Virginia's AAA Bond Rating Affirmed by All Three Major Rating Agencies, Governor Announces October 13
Virginia Governor Abigail Spanberger announced in Richmond on October 13 that the Commonwealth of Virginia's AAA/Aaa/AAA bond ratings have been affirmed by Fitch Ratings, Moody's Ratings and S&P Global Ratings, the three major rating agencies.
The Governor's Office said the AAA/Aaa/AAA ratings are the highest levels a state can receive, and that the affirmation by all three agencies maintains Virginia's top credit standing across the board.
Bond ratings are the rating agencies' assessments of a state government's creditworthiness for repaying debt, and a top-tier rating is generally associated with a state's ability to issue bonds for financing at lower cost. The affirmation was announced by the Governor's Office on October 13.
Published by GSM · USA (original Chinese edition)
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