For over 25 years, Merritt Research Services has been providing quality municipal data. In the early years, most of that data was related to credits issuing revenue-backed bonds such as hospitals, electric utilities or airports.
Over time, we have expanded the standard product universe to include other sectors including those whose debt is tied to tax-backed repayment. During 2011, in addition to the natural growth in the coverage of our existing sectors, we released over 1,100 Water/Sewer credits into the standard data universe.
In January 2012, we introduced an additional 290 standard credits to the City, County and School District sectors. Look for an accelerated expansion of our coverage in key tax-backed sectors throughout the year.