State and municipal bonds
Question for Case memorandum:
1.Why credit rating agencies downgrade Illinois’ Bond Ratings?
2. Explain the managerial, economic, political factors that affect Illinois’ Bond Ratings
Fiscal Factors (including fiscal institutions), Economic Factors, and Demographic Factors can have an impact on credit ratings and borrowing costs. Discuss the nature of these factors and their impact on Illinois’ credit ratings and borrowing costs.
The case memorandums should be typed, double-spaced, with normal margins, pitch, etc. and should not exceed three pages. You may attach additional pages that contain appendices, tables, additional articles, etc. However, the three pages memorandum must be able to “stand on its own.”
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