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Montgomery County Secures ‘Triple-A’ Bond Rating

By
Industry Observer with Retired

Montgomery County Secures ‘Triple-A’ Bond Rating

Montgomery County Secures ‘Triple-A’ Bond Rating for 52nd Consecutive Year, Underscoring Decades of Fiscal Excellence and Strong Management

Montgomery County has extended its streak of earning the highest possible bond ratings from all three major Wall Street bond rating agencies. By maintaining its “Triple-A (AAA or Aaa)” bond ratings for 2024, the County remains a top-rated issuer of municipal securities, holding the highest credit ratings achievable by a local government.

Moody’s Investors Service, Inc., Standard & Poor’s and Fitch Ratings all affirmed the AAA ratings—the highest achievable—for the County. Montgomery County has earned AAA ratings from Moody's Investors Service, Inc. every year since 1973 (52 consecutive years), from Standard & Poor’s every year since 1976 (49 consecutive years) and from Fitch every year since 1991 (34 consecutive years).

This is a Montgomery County, Maryland announcement.

 

Yarrow, Achillea millefolium, Kentlands Photowalk,

Gaithersburg, Maryland USA IMG 0580
Canon PowerShot G11 Camera
Photograph by Roy Kelley
Roy and Dolores Kelley Photographs

Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland  

Show All Comments Sort:
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It sounds like having Montgomery County bonds is a good investment with a AAA rating.

Sep 27, 2024 04:29 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Roy, It seems like investing in Montgomery County bonds is a solid choice, especially with their highest possible rating!

Sep 27, 2024 04:39 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Good morning, Roy... that is quite an accomplishment and honor... congratulations to Montgomery County.

Sep 27, 2024 07:24 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Bond ratings are important for municipalities.  This is important to share with your Montgomery County community.

Sep 27, 2024 11:58 AM