Credit Ratings

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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 Kroll
Personal Income Tax Bonds (PIT) AA+ AA+ Aa1 AAA
Sales Tax Revenue Bonds AA+ AA+ Aa1 NR
General Obligation (GO) AA+ AA+ Aa1 AA+
Dedicated Highway and Bridge Trust Fund AA+ AA+ NR NR
Department of Health AA AA NR NR
Municipal Bond Bank Agency (MBBA) Special Schools Revenue AA AA NR NR
Service Contract / Appropriation Credits2 AA AA NR NR
  1. “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.