This is a list of U.S. states by credit rating, showing credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's, Fitch and Moody's. The list is given as of May 2021.
List of general obligation bond rankings
editState | S&P Global[1] | Moody's | Ref. | Fitch Ratings | ||
---|---|---|---|---|---|---|
Rating | Date | Ref. | ||||
Alabama | AA | Aa1 | [2] | AA+ | May 10, 2022 | [3] |
Alaska | AA- | Aa3 | [2][4] | A+ | April 13, 2022 | [5] |
Arizona | AA | Aa1 | [2] | — | [6] | |
Arkansas | AA | Aa1 | [2] | — | ||
California | AA- | Aa2 | [2] | AA | March 1, 2022 | [7] |
Colorado | AA | Aa1 | [2] | — | [8] | |
Connecticut | A | Aa3 | [2][9] | AA- | May 24, 2022 | [10] |
Delaware | AAA | Aaa | [2][11] | AAA | February 9, 2022 | [12] |
District of Columbia | AA+ | November 2, 2021 | [13] | |||
Florida | AAA | Aaa | [2] | AAA | June 23, 2022 | [14] |
Georgia | AAA | Aaa | [2][15] | AAA | June 6, 2022 | [16] |
Hawaii | AA+ | Aa2 | [2] | AA | September 17, 2021 | [17] |
Idaho | AA+ | Aaa | [2][18] | AAA | November 4, 2021 | [19] |
Illinois | A- | A3 | [2][20] | A- | November 7, 2023 | [21] |
Indiana | AAA | Aaa | [2][22] | AAA | September 17, 2021 | [23] |
Iowa | AAA | Aaa | [2][24] | AAA | December 8, 2021 | [25] |
Kansas | AA- | Aa2 | [2] | — | [26] | |
Kentucky | A | Aa3 | [2] | AA- | April 28, 2022 | [27] |
Louisiana | AA- | Aa3 | [2] | AA- | March 18, 2022 | [28] |
Maine | AA | Aa2 | [2][29] | AA | November 9, 2021 | [30] |
Maryland | AAA | Aaa | [2][31] | AAA | June 1, 2022 | [32] |
Massachusetts | AA | Aa1 | [2][33] | AA+ | September 10, 2021 | [34] |
Michigan | AA | Aa1 | [2][35] | AA+ | July 21, 2022 | [36] |
Minnesota | AAA | Aa1 | [2][37] | AAA | August 5, 2022 | [38] |
Mississippi | AA | Aa2 | [2][39] | AA | November 8, 2021 | [40] |
Missouri | AAA | Aaa | [2] | AAA | October 7, 2021 | [41] |
Montana | AA | Aa1 | [2] | AA+ | August 26, 2021 | [42] |
Nebraska | AAA | Aa1 | [2] | — | ||
Nevada | AA+ | Aa1 | [2] | AA+ | April 20, 2022 | [43] |
New Hampshire | AA | Aa1 | [2][44] | AA+ | March 3, 2022 | [45] |
New Jersey | A | A2 | [2] | A- | April 12, 2023 | [46] |
New Mexico | AA | Aa2 | [2] | — | ||
New York | AA+ | Aa2 | [2][47] | AA+ | July 8, 2022 | [48] |
North Carolina | AAA | Aaa | [2][49] | AAA | July 1, 2022 | [50] |
North Dakota | AA+ | Aa1 | [2] | — | ||
Ohio | AAA | Aaa | [2][51] | AAA | August 30, 2023 | [52] |
Oklahoma | AA | Aa2 | [2] | AA | April 21, 2022 | [53] |
Oregon | AA+ | Aa1 | [2][54] | AA+ | April 29, 2022 | [55] |
Pennsylvania | A+ | Aa3 | [2][56] | AA- | April 11, 2022 | [57] |
Rhode Island | AA | Aa2 | [2][58] | AA | September 28, 2021 | [59] |
South Carolina | AA+ | Aaa | [2][60] | AAA | June 1, 2022 | [61] |
South Dakota | AAA | Aaa | [2] | AAA | October 13, 2021 | [62] |
Tennessee | AAA | Aaa | [2][63] | AAA | January 20, 2022 | [64] |
Texas | AAA | Aaa | [2][65] | AAA | March 24, 2022 | [66] |
Utah | AAA | Aaa | [2][67] | AAA | April 22, 2022 | [68] |
Vermont | AA+ | Aa1 | [2][44] | AA+ | April 6, 2022 | [69] |
Virginia | AAA | Aaa | [2][56] | AAA | June 28, 2022 | [70] |
Washington | AA+ | Aaa | [2][71] | AA+ | April 15, 2022 | [72] |
West Virginia | AA- | Aa2 | [2][73] | AA | May 2, 2022 | [74] |
Wisconsin | AA | Aa1 | [2] | AA+ | January 10, 2022 | [75] |
Wyoming | AA | n/a | [2] | — |
Historic S&P Global Rankings
editState | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Alabama | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
Alaska | AA- | AA- | AA | AA | AA | AA+ | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | NR | NR |
Arizona | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- | AA | AA | AA | AA | AA | AA- | AA- | NR |
Arkansas | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
California | AA- | AA- | AA- | AA- | AA- | AA- | AA- | A | A | A- | A- | A- | A | A+ | A+ | A+ | A | A | BBB | A | A+ |
Colorado | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA |
Connecticut | A | A | A | A | A+ | AA- | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
Delaware | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
Florida | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ |
Georgia | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
Hawaii | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- |
Idaho | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
Illinois | BBB+ | BBB- | BBB- | BBB- | BBB- | BBB | A- | A- | A- | A | A+ | A+ | A+ | AA | AA | AA | AA | AA | AA | AA | AA |
Indiana | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA | AA | AA+ | AA+ | AA+ |
Iowa | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
Kansas | AA- | AA- | AA- | AA- | AA- | AA- | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
Kentucky | A | A | A | A | A+ | A+ | A+ | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA |
Louisiana | AA- | AA- | AA- | AA- | AA- | AA | AA | AA | AA | AA | AA | AA- | AA- | A+ | A | A | A | A+ | A+ | A | A |
Maine | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA | AA+ | AA+ | AA+ |
Maryland | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
Massachusetts | AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- |
Michigan | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA | AA | AA+ | AA+ | AAA | AAA |
Minnesota | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
Mississippi | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
Missouri | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
Montana | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- | AA- |
Nebraska | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
Nevada | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA |
New Hampshire | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA+ | AA+ |
New Jersey | BBB+ | BBB+ | A- | A- | A- | A | A | A+ | AA- | AA- | AA- | AA | AA | AA | AA | AA | AA | AA- | AA | AA | AA+ |
New Mexico | AA | AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
New York | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
North Carolina | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
North Dakota | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA- | AA- | AA- | AA- |
Ohio | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
Oklahoma | AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA |
Oregon | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA | AA |
Pennsylvania | A+ | A+ | A+ | A+ | AA- | AA- | AA- | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
Rhode Island | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- |
South Carolina | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AAA | AAA | AAA | AAA |
South Dakota | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | NR | NR | NR | NR | NR |
Tennessee | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA |
Texas | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA |
Utah | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
Vermont | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
Virginia | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
Washington | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA+ | AA+ | AA+ |
West Virginia | AA- | AA- | AA- | AA- | AA- | AA- | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- | AA- | AA- |
Wisconsin | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- | AA- | AA |
Wyoming | AA | AA | AA+ | AA+ | AA+ | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA |
Source:[1] |
See also
editReferences
edit- ^ a b "History Of U.S. State Ratings". S&P Global. Retrieved 2021-05-11.
- ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax California State Treasurer. "California's Current Credit Ratings". www.treasurer.ca.gov. Retrieved 2021-05-11.
- ^ "Alabama, State of (AL) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Alaska Credit Ratings". treasury.dor.alaska.gov. Retrieved 2021-05-11.
- ^ "Alaska, State of (AK) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Arizona, State of (AZ) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "California, State of (CA) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Colorado, State of (CO) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "State of Connecticut Bond Ratings". Retrieved 2021-05-11.
- ^ "Connecticut, State of (CT) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Rating Agencies' Credit Reports". Department of Finance - State of Delaware. Retrieved 2021-05-11.
- ^ "Delaware, State of (DE) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "District of Columbia (DC) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Florida, State of (FL) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Rating Reports - G.O. Bonds". Georgia State Financing and Investment Commission. Retrieved 2021-05-11.
- ^ "Georgia, State of (GA) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Hawaii, State of (HI) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ Idaho State Treasurer's Office. "Credit Rating Enhancement Committee (CREC)". sto.idaho.gov. Retrieved 2021-05-11.
- ^ "Idaho, State of (ID) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Bond Ratings". illinoiscomptroller.govfinancial-reports-data. The Illinois Office of Comptroller. Retrieved 16 March 2023.
- ^ "Illinois, State of (IL) [General Government]". Fitch Ratings.
- ^ Indiana Finance Authority (2020-10-05). "Credit Ratings". in.gov. Retrieved 2021-05-11.
- ^ "Indiana, State of (IN) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Iowa Remains at the Top of Credit Rating Scales". www.iowatreasurer.gov. 2020-02-19. Retrieved 2021-05-11.
- ^ "Iowa, State of (IA) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Kansas, State of (KS) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Kentucky, Commonwealth of (KY) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Louisiana, State of (LA) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ Maine Office of the State Treasurer. "Debts & Bonds: Bond Ratings". www.maine.gov. Retrieved 2021-05-11.
- ^ "Maine, State of (ME) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ Maryland State Treasurer. "Rating Agency Reports". www.treasurer.state.md.us. Retrieved 2021-05-11.
- ^ "Maryland, State of (MD) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Ratings Reports". www.massbondholder.com. Retrieved 2021-05-11.
- ^ "Massachusetts, Commonwealth of (MA) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ Michigan Department of Treasury. "Credit Rating". www.michigan.gov. Retrieved 2021-05-11.
- ^ "Michigan, State of (MI) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Minnesota's Bond Ratings". mn.gov. Retrieved 2021-05-11.
- ^ "Minnesota, State of (MN) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Bonds and Debt". ms.gov. Retrieved 2020-05-11.
- ^ "Mississippi, State of (MS) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Missouri, State of (MO) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Montana, State of (MT) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Nevada, State of (NV) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ a b Vermont Treasurer. "STATE BOND RATINGS REPORT". vermonttreasurer.gov. Retrieved 2020-05-11.
- ^ "New Hampshire, State of (NH) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "New Jersey, State of (NJ) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Credit Ratings | Investor's Guide". www.budget.ny.gov. Retrieved 2021-05-11.
- ^ "New York, State of (NY) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Treasurer Folwell Announces "AAA" Bond Ratings for NC". www.nctreasurer.com. Retrieved 2021-05-11.
- ^ "North Carolina, State of (NC) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ Ohio Governor Mike DeWine. "Ohio Earns Coveted "AAA/Aaa/AAA" Ratings from All Three Major Credit Bureaus". Retrieved 2024-01-25.
- ^ "Ohio, State of (OH) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Oklahoma, State of (OK) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ Oregon State Treasury. "Oregon Bonds FAQs". www.oregon.gov. Retrieved 2021-05-11.
- ^ "Oregon, State of (OR) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ a b "Fiscal Health Scorecard". Pennsylvania Treasury Transparency Portal. Retrieved 2021-05-11.
- ^ "Pennsylvania, Commonwealth of (PA) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Credit Ratings". Rhode Island Office of the General Treasurer. Retrieved 2021-05-11.
- ^ "Rhode Island, State of (RI) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "State Credit Ratings". SC Office of the State Treasurer. Retrieved 2021-05-11.
- ^ "South Carolina, State of (SC) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "South Dakota, State of (SD) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Tennessee's Credit Rating Now at the Top". www.tn.gov. 2016-05-31. Retrieved 2021-05-11.
- ^ "Tennessee, State of (TN) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "State of Texas Debt". Texas Bond Review Board. Retrieved 2021-05-11.
- ^ "Texas, State of (TX) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ Utah Office of State Treasurer. "Utah maintains AAA credit rating from all major rating agencies, saves taxpayer dollars on transportation projects". treasurer.utah.gov. Retrieved 2021-05-11.
- ^ "Utah, State of (UT) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Vermont, State of (VT) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Virginia, Commonwealth of (VA) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Credit Ratings Remain High as Washington Prepares to Issue New Debt". Washington State Treasurer. 2020-07-01. Retrieved 2021-05-11.
- ^ "Washington, State of (WA) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "State of West Virginia Credit Ratings". investorrelations.wv.gov. Retrieved 2020-05-11.
- ^ "West Virginia, State of (WV) [General Government]". Fitch Ratings. Retrieved 2022-08-12.
- ^ "Wisconsin, State of (WI) [General Government]". Fitch Ratings. Retrieved 2022-08-12.