S&P Global Market Intelligence has identified the ten states with the strongest average local school district credit scores. Leveraging S&P Global Market Intelligence’s Public Finance Automated Scoring Tool (PFAST), we generated credit scores for more than 9,000 school districts nationwide. When the average school district credit scores were aggregated by state, these 10 states...
READThis firm oversees a suite of U.S. Public Finance mutual funds with $950 million assets under management. Growth in assets put strong pressure on the credit team for new investment originations and surveillance for existing holdings. Their credit models were not re-calibrated in several years, leading to inefficient manual overrides for new investments. For surveillance, the da...
READThis financial institution (FI) manages a portfolio of thousands of Public Finance issuers for its wealth management clients. The FI’s credit risk team conducts an in-depth credit analysis at origination and annual review on every issuer as part of the bank’s credit risk surveillance process. Additionally, the credit risk team shares these credit analyses with the FI’s traders,...
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