Friday, August 30, 2013

Oakland County to give Michigan bond market its biggest test next month

Oakland County to give Michigan bond market its biggest test next month | Crain's Detroit Business:
"Oakland County is set to sell $350 million of debt next month in the biggest offer from the state since June, before Detroit's record bankruptcy.
Moody's Investors Service gives the county's limited-tax general obligations its highest grade, with a stable outlook, citing a "very large and fairly affluent tax base."

No comments: