Oklahoma City receives Aaa bond rating from Moody’s and AAA from S&P
03/14/2023
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Moody’s Investors Service and S&P Global Ratings have each affirmed the City of Oklahoma City’s high bond rating with a stable long-term outlook.
Moody’s affirmed the City’s Aaa rating and stable outlook in a March 9, 2023, report and S&P affirmed its AAA rating in a Feb. 28, 2023, report. The triple-A ratings are the highest awarded by each agency. It’s the 15th year in a row OKC achieved the highest rating.
“Our Aaa and AAA ratings are the result of longstanding conservative financial management combined with a growing and diversified economy, strong financial policies, robust budgetary performance and solid debt and contingent liability position,” said Finance Director Brent Bryant.
These ratings are used to price bonds the City sells to fund the bond package included in the Better Streets, Safer City infrastructure investment program.
These ratings keep Oklahoma City in an elite group of major American municipalities with the highest possible rating. Oklahoma City is only one of eleven cities in the United States with a population of 690,000 or more that have triple-A ratings.
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Media Contact: Kristy Yager, (405) 297-2550, kristy.yager@okc.gov
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City Hall, 200 N Walker Ave., Oklahoma City, OK 73102
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