Posts Tagged ‘AAA bond rating’
Worcester County Achieves AAA bond rating
Fitch Ratings, one of three major credit rating agencies, has upgraded Worcester County’s Issuer Default Rating (IDR) and general obligation (GO) bonds to AAA. In its rating commentary, Fitch recognized the County’s financial resilience, for both revenues and expenditures, as well as the planned build-up of reserves in recent years as key ratings drivers for…
Read MoreMaryland Retains AAA Bond Rating
Maryland State Treasurer Dereck E. Davis announced today that the three major bond rating agencies have reaffirmed the state’s AAA bond rating and noted a “stable outlook.” Treasurer Davis will preside over his second competitive sale of state General Obligation Bonds on March 15, 2023. Maryland is one of only 13 states to hold the…
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