Anchorage Alaska was just issued a high bond rating this past week by Standard & Poor’s bond rating agency.  Bond ratings reveal the municipality’s current financial condition and determine the cost of debt when a particular city issues bonds; the higher this bond rating, the lower the cost and interest rate and so a long term good rating indicates a lot of money that can be saved.  The high bond rating for 2010 for the Municipality of Anchorage is for short-term bonds, but positive ratings this early on may be an indicator of good rating for longer-term bonds as well.  Results for the long-term rating will be issued in April 2010.

For more on this and other Anchorage AK community news stories, visit KTUU.com.

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