All Three Major Rating Agencies Reaffirm Maryland’s AAA Bond Rating
Moody’s, S&P Global, and Fitch Ratings Also Maintain Stable Outlook While Noting Challenges as State Moves Towards Recovery. Maryland State Treasurer Nancy K. Kopp announced this week that in spite of continued fiscal headwinds caused by the COVID-19 pandemic, the three major bond rating agencies have reaffirmed the State’s AAA bond rating, the longest continuous Triple-AAA bond rating for a state in the country. The announcement comes in advance of the upcoming competitive sale of…