Maryland maintains AAA bond rating
(AP) — Maryland’s treasurer says the three major bond rating agencies have maintained the state’s AAA rating.
Treasurer Nancy Kopp says the ratings are an “affirmation” of the state’s financial management and fiscal strength.
WBAL-AM reports Maryland is one of 11 states to hold the highest possible credit rating, joined by neighboring Virginia and Delaware.
The ratings come ahead of a March 7 general obligation bond sale.