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Tag Archives: Standard & Poor’s Rating Services

County Receives All-Time Record-Low True Interest Rate on Bond Issuance

prince william county seal

Provided by Prince William County On March 1, 2016, Prince William County sold $26.3 million of Revenue and Refunding Bonds through the Prince William County Industrial Development Authority (IDA) at a record low 2.55 percent true interest cost (TIC). This is the lowest interest rate the County has ever received on a bond sale. The Series 2016 bonds were awarded …

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City of Manassas Bond Rating Upgraded

Contributed by the City of Manassas City of Manassas, VA . . . Standard & Poor’s Ratings Services raised its rating on the City of Manassas’ general obligation (GO) debt from AA to AA+ with a stable outlook. This rating reflects the City’s strong economy, strong wealth and income, and low unemployment. “We live in a wonderful City with a very strong sense of …

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