Travis County retains top bond rating to keep borrowing costs down

Travis County’s "AAA" bond ratings were re-affirmed Monday by Moody’s Investor Service and S&P Global Ratings.
The "AAA" bond ratings — the highest rating offered by the agencies — comes as Travis County, with Austin as its seat, prepares for an April 18 bond sale.
Bond ratings are used by lenders to determine the interest rate that cities, counties and other government bodies must pay to borrow money. A higher bond rating, such as AAA, means an entity will pay lower interest on money borrowed.

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal

#Austin Check out URLinkedUp >


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s