UNC gains AAA bond rating despite high alts exposure

Mon Jul 11, 2011

The University of North Carolina – Chapel Hill has attained a ‘AAA’ bond rating from Fitch, although the liquidity of its alternatives portfolio may be a concern.

The university has more than $1 billion in bonds. Non-marketable securities, including...

ISSN: 2151-1845 / CDC10004H

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