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NEW ISSUEBOOKENTRY OPERATING: Standard & Poor: SP1+ (See MISCELLANEOUSRating herein)In the opinion of Or rick, Herrington & Ratcliffe LLP, Bond Counsel to the District, based upon an analysis of existing
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New issuebook-entry only ratings are ratings assigned to securities that can only be held in electronic form, without the need for a physical certificate.
Financial institutions and investors are required to file new issuebook-entry only ratings for certain securities.
To fill out new issuebook-entry only ratings, one must include necessary information about the security, such as its rating, issuer, and terms.
The purpose of new issuebook-entry only ratings is to streamline the process of issuing and trading securities by eliminating the need for physical certificates.
The information reported on new issuebook-entry only ratings includes the security's rating, issuer information, terms of the security, and details about how it can be held.
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