S&P Global Ratings State Ratings History | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
As of July 25, 2024 | ||||||||||
State | Date | Action | Rating | Outlook/CreditWatch | ||||||
Alabama |
Oct. 7, 2004 | Outlook change | AA | Stable | ||||||
Nov. 20, 2003 | Outlook change | AA | Negative | |||||||
Feb. 7, 1992 | Outlook assigned | AA | Stable | |||||||
March 9, 1976 | Rating assigned | AA | ||||||||
March 8, 1968 | Rating withdrawn | NR | ||||||||
Dec. 31, 1960 | Initial rating | AA | ||||||||
Alaska |
April 30, 2024 | Rating upgrade | AA | Stable | ||||||
March 21, 2022 | Outlook change | AA- | Positive | |||||||
May 4, 2021 | Outlook change | AA- | Stable | |||||||
April 17, 2020 | Rating downgrade | AA- | Negative | |||||||
June 8, 2018 | Outlook change | AA | Stable | |||||||
July 18, 2017 | Rating downgrade | AA | Negative | |||||||
June 20, 2017 | On CreditWatch | AA+ | Watch Neg | |||||||
Oct. 27, 2016 | Off CreditWatch | AA+ | Negative | |||||||
Oct. 7, 2016 | On CreditWatch | AA+ | Watch Neg | |||||||
Aug. 22, 2016 | Off CreditWatch | AA+ | Negative | |||||||
June 9, 2016 | On CreditWatch | AA+ | Watch Neg | |||||||
Jan. 5, 2016 | Rating downgrade | AA+ | Negative | |||||||
Aug. 18, 2015 | Outlook change | AAA | Negative | |||||||
Jan. 5, 2012 | Rating upgrade | AAA | Stable | |||||||
March 27, 2008 | Rating upgrade | AA+ | Stable | |||||||
Mar. 20, 2003 | Rating assigned | AA | Stable | |||||||
Jan. 21, 2000 | Rating withdrawn | NR | ||||||||
Aug. 5, 1992 | Rating upgrade | AA | Stable | |||||||
June 14, 1980 | Rating upgrade | AA- | ||||||||
Jan. 23, 1975 | Rating upgrade | A+ | ||||||||
June 4, 1971 | Initial rating | A | ||||||||
Arizona |
July 25, 2024 | Outlook change | AA (ICR) | Positive | ||||||
May 20, 2015 | Rating upgrade | AA (ICR) | Stable | |||||||
Nov. 26, 2013 | Outlook change | AA- (ICR) | Positive | |||||||
Dec. 21, 2011 | Outlook change | AA- (ICR) | Stable | |||||||
Dec. 23, 2009 | Rating downgrade | AA- (ICR) | Negative | |||||||
Aug. 19, 2009 | Outlook change | AA (ICR) | Negative | |||||||
Aug. 24, 2004 | Initial rating | AA (ICR) | Stable | |||||||
Arkansas |
May 2, 2024 | Outlook change | AA | Positive | ||||||
July 24, 1991 | Outlook assigned | AA | Stable | |||||||
July 11, 1985 | Rating assigned | AA | ||||||||
Aug. 14, 1972 | Rating withdrawn | NR | ||||||||
Jan. 25, 1966 | Initial rating | AA | ||||||||
California |
Dec. 15, 2023 | Outlook change | AA- | Stable | ||||||
Sept. 2, 2021 | Outlook change | AA- | Positive | |||||||
July 2, 2015 | Rating upgrade | AA- | Stable | |||||||
May 21, 2015 | On CreditWatch | A+ | Watch Pos | |||||||
Nov. 5, 2014 | Rating upgrade | A+ | Stable | |||||||
Jan. 14, 2014 | Outlook change | A | Positive | |||||||
Jan. 31, 2013 | Rating upgrade | A | Stable | |||||||
Feb. 14, 2012 | Outlook change | A- | Positive | |||||||
July 7, 2011 | Outlook change | A- | Stable | |||||||
Jan. 13, 2010 | Rating downgrade | A- | Negative | |||||||
Aug. 18, 2009 | Off CreditWatch | A | Negative | |||||||
June 15, 2009 | On CreditWatch | A | Watch Neg | |||||||
Feb. 2, 2009 | Rating downgrade | A | Stable | |||||||
Dec. 10, 2008 | On CreditWatch | A+ | Watch Neg | |||||||
Oct. 21, 2008 | Off CreditWatch | A+ | Stable | |||||||
Oct. 10, 2008 | On CreditWatch | A+ | Watch Neg | |||||||
Nov. 20, 2007 | Outlook change | A+ | Stable | |||||||
June 11, 2007 | Outlook change | A+ | Positive | |||||||
May 17, 2006 | Rating upgrade | A+ | Stable | |||||||
Aug. 24, 2004 | Rating upgrade | A | Stable | |||||||
March 3, 2004 | On CreditWatch | BBB | Watch Pos | |||||||
July 24, 2003 | Rating downgrade | BBB | Stable | |||||||
July 2, 2003 | On CreditWatch | A | Watch Neg | |||||||
Dec. 19, 2002 | Rating downgrade | A | Stable | |||||||
June 28, 2001 | Off CreditWatch | A+ | Negative | |||||||
April 24, 2001 | Rating downgrade | A+ | Watch Neg | |||||||
Jan. 19, 2001 | On CreditWatch | AA | Watch Neg | |||||||
Sept. 7, 2000 | Rating upgrade | AA | Stable | |||||||
Aug. 10, 1999 | Rating upgrade | AA- | Stable | |||||||
July 30, 1996 | Rating upgrade | A+ | Stable | |||||||
July 15, 1994 | Rating downgrade | A | Stable | |||||||
Feb. 9, 1994 | Outlook change | A+ | Negative | |||||||
July 15, 1992 | Rating downgrade | A+ | Stable | |||||||
April 28, 1992 | Outlook change | AA | Negative | |||||||
Dec. 13, 1991 | Rating downgrade | AA | Stable | |||||||
Aug. 5, 1991 | Outlook assigned | AAA | Negative | |||||||
July 25, 1986 | Rating upgrade | AAA | ||||||||
Feb. 20, 1985 | Rating upgrade | AA+ | ||||||||
Jan. 21, 1983 | Rating downgrade | AA | ||||||||
Jan. 22, 1980 | Rating downgrade | AA+ | ||||||||
May 3, 1968 | Initial rating | AAA | ||||||||
Colorado |
June 7, 2018 | Outlook change | AA (ICR) | Stable | ||||||
Nov. 16, 2017 | Outlook change | AA (ICR) | Negative | |||||||
July 10, 2007 | Initial rating | AA (ICR) | Stable | |||||||
Connecticut |
Nov. 21, 2022 | Rating upgrade | AA- | Stable | ||||||
May 23, 2022 | Outlook change | A+ | Positive | |||||||
May 13, 2021 | Rating upgrade | A+ | Stable | |||||||
April 2, 2020 | Outlook change | A | Stable | |||||||
March 19, 2019 | Outlook change | A | Positive | |||||||
April 13, 2018 | Rating downgrade | A | Stable | |||||||
Oct. 13, 2017 | Outlook change | A+ | Negative | |||||||
May 17, 2017 | Rating downgrade | A+ | Stable | |||||||
Nov. 30, 2016 | Outlook change | AA- | Negative | |||||||
May 19, 2016 | Rating downgrade | AA- | Stable | |||||||
March 9, 2015 | Outlook change | AA | Negative | |||||||
Sept. 26, 2003 | Outlook change | AA | Stable | |||||||
Aug. 16, 2002 | Outlook change | AA | Negative | |||||||
Oct. 8, 1998 | Rating upgrade | AA | Stable | |||||||
Aug. 7, 1997 | Outlook change | AA- | Positive | |||||||
Sept. 13, 1991 | Rating downgrade | AA- | Stable | |||||||
March 29, 1990 | Rating downgrade | AA | ||||||||
June 13, 1986 | Rating upgrade | AA+ | ||||||||
Nov. 24, 1984 | Rating upgrade | AA | ||||||||
Aug. 26, 1981 | Rating downgrade | AA- | ||||||||
June 5, 1975 | Rating downgrade | AA | ||||||||
July 9, 1963 | Initial rating | AAA | ||||||||
Delaware |
Feb. 22, 2000 | Rating upgrade | AAA | Stable | ||||||
March 25, 1988 | Rating upgrade | AA+ | Stable | |||||||
June 10, 1981 | Rating upgrade | AA | ||||||||
Aug. 16, 1979 | Rating upgrade | AA- | ||||||||
March 21, 1977 | Rating downgrade | A+ | ||||||||
June 25, 1971 | Rating downgrade | AA | ||||||||
July 9, 1963 | Initial rating | AAA | ||||||||
Florida |
July 12, 2011 | Outlook change | AAA | Stable | ||||||
Jan. 14, 2009 | Outlook change | AAA | Negative | |||||||
Feb. 25, 2005 | Rating upgrade | AAA | Stable | |||||||
April 3, 1997 | Rating upgrade | AA+ | Stable | |||||||
May 28, 1991 | Outlook assigned | AA | Stable | |||||||
June 11, 1968 | Initial rating | AA | ||||||||
Georgia |
July 29, 1997 | Rating upgrade | AAA | Stable | ||||||
May 2, 1995 | Outlook change | AA+ | Positive | |||||||
Feb. 25, 1992 | Outlook assigned | AA+ | Stable | |||||||
March 6, 1986 | Rating upgrade | AA+ | ||||||||
Aug. 5, 1974 | Initial rating | AA | ||||||||
Hawaii |
Sept. 21, 2021 | Outlook change | AA+ | Stable | ||||||
April 20, 2020 | Outlook change | AA+ | Negative | |||||||
Sept. 12, 2016 | Rating upgrade | AA+ | Stable | |||||||
March 1, 2016 | Outlook change | AA | Positive | |||||||
Oct. 22, 2014 | Outlook change | AA | Stable | |||||||
Oct. 9, 2013 | Outlook change | AA | Positive | |||||||
Jan. 29, 2007 | Rating upgrade | AA | Stable | |||||||
May 13, 2005 | Outlook change | AA- | Positive | |||||||
Feb. 5, 2002 | Off CreditWatch | AA- | Stable | |||||||
Oct. 3, 2001 | On CreditWatch | AA- | Watch Neg | |||||||
July 17, 2001 | Rating upgrade | AA- | Stable | |||||||
Oct. 3, 2000 | Outlook change | A+ | Positive | |||||||
March 21, 1997 | Rating downgrade | A+ | Stable | |||||||
Dec. 11, 1996 | On CreditWatch | AA | Watch Neg | |||||||
Aug. 28, 1996 | Outlook change | AA | Stable | |||||||
Aug. 31, 1995 | Outlook change | AA | Negative | |||||||
Feb. 23, 1993 | Outlook assigned | AA | Stable | |||||||
March 5, 1968 | Initial rating | AA | ||||||||
Idaho |
March 29, 2011 | Rating upgrade | AA+ (ICR) | Stable | ||||||
July 20, 2009 | Outlook change | AA (ICR) | Stable | |||||||
June 20, 2008 | Outlook change | AA (ICR) | Positive | |||||||
July 26, 2007 | Rating assigned | AA (ICR) | Stable | |||||||
March 18, 1987 | Rating withdrawn | NR | ||||||||
March 26, 1980 | Rating assigned | AA | ||||||||
June 4, 1970 | Rating withdrawn | NR | ||||||||
May 10, 1963 | Rating upgrade | AA | ||||||||
March 10, 1958 | Initial rating | A+ | ||||||||
Illinois |
Feb. 23, 2023 | Rating upgrade | A- | Stable | ||||||
May 6, 2022 | Rating upgrade | BBB+ | Stable | |||||||
Nov. 18, 2021 | Outlook change | BBB | Positive | |||||||
July 8, 2021 | Rating upgrade | BBB | Stable | |||||||
March 9, 2021 | Outlook change | BBB- | Stable | |||||||
April 3, 2020 | Outlook change | BBB- | Negative | |||||||
July 12, 2017 | Off CreditWatch | BBB- | Stable | |||||||
June 1, 2017 | Rating downgrade | BBB- | Watch Neg | |||||||
Sept. 30, 2016 | Rating downgrade | BBB | Negative | |||||||
June 9, 2016 | Rating downgrade | BBB+ | Negative | |||||||
Dec. 23, 2015 | Off CreditWatch | A- | Negative | |||||||
May 8, 2015 | On CreditWatch | A- | Watch Neg | |||||||
July 23, 2014 | Outlook change | A- | Negative | |||||||
Dec. 10, 2013 | Outlook change | A- | Developing | |||||||
Jan. 25, 2013 | Rating downgrade | A- | Negative | |||||||
Aug. 29, 2012 | Rating downgrade | A | Negative | |||||||
Jan. 25, 2011 | Off CreditWatch | A+ | Negative | |||||||
March 26, 2010 | On CreditWatch | A+ | Watch Neg | |||||||
Dec. 10, 2009 | Rating downgrade | A+ | Negative | |||||||
Aug. 19, 2009 | Outlook change | AA- | Negative | |||||||
March 10, 2009 | Rating downgrade | AA- | Stable | |||||||
Dec, 10, 2008 | On CreditWatch | AA | Watch Neg | |||||||
Aug. 16, 2005 | Outlook change | AA | Stable | |||||||
May 13, 2003 | Outlook change | AA | Negative | |||||||
Jan. 29, 2002 | Outlook change | AA | Stable | |||||||
June 8, 2000 | Outlook change | AA | Positive | |||||||
July 17, 1997 | Rating upgrade | AA | Stable | |||||||
Aug. 27, 1996 | Outlook change | AA- | Positive | |||||||
Aug. 7, 1992 | Rating downgrade | AA- | Stable | |||||||
Feb. 3, 1992 | Outlook change | AA | Negative | |||||||
Aug. 2, 1991 | Rating downgrade | AA | Stable | |||||||
May 14, 1991 | On CreditWatch | AA+ | Watch Neg | |||||||
March 17, 1983 | Rating downgrade | AA+ | ||||||||
Feb. 16, 1979 | Initial rating | AAA | ||||||||
Indiana |
July 18, 2008 | Rating upgrade | AAA (ICR) | Stable | ||||||
Jan. 23, 2006 | Rating upgrade | AA+ (ICR) | Stable | |||||||
June 29,2005 | Outlook change | AA (ICR) | Positive | |||||||
Jan. 20, 2004 | Rating downgrade | AA (ICR) | Stable | |||||||
Jan. 18, 2002 | Outlook change | AA+ (ICR) | Negative | |||||||
Dec. 18, 1997 | Initial rating | AA+ (ICR) | Stable | |||||||
Iowa |
Sept. 11, 2008 | Rating upgrade | AAA (ICR) | Stable | ||||||
Oct. 5, 2001 | Rating assigned | AA+ (ICR) | Stable | |||||||
Aug. 27, 1974 | Rating withdrawn | NR | ||||||||
May 14, 1963 | Initial rating | AAA | ||||||||
Kansas |
Feb. 28, 2023 | Outlook change | AA- (ICR) | Positive | ||||||
May 4, 2018 | Outlook change | AA- (ICR) | Stable | |||||||
Feb. 8, 2017 | Outlook change | AA- (ICR) | Negative | |||||||
July 26, 2016 | Rating downgrade | AA- (ICR) | Stable | |||||||
April 25, 2016 | On CreditWatch | AA (ICR) | Watch Neg | |||||||
Aug. 6, 2014 | Rating downgrade | AA (ICR) | Negative | |||||||
July 20, 2005 | Outlook change | AA+ (ICR) | Stable | |||||||
Aug. 7, 2002 | Outlook change | AA+ (ICR) | Negative | |||||||
Oct. 10, 1997 | Initial rating | AA+ (ICR) | Stable | |||||||
Kentucky |
June 29, 2023 | Rating upgrade | A+ (ICR) | Stable | ||||||
Jan. 28, 2022 | Outlook change | A (ICR) | Positive | |||||||
May 18, 2018 | Rating downgrade | A (ICR) | Stable | |||||||
Jan. 11, 2017 | Outlook change | A+ (ICR) | Negative | |||||||
Sept. 3, 2015 | Rating downgrade | A+ (ICR) | Stable | |||||||
Jan. 31, 2013 | Outlook change | AA- (ICR) | Negative | |||||||
June 23, 2009 | Outlook change | AA- (ICR) | Stable | |||||||
Jan. 18, 2007 | Outlook change | AA- (ICR) | Positive | |||||||
Oct. 9, 2002 | Rating downgrade | AA- (ICR) | Stable | |||||||
June 7, 2002 | On CreditWatch | AA (ICR) | Watch Neg | |||||||
Oct. 26, 2001 | Outlook change | AA (ICR) | Negative | |||||||
March 11, 1997 | Rating assigned | AA (ICR) | Stable | |||||||
Aug. 1, 1995 | Rating withdrawn | NR | ||||||||
Jan. 5, 1966 | Initial rating | AA | ||||||||
Louisiana |
March 20, 2024 | Rating upgrade | AA | Stable | ||||||
March 31, 2023 | Outlook change | AA- | Positive | |||||||
Aug. 24, 2018 | Outlook change | AA- | Stable | |||||||
March 15, 2017 | Rating downgrade | AA- | Negative | |||||||
Feb. 13, 2015 | Outlook change | AA | Negative | |||||||
May 4, 2011 | Rating upgrade | AA | Stable | |||||||
Oct. 9, 2009 | Rating upgrade | AA- | Stable | |||||||
July 1, 2008 | Rating upgrade | A+ | Stable | |||||||
Aug. 24, 2006 | Outlook change | A | Stable | |||||||
Nov. 30, 2005 | Rating downgrade | A | Negative | |||||||
Aug. 29, 2005 | On CreditWatch | A+ | Watch Neg | |||||||
April 29, 2003 | Rating upgrade | A+ | Stable | |||||||
Nov. 20, 2000 | Rating upgrade | A | Stable | |||||||
March 14, 1997 | Outlook change | A- | Stable | |||||||
July 17, 1995 | Rating downgrade | A- | Negative | |||||||
Feb. 15, 1995 | On CreditWatch | A | Watch Neg | |||||||
Dec. 19, 1990 | Rating upgrade | A | Stable | |||||||
Feb. 12, 1988 | Rating downgrade | BBB+ | ||||||||
Feb. 11, 1987 | Rating downgrade | A- | ||||||||
April 3, 1986 | Rating downgrade | A | ||||||||
Dec. 13, 1984 | Rating downgrade | AA- | ||||||||
Aug. 12, 1969 | Rating upgrade | AA | ||||||||
Sept. 11, 1968 | Initial rating | A | ||||||||
Maine |
May 24, 2012 | Outlook change | AA | Stable | ||||||
March 10, 2010 | Outlook change | AA | Negative | |||||||
May 14, 2007 | Rating upgrade | AA | Stable | |||||||
May 31, 2005 | Rating downgrade | AA- | Stable | |||||||
May 27, 2004 | Rating downgrade | AA | Stable | |||||||
Nov. 13, 2002 | Outlook change | AA+ | Negative | |||||||
March 29, 1994 | Outlook change | AA+ | Stable | |||||||
Feb. 10, 1992 | Outlook change | AA+ | Negative | |||||||
June 6, 1991 | Rating downgrade | AA+ | Stable | |||||||
Oct. 22, 1978 | Initial rating | AAA | ||||||||
Maryland |
May 7, 1992 | Outlook assigned | AAA | Stable | ||||||
Jan. 16, 1961 | Initial rating | AAA | ||||||||
Massachusetts |
April 14, 2023 | Rating upgrade | AA+ | Stable | ||||||
Oct. 7, 2022 | Outlook change | AA | Positive | |||||||
June 9, 2017 | Rating downgrade | AA | Stable | |||||||
Nov. 23, 2015 | Outlook change | AA+ | Negative | |||||||
Sept. 16, 2011 | Rating upgrade | AA+ | Stable | |||||||
Feb. 7, 2011 | Outlook change | AA | Positive | |||||||
March 15, 2005 | Rating upgrade | AA | Stable | |||||||
Oct. 23, 2001 | Outlook change | AA- | Stable | |||||||
Jan. 14, 2000 | Outlook change | AA- | Positive | |||||||
Oct. 29, 1997 | Rating upgrade | AA- | Stable | |||||||
Nov. 15, 1994 | Outlook change | A+ | Positive | |||||||
Oct. 13, 1993 | Rating upgrade | A+ | Stable | |||||||
Sept. 9, 1992 | Rating upgrade | A | Stable | |||||||
Dec. 13, 1989 | Rating downgrade | BBB | ||||||||
July 19, 1989 | Rating downgrade | A | ||||||||
June 27, 1989 | Rating downgrade | AA- | ||||||||
May 17, 1989 | Rating downgrade | AA | ||||||||
Feb. 9, 1988 | Rating upgrade | AA+ | ||||||||
June 27, 1984 | Rating upgrade | AA | ||||||||
May 20, 1980 | Rating downgrade | AA- | ||||||||
June 24, 1975 | Rating downgrade | AA | ||||||||
Nov. 14, 1968 | Initial rating | AAA | ||||||||
Michigan |
June 30, 2021 | Outlook change | AA | Stable | ||||||
July 14, 2020 | Outlook change | AA | Negative | |||||||
July 23, 2018 | Rating upgrade | AA | Stable | |||||||
Sept. 5, 2017 | Outlook change | AA- | Positive | |||||||
March 17, 2016 | Outlook change | AA- | Stable | |||||||
July 20, 2015 | Outlook change | AA- | Positive | |||||||
June 17, 2014 | Outlook change | AA- | Stable | |||||||
April 2, 2013 | Outlook change | AA- | Positive | |||||||
May 22, 2007 | Rating downgrade | AA- | Stable | |||||||
Aug. 9, 2006 | Outlook change | AA | Negative | |||||||
March 30, 2005 | Rating downgrade | AA | Stable | |||||||
Dec. 30, 2003 | Rating downgrade | AA+ | Stable | |||||||
Nov. 3, 2003 | On CreditWatch | AAA | Watch Neg | |||||||
Mar. 17, 2003 | Outlook change | AAA | Negative | |||||||
Sept. 27, 2000 | Rating upgrade | AAA | Stable | |||||||
Jan. 20, 1998 | Rating upgrade | AA+ | Stable | |||||||
March 22, 1994 | Outlook change | AA | Stable | |||||||
June 2, 1992 | Outlook assigned | AA | Negative | |||||||
Oct. 23, 1989 | Rating upgrade | AA | ||||||||
April 24, 1986 | Rating upgrade | AA- | ||||||||
June 9, 1980 | Rating downgrade | A+ | ||||||||
Sept. 22, 1976 | Rating downgrade | AA- | ||||||||
Nov. 30, 1959 | Initial rating | AAA | ||||||||
Minnesota |
Aug. 26, 2021 | Outlook change | AAA | Stable | ||||||
Aug. 3, 2020 | Outlook change | AAA | Negative | |||||||
July 25, 2018 | Rating upgrade | AAA | Stable | |||||||
June 30, 2017 | Off CreditWatch | AA+ | Stable | |||||||
June 15, 2017 | On CreditWatch | AA+ | Watch Neg | |||||||
Aug. 5, 2015 | Outlook change | AA+ | Positive | |||||||
Sept. 23, 2011 | Rating downgrade | AA+ | Stable | |||||||
July 24, 1997 | Rating upgrade | AAA | Stable | |||||||
May 2, 1996 | Outlook change | AA+ | Positive | |||||||
March 19, 1993 | Outlook change | AA+ | Stable | |||||||
June 10, 1992 | Outlook change | AA+ | Negative | |||||||
July 22, 1991 | Outlook assigned | AA+ | Stable | |||||||
Jan. 11, 1985 | Rating upgrade | AA+ | ||||||||
March 5, 1982 | Rating downgrade | AA | ||||||||
July 22, 1981 | Rating downgrade | AA+ | ||||||||
June 25, 1976 | Rating assigned | AAA | ||||||||
Dec. 2, 1975 | Rating withdrawn | NR | ||||||||
Feb. 1, 1971 | Initial rating | AAA | ||||||||
Mississippi |
March 1, 2024 | Outlook change | AA | Negative | ||||||
Sept. 7, 2018 | Outlook change | AA | Stable | |||||||
May 1, 2017 | Outlook change | AA | Negative | |||||||
Nov. 30, 2005 | Off CreditWatch | AA | Stable | |||||||
Aug. 29, 2005 | On CreditWatch | AA | Watch Neg | |||||||
Aug. 16, 1996 | Rating upgrade | AA | Stable | |||||||
April 18, 1994 | Outlook change | AA- | Positive | |||||||
Nov. 19, 1991 | Outlook assigned | AA- | Stable | |||||||
Oct. 17, 1977 | Rating upgrade | AA- | ||||||||
July 22, 1974 | Rating upgrade | A+ | ||||||||
Feb. 21, 1974 | Initial rating | A | ||||||||
Missouri |
Feb. 9, 2023 | Rating assigned | AAA (ICR) | Stable | ||||||
Feb. 16, 1994 | Outlook change | AAA | Stable | |||||||
July 2, 1992 | Outlook assigned | AAA | Negative | |||||||
May 2, 1962 | Initial rating | AAA | ||||||||
Montana |
Nov. 14, 2023 | Rating withdrawn | NR | -- | ||||||
May 5, 2008 | Rating upgrade | AA | Stable | |||||||
June 28, 2007 | Outlook change | AA- | Positive | |||||||
Feb. 15, 1994 | Outlook change | AA- | Stable | |||||||
Aug. 26, 1992 | Outlook assigned | AA- | Negative | |||||||
Oct. 22, 1986 | Rating downgrade | AA- | ||||||||
Jan. 31, 1975 | Initial rating | AA | ||||||||
Nebraska |
May 5, 2011 | Rating upgrade | AAA (ICR) | Stable | ||||||
Oct. 11, 2006 | Initial rating | AA+ (ICR) | Stable | |||||||
Nevada |
Sept. 22, 2021 | Outlook change | AA+ | Stable | ||||||
April 20, 2020 | Outlook change | AA+ | Negative | |||||||
Nov. 7, 2019 | Rating upgrade | AA+ | Stable | |||||||
Sept. 20, 2018 | Outlook change | AA | Positive | |||||||
March 10, 2011 | Rating downgrade | AA | Stable | |||||||
June 23, 2006 | Rating upgrade | AA+ | Stable | |||||||
March 10, 2005 | Outlook change | AA | Positive | |||||||
July 11, 1986 | Rating assigned | AA | Stable | |||||||
New Hampshire |
March 25, 2024 | Rating upgrade | AA+ | Stable | ||||||
March 2, 2022 | Outlook change | AA | Positive | |||||||
April 2, 2020 | Outlook change | AA | Stable | |||||||
Feb. 12, 2020 | Outlook change | AA | Positive | |||||||
Dec. 8, 2014 | Outlook change | AA | Stable | |||||||
April 21, 2014 | Outlook change | AA | Negative | |||||||
Dec. 4, 2003 | Rating downgrade | AA | Stable | |||||||
Nov. 22, 1995 | Rating upgrade | AA+ | Stable | |||||||
Nov. 29, 1993 | Outlook change | AA | Positive | |||||||
June 14, 1991 | Outlook assigned | AA | Stable | |||||||
May 2, 1986 | Rating upgrade | AA+ | ||||||||
Jan. 18, 1985 | Rating upgrade | AA | ||||||||
Aug. 5, 1983 | Rating assigned | AA- | ||||||||
Oct. 2, 1970 | Rating withdrawn | NR | ||||||||
July 22, 1963 | Initial rating | AAA | ||||||||
New Jersey |
Apr. 12, 2023 | Rating Upgrade | A | Stable | ||||||
Aug. 19, 2022 | Outlook change | A- | Positive | |||||||
March 31, 2022 | Rating upgrade | A- | Stable | |||||||
Aug. 3, 2021 | Outlook change | BBB+ | Positive | |||||||
Nov. 6, 2020 | Rating downgrade | BBB+ | Stable | |||||||
April 29, 2020 | Outlook change | A- | Negative | |||||||
Aug. 25, 2017 | Outlook change | A- | Stable | |||||||
Nov. 14, 2016 | Rating downgrade | A- | Negative | |||||||
March 22, 2016 | Outlook change | A | Negative | |||||||
Sept. 10, 2014 | Rating downgrade | A | Stable | |||||||
June 2, 2014 | On CreditWatch | A+ | Watch Neg | |||||||
April 9, 2014 | Rating downgrade | A+ | Stable | |||||||
Sept. 18, 2012 | Outlook change | AA- | Negative | |||||||
Feb. 9, 2011 | Rating downgrade | AA- | Stable | |||||||
July 19, 2005 | Rating upgrade | AA | Stable | |||||||
July 27, 2004 | Rating downgrade | AA- | Stable | |||||||
June 4, 2002 | Rating downgrade | AA | Stable | |||||||
Jan. 11, 2002 | On CreditWatch | AA+ | Watch Neg | |||||||
July 26, 1994 | Outlook change | AA+ | Stable | |||||||
July 13, 1992 | Off CreditWatch | AA+ | Negative | |||||||
June 8, 1992 | On CreditWatch | AA+ | Watch Neg | |||||||
July 3, 1991 | Rating downgrade | AA+ | Stable | |||||||
Feb. 2, 1961 | Initial rating | AAA | ||||||||
New Mexico |
April 30, 2021 | Outlook change | AA | Stable | ||||||
May 19, 2020 | Outlook change | AA | Negative | |||||||
Sept. 12, 2018 | Outlook change | AA | Stable | |||||||
Nov. 10, 2016 | Rating downgrade | AA | Negative | |||||||
Nov. 26, 2014 | Outlook change | AA+ | Negative | |||||||
Feb. 5, 1999 | Outlook change | AA+ | Stable | |||||||
Feb. 6, 1997 | Outlook change | AA+ | Negative | |||||||
Oct. 25, 1993 | Rating upgrade | AA+ | Stable | |||||||
April 16, 1992 | Outlook assigned | AA | Stable | |||||||
May 23, 1980 | Initial rating | AA | ||||||||
New York |
June 11, 2021 | Outlook change | AA+ | Stable | ||||||
Dec. 11, 2020 | Outlook change | AA+ | Negative | |||||||
July 23, 2014 | Rating upgrade | AA+ | Stable | |||||||
Aug. 27, 2012 | Outlook change | AA | Positive | |||||||
Sept. 21, 2004 | Outlook change | AA | Stable | |||||||
May 16, 2003 | Outlook change | AA | Negative | |||||||
Dec. 19, 2000 | Rating upgrade | AA | Stable | |||||||
Nov. 9, 1999 | Rating upgrade | A+ | Stable | |||||||
Aug. 28, 1997 | Rating upgrade | A | Stable | |||||||
Feb. 7, 1994 | Outlook change | A- | Positive | |||||||
April 26, 1993 | Outlook change | A- | Stable | |||||||
Jan. 6, 1992 | Rating downgrade | A- | Negative | |||||||
June 17, 1991 | Outlook assigned | A | Negative | |||||||
March 26, 1990 | Rating downgrade | A | ||||||||
Aug. 13, 1987 | Rating upgrade | AA- | ||||||||
Nov. 10, 1982 | Rating downgrade | A+ | ||||||||
Dec. 4, 1979 | Rating downgrade | AA- | ||||||||
March 8, 1972 | Rating downgrade | AA | ||||||||
Nov. 29, 1962 | Initial rating | AAA | ||||||||
North Carolina |
June 25, 1992 | Outlook change | AAA | Stable | ||||||
Sept. 19, 1991 | Outlook assigned | AAA | Negative | |||||||
Sept. 11, 1963 | Initial rating | AAA | ||||||||
North Dakota |
Feb. 18, 2016 | Rating downgrade | AA+ (ICR) | Stable | ||||||
Dec. 13, 2013 | Rating upgrade | AAA (ICR) | Stable | |||||||
May 12, 2011 | Outlook change | AA+ (ICR) | Positive | |||||||
March 17, 2009 | Rating upgrade | AA+ (ICR) | Stable | |||||||
Sept. 16, 2005 | Rating upgrade | AA (ICR) | Stable | |||||||
March 1, 2000 | Rating assigned | AA- | Stable | |||||||
Nov. 10, 1998 | Rating withdrawn | NR | ||||||||
Jan. 29, 1992 | Outlook assigned | AA- | Stable | |||||||
June 5, 1986 | Rating downgrade | AA- | ||||||||
July 8, 1982 | Rating assigned | AA | ||||||||
Sept. 26, 1975 | Rating withdrawn | NR | ||||||||
Aug. 25, 1966 | Initial rating | AAA | ||||||||
Ohio |
Dec. 8, 2023 | Rating upgrade | AAA | Stable | ||||||
July 15, 2011 | Outlook change | AA+ | Stable | |||||||
Sept. 23, 2009 | Outlook change | AA+ | Negative | |||||||
July 9, 2003 | Outlook change | AA+ | Stable | |||||||
June 4, 2002 | Outlook change | AA+ | Negative | |||||||
Aug. 14, 1996 | Rating upgrade | AA+ | Stable | |||||||
Nov. 27, 1991 | Outlook assigned | AA | Stable | |||||||
Sept. 5, 1984 | Initial rating | AA | ||||||||
Oklahoma |
July 20, 2023 | Outlook change | AA | Positive | ||||||
April 13, 2021 | Outlook change | AA | Stable | |||||||
May 11, 2020 | Outlook change | AA | Negative | |||||||
March 1, 2017 | Rating downgrade | AA | Stable | |||||||
April 6, 2016 | Outlook change | AA+ | Negative | |||||||
Sept. 5, 2008 | Rating upgrade | AA+ | Stable | |||||||
July 29, 1992 | Outlook assigned | AA | Stable | |||||||
July 26, 1989 | Rating assigned | AA | ||||||||
Aug. 3, 1977 | Rating withdrawn | NR | ||||||||
Dec. 8, 1971 | Rating assigned | AA | ||||||||
July 15, 1971 | Rating withdrawn | NR | ||||||||
Sept. 6, 1961 | Initial rating | AA | ||||||||
Oregon |
March 9, 2011 | Rating upgrade | AA+ | Stable | ||||||
Aug. 23, 2007 | Rating upgrade | AA | Stable | |||||||
April 10, 2007 | Outlook change | AA- | Positive | |||||||
Oct. 8, 2003 | Rating downgrade | AA- | Stable | |||||||
Sept. 30, 2002 | Outlook change | AA | Negative | |||||||
Sept. 9, 1996 | Rating upgrade | AA | Stable | |||||||
Sept. 10, 1995 | Outlook change | AA- | Positive | |||||||
Sept. 9, 1992 | Outlook change | AA- | Negative | |||||||
Sept. 16, 1991 | Outlook assigned | AA- | Stable | |||||||
Aug. 2, 1989 | Rating upgrade | AA- | ||||||||
Dec. 9, 1985 | Rating downgrade | A+ | ||||||||
July 21, 1980 | Rating downgrade | AA | ||||||||
Jan. 5, 1979 | Rating upgrade | AA+ | ||||||||
March 28, 1971 | Initial rating | AA | ||||||||
Pennsylvania |
Sept. 22, 2023 | Outlook change | A+ | Positive | ||||||
Aug. 4, 2021 | Outlook change | A+ | Stable | |||||||
Sept. 1, 2020 | Outlook change | A+ | Negative | |||||||
Sept. 20, 2017 | Rating downgrade | A+ | Stable | |||||||
July 6, 2017 | On CreditWatch | AA- | Watch Neg | |||||||
July 19, 2016 | Off CreditWatch | AA- | Negative | |||||||
July 11, 2016 | On CreditWatch | AA- | Watch Neg | |||||||
March 24, 2016 | Off CreditWatch | AA- | Negative | |||||||
March 3, 2016 | On CreditWatch | AA- | Watch Neg | |||||||
Sept. 25, 2014 | Rating downgrade | AA- | Stable | |||||||
July 19, 2012 | Outlook change | AA | Negative | |||||||
Nov. 6, 1998 | Rating upgrade | AA | Stable | |||||||
Sept. 3, 1991 | Outlook assigned | AA- | Stable | |||||||
Oct. 4, 1985 | Rating upgrade | AA- | ||||||||
June 14, 1978 | Rating downgrade | A+ | ||||||||
March 31, 1969 | Rating downgrade | AA | ||||||||
March 23, 1962 | Initial rating | AAA | ||||||||
Rhode Island |
June 18, 2014 | Off CreditWatch | AA | Stable | ||||||
May 12, 2014 | On CreditWatch | AA | Watch Neg | |||||||
April 22, 2011 | Outlook change | AA | Stable | |||||||
March 9, 2009 | Outlook change | AA | Negative | |||||||
Nov. 2, 2005 | Rating upgrade | AA | Stable | |||||||
March 14, 2002 | Outlook change | AA- | Stable | |||||||
July 10, 2001 | Outlook change | AA- | Positive | |||||||
June 28, 1991 | Rating downgrade | AA- | Stable | |||||||
March 27, 1986 | Rating upgrade | AA | ||||||||
May 24, 1982 | Rating downgrade | AA- | ||||||||
Dec. 15, 1977 | Rating assigned | AA | ||||||||
June 24, 1977 | Rating withdrawn | NR | ||||||||
March 13, 1961 | Initial rating | AA | ||||||||
South Carolina |
July 11, 2005 | Rating downgrade | AA+ | Stable | ||||||
Feb. 22, 2005 | On CreditWatch | AAA | Watch Neg | |||||||
July 9, 1996 | Rating upgrade | AAA | Stable | |||||||
Jan. 9, 1995 | Outlook change | AA+ | Positive | |||||||
Jan. 29, 1993 | Rating downgrade | AA+ | Stable | |||||||
Mar. 10, 1992 | On CreditWatch | AAA | Watch Neg | |||||||
Aug. 19, 1991 | Outlook assigned | AAA | Negative | |||||||
Aug. 28, 1963 | Initial rating | AAA | ||||||||
South Dakota |
May 4, 2015 | Rating upgrade | AAA (ICR) | Stable | ||||||
Aug. 1, 2014 | Outlook change | AA+ (ICR) | Positive | |||||||
March 25, 2011 | Rating upgrade | AA+ (ICR) | Stable | |||||||
Dec. 21, 2006 | Initial rating | AA (ICR) | Stable | |||||||
Tennessee |
May 26, 2016 | Rating upgrade | AAA | Stable | ||||||
Oct. 22, 2015 | Outlook change | AA+ | Positive | |||||||
Nov. 4, 2013 | Outlook change | AA+ | Stable | |||||||
May 5, 2011 | Outlook change | AA+ | Positive | |||||||
Oct. 12, 2006 | Rating upgrade | AA+ | Stable | |||||||
June 21, 2004 | Outlook change | AA | Stable | |||||||
July 11, 2002 | Off CreditWatch | AA | Negative | |||||||
Jan. 25, 2002 | On CreditWatch | AA | Watch Neg | |||||||
July 12, 2001 | Rating downgrade | AA | Negative | |||||||
June 29, 2000 | Rating downgrade | AA+ | Negative | |||||||
May 3, 2000 | On CreditWatch | AAA | Watch Neg | |||||||
May 1, 1998 | Rating upgrade | AAA | Stable | |||||||
March 14, 1994 | Outlook change | AA+ | Positive | |||||||
June 13, 1991 | Outlook assigned | AA+ | Stable | |||||||
March 27, 1980 | Rating upgrade | AA+ | ||||||||
Jan. 3, 1974 | Initial rating | AA | ||||||||
Texas |
Sept. 27, 2013 | Rating upgrade | AAA (ICR) | Stable | ||||||
Aug. 10, 2009 | Rating upgrade | AA+ (ICR) | Stable | |||||||
Aug. 23, 1999 | Outlook change | AA | Stable | |||||||
June 17, 1996 | Outlook change | AA | Positive | |||||||
Aug. 14, 1987 | Rating downgrade | AA | Stable | |||||||
June 10, 1986 | Rating downgrade | AA+ | ||||||||
Oct. 19, 1961 | Initial rating | AAA | ||||||||
Utah |
June 7, 1991 | Outlook assigned | AAA | Stable | ||||||
June 4, 1965 | Initial rating | AAA | ||||||||
Vermont |
Aug. 19, 2022 | Outlook change | AA+ | Stable | ||||||
Nov. 10, 2020 | Outlook change | AA+ | Negative | |||||||
Nov. 10, 2014 | Outlook change | AA+ | Stable | |||||||
Sept. 17, 2012 | Outlook change | AA+ | Positive | |||||||
Sept. 11, 2000 | Rating upgrade | AA+ | Stable | |||||||
Oct. 14, 1998 | Rating upgrade | AA | Stable | |||||||
June 10, 1991 | Rating downgrade | AA- | Stable | |||||||
April 25, 1986 | Rating assigned | AA | ||||||||
Oct. 16, 1973 | Rating withdrawn | NR | ||||||||
Feb. 28, 1973 | Rating assigned | AA | ||||||||
March 23, 1971 | Rating withdrawn | NR | ||||||||
Oct. 2, 1963 | Initial rating | AAA | ||||||||
Virginia |
June 8, 2018 | Outlook change | AAA | Stable | ||||||
April 20, 2017 | Outlook change | AAA | Negative | |||||||
Nov. 11, 1992 | Outlook change | AAA | Stable | |||||||
Oct. 31, 1991 | Outlook assigned | AAA | Negative | |||||||
March 8, 1962 | Initial rating | AAA | ||||||||
Washington |
Jan. 11, 2024 | Outlook change | AA+ | Positive | ||||||
Nov. 13, 2007 | Rating upgrade | AA+ | Stable | |||||||
Jan. 22, 2007 | Outlook change | AA | Positive | |||||||
Jan. 29, 2004 | Rating downgrade | AA | Stable | |||||||
July 15, 2002 | Off CreditWatch | AA+ | Negative | |||||||
March 19, 2002 | On CreditWatch | AA+ | Watch Neg | |||||||
July 8, 1997 | Rating upgrade | AA+ | Stable | |||||||
June 21, 1996 | Outlook change | AA | Positive | |||||||
March 2, 1993 | Outlook change | AA | Stable | |||||||
Aug. 12, 1991 | Outlook assigned | AA | Positive | |||||||
July 24, 1986 | Rating upgrade | AA | ||||||||
Jan. 25, 1982 | Rating downgrade | AA- | ||||||||
Oct. 19, 1981 | Rating downgrade | AA | ||||||||
Nov. 25, 1975 | Rating upgrade | AA+ | ||||||||
March 25, 1970 | Rating upgrade | AA | ||||||||
Nov. 6, 1969 | Initial rating | A | ||||||||
West Virginia |
April 21, 2016 | Rating downgrade | AA- | Stable | ||||||
Aug. 20, 2009 | Rating upgrade | AA | Stable | |||||||
May 17, 1996 | Rating upgrade | AA- | Stable | |||||||
July 10, 1992 | Outlook assigned | A+ | Positive | |||||||
March 31, 1988 | Rating downgrade | A+ | ||||||||
April 25, 1985 | Rating downgrade | AA- | ||||||||
July 20, 1976 | Rating upgrade | AA+ | ||||||||
July 23, 1963 | Initial rating | AA | ||||||||
Wisconsin |
Aug. 25, 2021 | Rating upgrade | AA+ | Stable | ||||||
Aug. 15, 2008 | Rating upgrade | AA | Stable | |||||||
Nov. 13, 2007 | Outlook change | AA- | Stable | |||||||
Nov. 9, 2005 | Outlook change | AA- | Positive | |||||||
May 24, 2002 | Rating downgrade | AA- | Stable | |||||||
Jan. 23, 2002 | On CreditWatch | AA | Watch Neg | |||||||
Aug. 28, 2001 | Outlook change | AA | Negative | |||||||
Feb. 16, 2000 | Outlook change | AA | Stable | |||||||
May 22, 1997 | Outlook change | AA | Positive | |||||||
Oct. 20, 1992 | Outlook assigned | AA | Stable | |||||||
April 6, 1983 | Rating downgrade | AA | ||||||||
May 21, 1981 | Rating downgrade | AA+ | ||||||||
Feb. 20, 1973 | Initial rating | AAA | ||||||||
Wyoming |
April 19, 2024 | Outlook change | AA (ICR) | Positive | ||||||
June 19, 2020 | Rating downgrade | AA (ICR) | Stable | |||||||
May 3, 2017 | Rating downgrade | AA+ (ICR) | Stable | |||||||
Feb. 4, 2016 | Outlook change | AAA (ICR) | Negative | |||||||
May 3, 2011 | Rating upgrade | AAA (ICR) | Stable | |||||||
June 30, 2008 | Rating upgrade | AA+ (ICR) | Stable | |||||||
Dec. 2, 1998 | Initial rating | AA (ICR) | Stable | |||||||
ICR-Issuer credit rating. NR--Not rated. All other ratings are for the state’s general obligation debt. Ratings for other debt issued by the state will vary based on the security backing the bonds. This list reflects only U.S. states public ICR and GO ratings. It excludes appropriation-backed ratings. |
This report does not constitute a rating action.
Primary Credit Analyst: | Sussan S Corson, New York + 1 (212) 438 2014; sussan.corson@spglobal.com |
Secondary Contact: | Geoffrey E Buswick, Boston (1) 617-530-8311; geoffrey.buswick@spglobal.com |
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