VOTE FOR YOUR FAVORITE MANIC MONDAY MELTDOWN Watch WJZ-TV On Monday, Nov. 24 For The Mammoth Manic Monday Meltdown 2014 Starting At 5 a.m.

Local

Md. Treasurer Says Moody’s Revises Bond Outlook

View Comments
wjzlogo

ANNAPOLIS, Md. (AP) — Moody’s Investors Service has revised its outlook on Maryland general obligation bonds from negative to stable.

State Treasurer Nancy Kopp noted the change on Friday.

Kopp says while Maryland has certain linkages to the federal government, state fiscal officials are happy the revised outlook refocuses attention to Maryland’s financial management policies.

Moody’s had assigned Maryland a negative outlook for 2011, citing ties to the federal government.

Maryland is scheduled to have a sale of general obligation bonds on Wednesday. The sale will include $435 million of tax-exempt bonds and $40 million of taxable bonds.

(Copyright 2013 by The Associated Press. All Rights Reserved.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 3,408 other followers