| Title: | Fukuoka City |
| Price: | $300.00 |
| Publication Date: | May 02, 2008 |
| Report Type: | Analysis |
| Brief Excerpt: | ...Fukuoka City's Aaa foreign currency and Aa# local currency issuer ratings reflect the city s improving annual fiscal out comes, reflecting a multi-year fiscal improvement plan, an expectation of debt reduction over the medium term and by the city's growing economic importance as a center of Kyushu. The BCA also reflects Japan's well-developed institutio nal framework, which includes a high level of national government supervision of the financial affairs of regional and local governments. As a reflection of the application of Mood y's Joint-Default Analysis (JDA) rating methodology for regional and local governments, Fukuoka City's ratings are composed of two principal inputs: a base line credit assessment (BCA) of # on a scale of # to ##, in which # represent s the lowest credit risk, and the highest likelihood of support from national instit utions should the city near a default situation. The highest likelihood of su pport reflects Moody's assessment that national institutions... |
| Word Count: | 4721 |
| Length: | 10 Pages |
| Issuer: | Fukuoka City |
| Format: | 
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