Municipal Bond Forum
City of Boston is strong
Q
I heard that Boston, MA, will file bankruptcy? Is this true?
A
James A. Klotz responds:
Boston’s general obligation bond ratings are “Aaa/AA+” and the city exhibits a strong financial position and a broad and diverse economy. There is no evidence to support Boston, MA, entering bankruptcy. I believe any report otherwise is factually incorrect.
Start here.
Do you have specific criteria for bonds you’re looking for? Let us know and we’ll e-mail you bonds that fit your needs. There is no charge for this service.
The responses provided in this forum are meant to address specific questions posed by investors about their municipal bonds and to provide market insight for our general audience. Please note, your investments, objectives, results and experience may differ significantly. Our answers and any potential strategies discussed should not be construed as a solicitation to buy nor sell any security or investment product. All investing entails risk.