Moody's: New South Wales' credit quality reflects its favorable economic performance and considerable budget flexibility
Sydney, December 09, 2016-- Moody's Investors Service says that the State of New South Wales creditworthiness, reflects its diverse economic base, considerable budget flexibility, and secure and predictable grants from the Commonwealth. In addition, the assessment of the state's credit quality factors take into account its favorable financial performance in recent years, with nearly balanced or surplus results over the last two years. "IMPORTANT NOTICE: MOODY'S RATINGS AND...
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
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76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
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