Using a sample of 797 corporate bonds issued between 1971 and 1978 and rated by both S&P and Moody's, the authors find that, between 1971 and June 1974, when Moody's charged issuers for bond ratings
and S&P charged investors, Moody's ratings were higher on average than S&P's ratings for the same bond.
These actions follow Moody's downgrade on November 4 of the Cypriot government bond rating
by two notches to Baa3 (on review for possible further downgrade) from Baa1.
17 October 2011 - Fitch on Friday downgraded the rating on the mortgage-backed bonds issued by Portuguese bank Santander Totta to AA- from AA with "negative" outlook and maintained the A+ covered bond rating
of Banco Popular Portugal on "negative" watch.
According to the bill analysis, only charter schools that show "both academic and financial integrity" would be able to use the state's bond rating
Unfortunately, accounting studies that employ bond ratings
(as either independent or dependent variable measures) do not address the issue of split bond ratings
because such studies do not use more than one bond rating
source (e.g., Khurana and Raman, 2003; and, Brandon et al., 2004).