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Annual Report On U.S. States' Debt Published May 11
Standard & Poors, May 2011
Abstract
NEW YORK (Standard & Poor's) May 25, 2011--Standard & Poor's Ratings Services expects debt issuance by U.S. states-who borrowed a record amount in 2010--to be soft this year and next, given conditions in the municipal debt market and the fiscal and political environment, according to its annual review of states' debt, '2011 State Debt Review: Despite Surge of Issuance, No Debt Crisis for U.S. States,' published today. In the report, Standard & Poor's provides a range of quantitative and qualitative information for all 50 states to provide a comparative framework to analyze debt security features, debt burden, and debt management across the sector. Key findings of the report include: The state sector has weathered a broad range of bond market...
Action: General Comment
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 of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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