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OFFICIAL STATEMENT dated July 30, 2014, BONDS ARE NOT BANK QUALIFIED COVENTRY ONLY RATINGS: The District: Moody's: Aa2 The District: S&P: AA Washington State School District Credit Enhancement Program:
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Bonds are not bank refers to financial instruments issued by entities other than banks, such as corporations or governments, to raise capital.
Any entity that issues bonds that are not bank must file them with the appropriate regulatory authorities.
To fill out bonds that are not bank, the issuer must provide key information such as the bond's maturity date, interest rate, and face value.
The purpose of bonds that are not bank is to raise funds for the issuer through the issuance of debt securities.
Information such as the issuer's financial standing, the bond's terms, and any associated risks must be reported on bonds that are not bank.
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