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Maryland’s AAA Bond Rating Has Been Re-Affirmed

July 9th, 2014 by WCBC Radio

Maryland State Treasurer Nancy Kopp announced this week that all three bond rating agencies have re-affirmed the State's strong AAA bond rating in preparation for the upcoming retail sale of General Obligation Bonds and the competitive institutional sale of State Bonds on Wednesday, July 23. Maryland is one of just a few states* to hold the coveted AAA rating, the highest possible rating, from all three major bond rating agencies. Standard and Poor’s has rated the bonds AAA since 1961. Moody’s Investors has assigned the bonds a rating of Aaa since 1973, and Fitch Ratings has rated the bonds AAA since 1993.  Governor Martin O’Malley said such a record of success takes teamwork…


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