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Article: The Daily Record News Briefs: October 15, 2009
- Article from:
- The Daily Record (Baltimore)
- Article date:
- October 15, 2009
CopyrightCopyright 2009 The Daily Record (Baltimore). Provided by ProQuest LLC. (Hide copyright information)
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AAA rating affirmed
Although beset by financial troubles, Maryland officials received
some good news on Wednesday: All three bond-rating agencies have
affirmed the state's Triple A bond rating, State Treasurer Nancy K.
Kopp announced. The state is preparing to sell approximately $800
million worth of general obligation bonds Wednesday at the Board of
Public Works meeting. Maryland is one of only seven states to hold
the coveted AAA rating -- the highest possible -- from Moody's
Investors, Standard & Poor's and Fitch. Having a Triple A rating
keeps the state's borrowing cost relatively low.
Highways and byways
The Maryland Department of Business and Economic Development's
Office of Tourism ...