OREANDA-NEWS. Fitch Ratings has assigned a 'AAA' rating to the following revenue bonds to be issued by Monmouth County Improvement Authority, New Jersey:

--$41,480,000 governmental pooled loan refunding revenue bonds, series 2016B.

The bonds will be sold via negotiation on or about Sept. 13th. Proceeds will refund outstanding obligations of the authority for debt service savings.

Fitch has also affirmed the following ratings at 'AAA':

--Monmouth County Long-Term Issuer Default Rating (IDR);
--$391 million of outstanding authority revenue bonds;
--$418 million of outstanding general obligation (GO) bonds of Monmouth County.