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RATINGS: Current Interest Bonds: Moody\'s: AAA Standard & Poor\'s: AAA Capital Appreciation Bonds: Moody\'s: AAA Standard & Poor\'s: AAA (See \” INSURANCE\” and \” MISCELLANEOUSRatings\” herein)

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What is new issuebook-entry only ratings?

New issuebook-entry only ratings are ratings assigned to securities that are issued in book-entry form only, meaning there is no physical certificate to represent ownership.

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Financial institutions and broker-dealers are required to file new issuebook-entry only ratings.

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New issuebook-entry only ratings can be filled out electronically through the designated regulatory platform.

What is the purpose of new issuebook-entry only ratings?

The purpose of new issuebook-entry only ratings is to provide transparency and accountability in the securities issuing process.

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New issuebook-entry only ratings must include details about the issuer, the security being issued, and the assigned rating by the regulatory body.

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