Summary: Indianapolis Local Public Improvement Bond Bank, Indiana   Indianapolis; General Obligation Equivalent Security - S&P Global Ratings’ Credit Research

Summary: Indianapolis Local Public Improvement Bond Bank, Indiana Indianapolis; General Obligation Equivalent Security

Summary: Indianapolis Local Public Improvement Bond Bank, Indiana   Indianapolis; General Obligation Equivalent Security - S&P Global Ratings’ Credit Research
Summary: Indianapolis Local Public Improvement Bond Bank, Indiana Indianapolis; General Obligation Equivalent Security
Published Mar 25, 2011
1064 words — Published Mar 25, 2011
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Abstract:

Standard&Poor's Ratings Services has affirmed its 'AAA' long-term rating on Indianapolis Local Public Improvement Bond Bank, Ind.'s series 2005A taxable bond bank bonds, supported by the city of Indianapolis, reflecting the city's: Deep and diverse economy with a large commercial base that serves as the hub for much of the state's economy, Good financial management and very strong reserve levels, and Moderate overall debt burden. The 2005A bonds are payable solely from the trust estate. Under the indenture, the bonds are secured by a pledge to the trustee of the qualified obligations and all principal and interest payments made or required to be made on the qualified obligations. The qualified obligations are the city of Indianapolis' taxable general

  
Brief Excerpt:

RESEARCH Summary: Indianapolis Local Public Improvement Bond Bank, Indiana Indianapolis; General Obligation Equivalent Security Publication date: 25-Mar-2011 Primary Credit Analyst: Steffanie Dyer, Chicago (1) 312-233-7007; steffanie_dyer@standardandpoo...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
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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. "Summary: Indianapolis Local Public Improvement Bond Bank, Indiana Indianapolis; General Obligation Equivalent Security" Mar 25, 2011. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Indianapolis-Local-Public-Improvement-Bond-Bank-Indiana-Indianapolis-General-Obligation-Equivalent-Security-856705>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Indianapolis Local Public Improvement Bond Bank, Indiana Indianapolis; General Obligation Equivalent Security Mar 25, 2011. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Indianapolis-Local-Public-Improvement-Bond-Bank-Indiana-Indianapolis-General-Obligation-Equivalent-Security-856705>
  
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