Minnesota's GO Bonds Rated 'AAA'; Outlook Stable - S&P Global Ratings’ Credit Research

Minnesota's GO Bonds Rated 'AAA'; Outlook Stable

Minnesota's GO Bonds Rated 'AAA'; Outlook Stable - S&P Global Ratings’ Credit Research
Minnesota's GO Bonds Rated 'AAA'; Outlook Stable
Published Jun 12, 2000
662 words — Published Jun 12, 2000
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's CreditWire) June 12, 2000-- Standard&Poor's today assigned its triple-'A' rating to Minnesota's $175 million GO bonds dated June 1, 2000, due June 1, 2001-2020. The bonds are scheduled to sell on June 14, 2000. In addition, Standard&Poor's today affirmed its triple-'A' rating on the state's outstanding $2.186 billion GO bnds and $30.8 million taxable GO bonds. The outlook is stable. The state's GO bond rating reflects: -- A deep, steadily growing economy that is diversified among services, trade, and manufacturing; -- Strong financial management systems with significant financial reserves; and -- A moderate debt burden with manageable future capital needs. Minnesota's economic diversity enables the state to perform well during economic

  
Brief Excerpt:

RESEARCH Minnesota's GO Bonds Rated '###'; Outlook Stable Publication date: 12-Jun-2000 NEW YORK (Standard & Poor's CreditWire) June 12, 2000-- Standard & Poor's today assigned its triple-'A' rating to Minnesota's $175 million GO bonds...

  
Report Type:

Ratings Action

Issuer
Minnesota
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

Minnesota; General Obligation, State GO – 2000/10/20 – US$ 500.00

Minnesota; General Obligation, State GO – 2001/01/17 – US$ 500.00

Minnesota; Tax Secured, General Obligation – 2001/09/27 – US$ 500.00

Minnesota; General Obligation, State GO – 2000/06/12 – US$ 500.00

Minnesota; General Obligation, State GO – 2000/01/04 – US$ 500.00

Minnesota; General Obligation, State GO – 1999/07/29 – US$ 500.00

More from S&P Global Ratings’ Credit Research

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Minnesota's GO Bonds Rated 'AAA'; Outlook Stable" Jun 12, 2000. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Minnesota-s-GO-Bonds-Rated-AAA-Outlook-Stable-154518>
  
APA:
S&P Global Ratings’ Credit Research. (). Minnesota's GO Bonds Rated 'AAA'; Outlook Stable Jun 12, 2000. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Minnesota-s-GO-Bonds-Rated-AAA-Outlook-Stable-154518>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.