CUSIP 924214M48


  • ISIN: US924214M481
  • Entity Name: Vermont Municipal Bond Bank
  • Sector: Municipal Agency
  • Announcement Date: 24-Oct-2018
  • Effective Date: 23-Oct-2018
  • Issue Date: *****
  • Maturity Date: 01-Dec-2036
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Downgrade
  • News: On October 23, 2018, Moodys Investors Service, Inc. (Moodys) announced it had downgraded to Aa2 from Aa1 its rating on all outstanding general obligation debt issued under the Vermont Municipal Bond Banks General Bond Resolution, adopted on May 3, 1988, as amended. The downgrade to Aa2 reflects the downgrade of the state intercept program, which in turn reflects the downgrade of the State of Vermont general obligation bonds to Aa1 from Aaa. The rating described above expresses only the view of Moodys. The rating does not constitute any recommendation by the Vermont Municipal Bond Bank or Moodys as to the purchase or sale of any bonds. Prospective purchasers or sellers of bonds should contact Moodys to obtain further explanation of the meaning and significance of such rating. A copy of the announcement by Moodys and additional information about the rating action and current Moodys ratings can be obtained from Moodys on its website at: www.moodys.com.
  • Description: Municipal Name: Vermont Municipal Bond Bank CUSIP: 924214M48 Currency: USD Vermont Municipal Bond Bank announced today that the Moody s Investors Service has downgraded the ratings of the Series 2018, Local Investment Bonds from Aa1 to Aa2 on October 23, 2018.
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US924214M481

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