ATLANTA - Standard & Poor's Corp. last week revised its outlook on Miami's A-plus-rated general obligation bonds to negative from stable, citing continuing economic and budgetary stress.

The change in outlook affects $10 million of GOs scheduled for sale this Wednesday and $56.8 million of outstanding parity debt. The action follows an outright downgrade of the city's long-term debt by Moody's Investors Service, which on Wednesday lowered the GO rating to A from A1.

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