November 7, 2016 / 4:31 PM / 10 months ago

BRIEF-Fitch rates $227mm Mississippi GO bonds 'AA'; Outlook stable

Nov 7 (Reuters) - Fitch :

* Fitch rates $227mm Mississippi GO bonds 'AA'; outlook stable

* Spending growth is expected to be at or slightly above relatively slow annual revenue growth in absence of policy action

* State has ample ability to control expenditures and carrying costs for debt service and retiree benefits are low

* Rating reflect state's strong control over spending, revenues,generally conservative financial practices Source text for Eikon:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below