Leading Independent, Credit Rating Agencies Affirm New York City’s Strong Financial Standing

NEW YORK – New York City Mayor Eric Adams today highlighted recent affirmations of the city’s bond ratings based upon strong fiscal management by four internationally-recognized, independent credit rating agencies — Moody’s Investors Service, S&P Global Ratings, Fitch Ratings, and Kroll Bond Rating Agency (KBRA). Maintaining a strong bond rating is an indication of the city’s financial strength and encourages continued investment in the city’s bonds, which help support funding to build and maintain schools, streets, parks, and other critical infrastructure that spans the five boroughs.
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Source: The Office of the Mayor
