September 18, 2024

Montgomery County Secures ‘Triple-A’ Bond Rating for 52nd Consecutive Year, Underscoring Decades of Fiscal Excellence and Strong Management

Montgomery County Secures ‘Triple-A’ Bond Rating for 52nd Consecutive Year, Underscoring Decades of Fiscal Excellence and Strong Management

Montgomery County has extended its streak of earning the highest possible bond ratings from all three major Wall Street bond rating agencies. By maintaining its “Triple-A (AAA or Aaa)” bond ratings for 2024, the County remains a top-rated issuer of municipal securities, holding the highest credit ratings achievable by a local government.

Moody’s Investors Service, Inc., Standard & Poor’s and Fitch Ratings all affirmed the AAA ratings—the highest achievable—for the County. Montgomery County has earned AAA ratings from Moody's Investors Service, Inc. every year since 1973 (52 consecutive years), from Standard & Poor’s every year since 1976 (49 consecutive years) and from Fitch every year since 1991 (34 consecutive years).