Refunded bonds secure investor principal by holding the cash amount aside via the original issuer, providing low-risk ...

A bond rating is an assessment of the creditworthiness of the bond's issuer. It is a prediction of the likelihood that a company, a government, or another entity will default on its debt obligation.

Discover how below par bonds work, as they trade for less than their face value. Learn why bonds might trade at a discount due to market and economic conditions.

This article was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. A second bond-rating agency has reaffirmed its ...

Two days after Maryland lost its long coveted AAA bond rating from Moody's, another firm maintained the state's top rating.Fitch Ratings, one of three credit rating agencies, on Thursday assigned an ...