- Associated Press - Tuesday, July 7, 2015

ANNAPOLIS, Md. (AP) - The State Treasurer says the three major national bond rating agencies have given Maryland bonds top ratings.

Nancy K. Kopp said in a news release on Tuesday that Standard and Poor’s and Fitch Ratings gave the bonds AAA, highest possible rating. Moody’s Investors Service gave the bonds its highest possible rating, Aaa. All three agencies said the general obligation bonds had stable outlooks.

Koop says the ratings will help taxpayers save money through lowest interest rates.

Maryland will sell $500 million of general obligation bonds on July 16.

Sign up for Daily Newsletters

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide