Industrial Revenue Bonds (IRBs). One of the ways in which state and local governments can subsidize private business is by providing low-cost financing via the issuance of bonds. Corporations can borrow money by issuing bonds on their own in the commercial marketplace, in which case they must.

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NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned an ‘AA’ rating to the following state of Oklahoma, Oklahoma Development Finance Authority (ODFA), Oklahoma state system of higher education, master equipment lease revenue refunding bonds (subject to annual appropriation).

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