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Tuesday, April 9, 2013

Kansas Bondholders Showing No Aversion to Leverage: Muni Credit

Kansas , which dedicated casino proceeds to pension relief last year, is considering another gamble as lawmakers debate borrowing $1.5 billion to bolster the nation's 11th-weakest state retirement plan.

http://www.bloomberg.com/news/2013-04-09/kansas-bondholders-showing-no-aversion-to-leverage-muni-credit.html

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