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Subject:  Bonds Date:  3/9/2004  5:59 PM
Author:  solasis Number:  263 of 297

Moodys reported today that feb 2004 was the first month in 6 years without a default by a rated bond. However, the number of bonds paying out in month of february is low compared to march, and so far this month two defaults. overall however, credit health is back to hi's.

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