Maryland receives AAA bond rating

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Maryland retains its AAA bond rating. State Treasurer Nancy Kopp announcing all three bond rating agencies affirmed the AAA bond rating with stable outlooks, leading into the sale of state bonds next week. Kopp says the rating affirms the state’s commitment to smart financial management and overall fiscal strength, which she attributes to a diverse economy, educated workforce, and above-average wealth and income levels. Maryland is one of 11 states with a AAA bond rating, as is Delaware and Virginia.