S&P considers updating methodology for state ratings

05/14/2010 | Bond Buyer (free content), The

Standard & Poor's outlined criteria for states' credit ratings and is seeking issuers' comments. The proposal is not expected to result in a change in ratings but is an attempt to give investors a better way to compare states. "There would be state-specific benchmarks and ratios and also a lot more clarity about the government framework, which has always been a big part of state ratings," said Robin Prunty, who helped outline the criteria.

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Bond Buyer (free content), The