Advertisement:

NC Gets Triple-A Rating Before Selling Bonds

RALEIGH, N.C. The nation's three prominent credit-rating agencies keep giving top marks to North Carolina in advance of the state selling another batch of bonds.


Standard & Poor's, Moody's Investors Service and Fitch Ratings issued triple-A ratings to the state before Treasurer Janet Cowell offers $314 million in bonds next week.


The highest ratings mean the state can get the lowest interest rates possible while borrowing and is considered a badge of fiscal stability. Cowell's office says North Carolina is one of ten states with triple-A's from all three agencies.


Agency reports attributed their North Carolina ratings to what they call conservative fiscal operations, declining debt levels and an improving economy.


Cowell and Gov. Pat McCrory trumpeted the rating news as a positive signal to companies looking to expand in North Carolina.


InfoCenter


RDU Radar


Triangle Traffic

Reports | Cams

Air Quality

Pollen Forecast

Station Events

Saturday 7/26

8 AM-11 AM - Weekend Gardener live at Big Bloomers Flower Farm

Advertisement:

On Air Now

Scott Briggaman

Scott Briggaman

4:00pm - 7:00pm
NC's Evening News

Next Up:

Clark Howard

On Air Now

Bill LuMaye

Bill LuMaye

3:00pm - 7:00pm
Call: 919-860-WPTF (9783)

Next Up:

Jason Lewis

Advertisements

Listener Club Login

Club Login
Sign up if you are not already a member