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Moody’s revises New York’s outlook to positive, affirms rating on bonds

Moody’s Investors Service on Thursday changed the outlook on New York from stable to positive and affirmed the Aa2 rating on the state’s $3.5 billion in general-obligation (G.O.) bonds.   Moody’s has also affirmed the ratings on all outstanding appropriation-backed and G.O.-related bonds as well as various state-intercept programs.   The positive outlook reflects improvements […]

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Moody’s Investors Service on Thursday changed the outlook on New York from stable to positive and affirmed the Aa2 rating on the state’s $3.5 billion in general-obligation (G.O.) bonds.   Moody’s has also affirmed the ratings on all outstanding appropriation-backed and G.O.-related bonds as well as various state-intercept programs.   The positive outlook reflects improvements […]

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Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.