The State’s General Obligation bonds have been assigned the highest credit rating by Moody’s Investors Service (Aaa), S & P Global Rating (AAA) and Fitch Ratings (AAA). Maryland is one of only fourteen states in the nation to hold a triple-A credit rating from all three major credit rating agencies. The Treasurer, along with the Debt Management Department, works to protect these superior ratings which result in low interest rates on G.O. bond sales.
Fitch Ratings | Moody's Investors Service | S&P Global Ratings |
---|---|---|
FY2024 AAA Rating | FY2024 Aaa Rating | FY2024 AAA Rating |
FY2023 AAA Rating | FY2023 Aaa Rating | FY2023 AAA Rating |
FY2022 | FY2022 | FY2022 |
FY2021 | FY2021 | FY2021 |
FY2020 | FY2020 | FY2020 |
FY2019 | FY2019 | FY2019 |
FY2018 | FY2018 | FY2018 |
Note: Reports are viewable in PDF format