30.04.2014 20:35:00
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Moody's: New study demonstrates highly accurate regional and local government ratings
New York, April 30, 2014 -- A review of the performance of Moody's regional and local government (RLG) ratings relative to actual default experience since 1983 shows that ratings are highly predictive of RLG default risk , says Moody's Investors Service in a report published today.