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S&P rates Oregon veterans welfare bonds AA
Standard & Poor's said it assigned an AA rating to the Oregon's series 90A (fixed-rate) and 90B (variable-rate) veteran's welfare bonds and affirmed its AA rating on the state's outstanding general obligation debt. The outlook is stable.
The $38.885 million variable-rate bonds are due Dec. 1, 2045. The $11.115 million fixed-rate bonds are due Dec. 1, 2023.
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