The Public Purse offers you serious thinking about economic, financial and political trends at the U.S. state and local level with a focus on municipal credit risk
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TAG | non-rated bonds
Oct/09
12
Insured, but non-rated municipal bonds
3 Comments | Posted by Natalie Cohen in bond insurance
In the aftermath of the bond insurance meltdown investors found that many of their holdings did not have an underlying rating. Most are small borrowings and in smaller, lower profile communities across the U.S. landscape. Among them are some gems that are navigating the difficult waters of the great recession. However, there are also some [...]