Summary: Maricopa County Industrial Development Authority, Arizona; Single Family Multiple MBS - S&P Global Ratings’ Credit Research

Summary: Maricopa County Industrial Development Authority, Arizona; Single Family Multiple MBS

Summary: Maricopa County Industrial Development Authority, Arizona; Single Family Multiple MBS - S&P Global Ratings’ Credit Research
Summary: Maricopa County Industrial Development Authority, Arizona; Single Family Multiple MBS
Published Mar 19, 2009
Published Mar 19, 2009
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Abstract:

The 'AAA' rating on Maricopa County Industrial Development Authority, Ariz.'s taxable single-family mortgage revenue bonds series 2000-1C has been affirmed. The bonds are secured by Ginnie Mae mortgage pass-through certificates. The rating continues to reflect our view of: The sufficiency of revenues from mortgage debt service payments and investment earnings to pay full and timely debt service on the bonds until maturity, Investments held in 'AAAm' rated Dreyfus Treasury&Agency Cash Management Fund Investor Shares money market fund, and An asset-to-liability ratio of 133.35% as of Feb. 2, 2009. The rating reflects our view of the strong credit quality of the assets and credit support underlying the issue. The assets consist of Ginnie Mae mortgage pass-through certificates, which carry

  
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Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Maricopa County Industrial Development Authority, Arizona; Single Family Multiple MBS" Mar 19, 2009. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Maricopa-County-Industrial-Development-Authority-Arizona-Single-Family-Multiple-MBS-710281>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Maricopa County Industrial Development Authority, Arizona; Single Family Multiple MBS Mar 19, 2009. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Maricopa-County-Industrial-Development-Authority-Arizona-Single-Family-Multiple-MBS-710281>
  
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