New York, December 17, 2012 -- Moody's Investors Service has affirmed the Aa2 rating on the Township of North Brunswick's (NJ) $41.5 million of outstanding General Obligation debt. The rated debt includes approximately $36 million of direct G.O. bonds, as well as $5.5 million of bonds payable through separate water or sewer funds but ultimately guaranteed by the township. All of the township's G.O. bonds are secured by the township's unlimited property tax pledge.
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