Sunday, May 27, 2007

Stockland to raise US$300 mln min in U.S. bonds

(Reuters) - Typical buyers of U.S. traditional private placements are
U.S. insurance companies keen on long-dated paper to match
their assets.




They require a rating from the National Association of
Insurance Commissioners which has its own grid ranging
from NAIC-1 for the best credit to NAIC-6, the lowest.


Read more at Reuters.com Bonds News

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