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NEWSLETTER SIGN UPAbout bonds
A bond is essentially a debt certificate issued by a government or corporation guaranteeing payment of the original investment plus interest by a specified date. In other words, it's an I.O.U. with interest and a deadline.
The county's current bond rating with financial research company Moody's Investors Service is classified as Aa1. The bond rating with Standard & Poor's, another financial researcher, is AA+.
According to county officials, both ratings are considered one notch below the best possible rating, AAA, which only three counties in the state have: Cobb, DeKalb and Gwinnett.
Officials have also said a good rating makes the county's bonds more attractive to investors.
juliearrington@forsythnews.com
As this year's election cycle builds to a climax, one of the simmering campaign issues remains the nation's economy.
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View the rest of this article and others here.
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