Our sound and prudent fiscal practices have won us the highest short-term and long-term ratings in years.
S.& P. said it had assigned its highest short-term rating of SP-1+ to today's $850 million competitive offering.
Fitch's short-term ratings indicate the potential level of default within a 12-month period.
At the same time, we are affirming the 'A-1+' short-term rating on the EU.
The notes, which carry the top short-term rating from various agencies, will be repaid with proceeds of bonds the authority expects to sell next spring.
"I would emphasize that we still have the long-term and short-term ratings at investment-grade level," he added.
A short-term rating is a probability factor of an individual going into default within a year.
Therefore, some rating agencies simply report short-term ratings.
These are the highest short-term ratings from each agency.
And it awarded the county its top short-term rating for $120 million in tax anticipation notes the county will seek next week.