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Abstract–Municipal Bond Credit Ratings: A Suggested Methodology

Published online by Cambridge University Press:  19 October 2009

Ronald Forbes ,
Alan Frankle  and
Arthur Hierl
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Extract

Municipal bond credit ratings are currently being created and distributed by two main rating agencies. Controversy has urrounded these ratings and their effects on interest costs to municipalities. This paper summarizes these controversies and presents a methodology which would enable a more objective appraisal of municipal credit quality.

Type
Investments–Bonds
Information
Journal of Financial and Quantitative Analysis , Volume 9 , Issue 5 , November 1974 , pp. 897
Copyright
Copyright © School of Business Administration, University of Washington 1974

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