CARSON CITY — The three major credit rating agencies have reaffirmed Nevada’s credit rating as being strong, according to Nevada State Treasurer Dan Schwartz. Moody’s, Fitch and S&P confirmed their Aa2, AA+ and AA ratings respectively on Nevada’s general obligation debt.
Schwartz, whose office is the representative of the state in matters concerning credit rating agencies, said, “Today’s announcement underscores that our state is headed in the right direction. We will continue to borrow at the lowest rates, saving taxpayers millions of dollars in interest costs.
“Despite the naysayers, we can all be proud of what our state continues to accomplish.”
