• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Summary: Des Moines, Iowa; General Obligation May 06 Product Image

Summary: Des Moines, Iowa; General Obligation May 06

  • ID: 1795543
  • May 2006
  • Region: Iowa
  • Standard & Poors

Abstract
The 'AA+' rating on Des Moines, Iowa's series 2006A-2006C GO bonds reflects the city's: Status as the center of a strong economy and diverse employment base; Continuation of strong financial operations; Strong, proactive management; and Moderate debt burden that should remain stable due to strong debt policies. The ratings on the city's outstanding GO bonds have been affirmed. With a population of nearly 200,000, Des Moines is the state's largest city. The metropolitan area serves as a national center for the insurance industry and a regional finance, health care, and service center. The city is also the state capital and Polk County's seat, offering a large number of stabilizing government sector jobs. Des Moines' 2005 unemployment rate, which averaged 4.9%,...

Companies mentioned in this report are:
- Des Moines

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating READ MORE >

Note: Product cover images may vary from those shown

- Des Moines

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS