22.05.2014 18:42:00
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Moody's: State debt survey shows new debt issuance falls to lowest level in 20 years
New York, May 22, 2014 -- The rate of growth in the outstanding debt issued by the US states in 2013 slowed for a fourth consecutive year and was also the slowest growth in debt for the last 20 years, says Moody's Investors Service in "2014 State Debt Medians: Appetite for Borrowing Remains Weak." Moody's expects state debt levels to continue to show only modest growth in 2014.