Rating Distribution

Rating (S&P)	Securities	Distribution
AA-	104
AAA	26

Issuer Categories

Category	Verified Issuers
School District	71
City	61
Water / Sewer	34
Dedicated Tax	25
Other Revenue	14
Multi-Family	11
County	11
Hospital	10
Corporate	7
Nursing Home	7
Life Care	7
Special District	6
Public Higher Ed	5
Land District	4
Wholesale Electric	3

Top Issuers

ND

Anamoose North Dakota

City

—

ND

Argusville North Dakota

City

—

ND

Argusville North Dakota Tax Increment Revenue

Land District

—

ND

Ashley North Dakota

City

—

ND

Barnes County North Dakota

County

—

ND

Barnes County North Dakota North Public School District Building Authority Lease Revenue

School District

—

ND

Basin Electric Power Coop North Dakota

Wholesale Electric

—

ND

Berthold North Dakota

City

—

ND

Beulah North Dakota

City

—

ND

Beulah North Dakota Municipal Arpt Authority Revenue

Municipal

—

ND

Beulah North Dakota Public School District No. 027

School District

—

ND

Bismarck North Dakota Health Care Facilities Revenue

Hospital

—

ND

Bismarck North Dakota Lodging & Restaurant Tax Revenue

Dedicated Tax

—

ND

Bismarck North Dakota Public School District No. 1

School District

—

ND

Bismarck North Dakota Retirement Facilities Revenue

Life Care

—

ND

Bottineau County North Dakota Sales Tax Revenue

Dedicated Tax

—

ND

Bottineau North Dakota

City

—

ND

Bottineau North Dakota Public School District No. 001

School District

—

ND

Bowbells North Dakota Public School District No. 014

School District

—

ND

Bowman North Dakota Healthcare Facilities Revenue

Hospital

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