Fitch rates Connecticut G.O. bonds AA

Fitch Ratings said it assigned an AA rating to $50 million of State of Connecticut taxable Libor-indexed general obligation refunding bonds, series 2008C.

Sale of the bonds is expected by negotiation on April 15. They are expected to mature on May 1, 2012.

Fitch also said it affirmed the AA rating on about $11.5 billion of outstanding G.O. bonds, including $2 billion of G.O. teachers' retirement fund bonds that are expected to sell on or about the same date.

The outlook is stable.

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