New York, June 09, 2015 -- Moody's North American Covenant Quality Index strengthened again last month, the rating agency says in a new report. The index, a three-month rolling average, improved to 4.18 in May from 4.26 in April and 4.36 in March on Moody's five-point scale, in which 1.0 denotes the strongest investor protections and 5.0, the weakest.
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