Md. To Keep AAA Bond Rating From Moody’s

ANNAPOLIS, Md. (AP) — Maryland will keep its AAA bond rating from the ratings agency Moody’s Investors Service.

The ratings agency confirmed Thursday that Maryland and four other states will keep their AAA ratings. Moody’s had previously put the states on notice for a possible downgrade.

The agency said the states would keep their rating because the federal government has raised the debt ceiling and avoided a U.S. default.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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