Investor’s Guide

Credit Ratings

The following table provides the State’s current credit ratings on all its State-related bond-financed programs.

Current Credit Ratings on New York State Debt
  Standard & Poor’s Fitch Moody’s1
Personal Income Tax Bonds (PIT) AAA AA NR
General Obligation (GO) AA AA Aa2
Local Government Assistance Corporation (LGAC) AAA AA Aa2
Dedicated Highway and Bridge Trust Fund AA AA NR
Mental Health Services Facilities Improvement Revenue AA- AA- NR
Department of Health AA- AA- NR
State University of New York Dormitory Revenue AA- AA- Aa2
Tobacco Bonds AA- AA- NR
Municipal Bond Bank Agency (MBBA) Special Schools Revenue A+ AA- NR
Service Contract/Appropriation Credits2 AA- AA- NR
       
  1. Moody’s rating not applied for except on GO, LGAC and SUNY Dormitory Bond debt. “NR” – not rated.
  2. Includes programs that have been separately bond-financed-for in the past (i.e. CHIPs, SUNY Academic Facilities, etc.) and are now replaced by PIT financing.

 

To verify information presented here or request additional information, please visit the Contact Information page.

 

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