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Maryland has lost its triple-A bond rating from Moody’s. Maryland has held this top rating since 1973, and state officials have long cited it as a sign of state’s strong fiscal stewardship.
Moody’s, one of the top-three credit rating agencies, issued Maryland’s Aa1 rating, with a “stable” outlook, which means higher borrowing costs and a hit to the state’s creditworthiness ...
The bond-rating agency Moody’s on Wednesday downgraded Maryland’s rating for the first time in decades, a change that will likely make it more expensive for the state to borrow money.
Maryland "did very well" in the sale Wednesday of about $1.6 billion in bonds, state officials said, despite a recent credit ...
“To hell with Moody’s,” State Treasurer Dereck Davis said during a meeting of the Board of Public Works fter the ratings agency downgraded Maryland’s credit rating. (The Daily Record/File ...
The D.C. region’s already precarious economic outlook turned a shade darker Wednesday after the bond-rating agency Moody’s downgraded Maryland’s long-held triple-A rating. The move ...
ANNAPOLIS, Md. (AP) — Maryland lost its triple-A bond rating from Moody’s on Wednesday, a rating the state has cited for more than 50 years as a sign of strong fiscal stewardship. Justice ...