Minnesota maintains AAA bond ratings from credit rating agencies
Published: Aug. 3, 2023 at 10:00 AM CDT
ST. PAUL, Minn. (KEYC) - Governor Tim Walz announced that Minnesota earned the highest bond rating achievable.
According to Gov. Walz, this is the second year in a row the state has received top bond ratings from all three major rating agencies.
Fitch listed Minnesota’s steadily-growing and broad-based economy, educated workforce and growing population as reasons for the Triple-A status.
High bond ratings help keep the cost of borrowing for future investments low.
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