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NEW ISSUE (See RATINGS herein) $205,345,000 State of Connecticut Special Obligation Rate Reduction Bonds (2004 Series A) Dated: Date of Delivery Due: As shown below The Bonds will be special obligations

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New issue see ratings refer to the ratings given to a newly issued security by a credit rating agency.

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New issue see ratings are typically filed by the issuer of the security, such as a company or government entity.

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To fill out new issue see ratings, the issuer must provide relevant information about the security to the credit rating agency, which will then assign a rating based on the creditworthiness of the security.

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The purpose of new issue see ratings is to provide investors with an assessment of the credit risk associated with a newly issued security, helping them make informed investment decisions.

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The issuer must report information such as financial data, business performance, and future prospects of the security to the credit rating agency for new issue see ratings.

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