A state official estimates the rating downgrades since last year could cost the state an extra $5 million to $6 million over 20 years on a $100 million transportation bond issuance.
"bonds"
Inside the Alaska Permanent Fund Corp.
“We all are managing billions each, but we think of it as units,” says Jim Parise, one of just 18 people managing investments at the fund. “If you think of it as actual money, you’d go crazy.”
Fed Chair Yellen’s Warning Adds To Recent Market Jitters
Both stock and bond markets had already been having a rough week before the Federal Reserve’s Janet Yellen warned about “potential dangers.”
House fails to pass retroactive clause on school bonding bill
Anchorage could be the last school district to get state reimbursement for its bonds, before the program goes on a five-year hiatus.