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General Obligations

Alaska Municipal Bond Bank - Moody's Research Report

MOODY'S ASSIGNS Aa2 RATING TO ALASKA MUNICIPAL BOND BANK'S PLANNED $12 MILLION OF GENERAL OBLIGATION BONDS, 2011 SERIES TWO

Posted on: April 14, 2011, 5:11 pm

NEW YORK, Apr 14, 2011 -- Moody's Investors Service has assigned a Aa2 rating to the Alaska Municipal Bond Bank's planned issuance of $12.1 million of General Obligation Bonds, 2011 Series Two. Approximately $450 million of parity bonds issued under the bond bank's 2005 resolution are outstanding. Proceeds of the current issue will finance of improvements to local government school facilities...

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