Credit agencies say Nevada’s rating still strong
CARSON CITY — Nevada’s credit rating remains strong as reaffirmed by the three major credit rating agencies
The state treasurer’s office reported Wednesday that Moody’s, Fitch and S&P confirmed the state’s ratings for its general obligation debt.
Moody’s gave Nevada a rating of Aa2; Fitch AA+; and S&P AA.
Good credit standings mean Nevada can borrow money and issue bonds at lower interest rates.
State finance officials had conference calls last week with the three credit agencies to discuss Nevada’s ending fund balance and other factors tied to fiscal management.
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