Moody's rates Oklahoma City G.O. bonds Aa1

Moody's Investors Service said it assigned an Aa1 rating to Oklahoma City's series 2008 $60.56 million of general obligation bonds and $7 million of G.O. limited-tax bonds.

Concurrently, Moody's said it affirmed the Aa1 rating on the city's outstanding G.O. debt, affecting a total of $528 million including the current offerings.

Sale of the bonds is expected on March 25.

The outlook is stable.

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