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Maryland Retains AAA Bond Rating

July 30th, 2019 by WCBC Radio

 Maryland State Treasurer Nancy K. Kopp announced today that the three major bond rating agencies have reaffirmed the State's AAA bond rating, all with stable outlooks, in advance of the upcoming competitive sale of State General Obligation Bonds on Wednesday, August 14, 2019. 

Maryland is one of thirteen states* to hold the coveted AAA rating, the highest possible rating, from all three major bond rating agencies. S&P Global Ratings has rated the bonds AAA since 1961, Moody’s Investors Service has assigned the bonds a rating of AAA since 1973, and Fitch Ratings has rated the bonds AAA since 1993. 

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