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Municipal Bond Credit Report: Criteria shift ends triple-A status of New York PIT, sales tax bonds - Website Lift Off

Municipal Bond Credit Report: Criteria shift ends triple-A status of New York PIT, sales tax bonds

Municipal Bond Credit Report: New ratings criteria ended the triple-A status of two New York State bond credits. S&P Global Ratings downgraded New York’s long-term personal income tax and sales tax bonds one notch to AA-plus Wednesday citing its new priority-lien tax revenue debt criteria released last month. … Link to Story