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Illinois is preparing to hit the bond market even as the budget impasse has dimmed analysts' views of the state's credit worthiness.Just as if your credit…
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A new analysis found that Illinois lost out on millions of dollars when it sold bonds last week.Martin Luby, with the University of Illinois’ Institute of…
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A new analysis found that Illinois lost out on millions of dollars when it sold bonds last week. Martin Luby with the University of Illinois’ Institute of…
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Guide to bond ratingsTo show the relative standing of a bond within each category, Moody’s assigns a number of 1 through 3, with 1 being the highest and 3…
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The three credit-rating agencies operate worldwide, measuring the credit-worthiness of government and corporate bonds. Their methods for rating bonds are…
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At the very least, downgrades lead to negative press; at the worst, taxpayers pay a price.When it comes to Illinois’ bond rating, what’s past is…