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Moody's gives Rochester bonds top rating

 
Moody's gives Rochester bonds top rating
Posted Wednesday, February 26th 2014 @ 5pm  by Bud Lowell

Moody's Investor Services has given the City of Rochester it's highest bond rating.

Moody’s says the city's short-term bonds are "Best Quality" -- an Aa3 rating.

That means Moody's thinks Rochester's financial position is stable despite the city's challenges, and it thinks the city has enough financial reserves to meet its obligations.

 

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