Minnesota Housing Finance Agency; General Obligation; Single Family Multiple MBS - S&P Global Ratings’ Credit Research

Minnesota Housing Finance Agency; General Obligation; Single Family Multiple MBS

Minnesota Housing Finance Agency; General Obligation; Single Family Multiple MBS - S&P Global Ratings’ Credit Research
Minnesota Housing Finance Agency; General Obligation; Single Family Multiple MBS
Published Feb 06, 2023
13 pages (4838 words) — Published Feb 06, 2023
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to the Minnesota Housing Finance Agency's (MHFA, or the agency) $99.99 million 2023 series ABC residential housing finance bonds (RHFBs; social bonds). At the same time, S&P Global Ratings affirmed its 'AA+' long-term rating and 'AA+/A-1+' dual rating on the agency's previously issued RHFBs. The outlook is stable. Bond proceeds, program obligations, investment obligations, revenue, and other assets held under the bond resolution secure the residential housing finance bonds. The bonds are also general obligations (GOs) of MHFA, payable out of any of its generally available money, assets or revenue, subject only to the provisions of other resolutions or indentures pledging or appropriating particular money, assets, or revenue to particular notes or bonds,

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' long-term rating to the Minnesota Housing Finance Agency's (MHFA, or the agency) $99.99 million 2023 series ABC residential housing finance bonds (RHFBs; social bonds). + At the same time, S&P Global Ratings affirmed its '##+' long-term rating and '##+/A-1+' dual rating on the agency's previously issued RHFBs. + The outlook is stable....

  
Report Type:

Full Report

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Public Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Minnesota Housing Finance Agency; General Obligation; Single Family Multiple MBS" Feb 06, 2023. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Minnesota-Housing-Finance-Agency-General-Obligation-Single-Family-Multiple-MBS-2945090>
  
APA:
S&P Global Ratings’ Credit Research. (). Minnesota Housing Finance Agency; General Obligation; Single Family Multiple MBS Feb 06, 2023. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Minnesota-Housing-Finance-Agency-General-Obligation-Single-Family-Multiple-MBS-2945090>
  
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