Moody's gives Wisconsin bonds A1

Moody's Investors Service said it assigned a rating of A1 to the State of Wisconsin's $210 million of general fund annual appropriation refunding bonds of 2008, series C.

The outlook is negative.

Moody's said that the A1 rating reflects the credit standing of the state whose general obligations are rated Aa3 with a negative outlook and the limited subject-to-appropriation nature of the security for these bonds.

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