TEXT-Fitch upgrades Metro Water District of Southern Calif. 2004A-1, A-2
Sept 28 - The rating action referenced in Fitch Ratings' Sept. 18, 2012, press release (Fitch to Upgrade S-T Rtg on Metro Water District of Southern CA's Ser 2004A-1 & A-2 Rev Rfdg Bonds), is effective today (Sept. 28, 2012). Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings. Applicable Criteria and Related Research: --'U.S. Municipal Structured Finance Criteria' (Feb. 28, 2012); --'Rating Guidelines for Variable-Rate Demand Obligations Issued with External Liquidity Support' ( Feb. 1, 2012). Applicable Criteria and Related Research: U.S. Municipal Structured Finance Criteria Rating Guidelines for Variable-Rate Demand Obligations Issued with External Liquidity Support
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.