What is a bond rating?
A bond rating is an evaluation by a rating company of the probability that a particular bond issue will default. The City of High Point is rated by three national credit rating agencies and one state rating agency.

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1. What is a bond?
2. Why issue bonds?
3. How is the debt on bonds repaid?
4. Are there additional financial implications?
5. When are bond referendums held?
6. What is a bond rating?