Bond Ratings

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Dare County maintains high ratings from the three major national bond rating agencies – Standard & Poor’s, Fitch Ratings and Moody’s Investors Services – reaffirming their confidence in the county’s financial management and its economic outlook.

High bond ratings mean the county is able to sell debt to finance capital projects at lower interest rates. The ratings also increase the value of existing General Obligation bonds for investors.

Current Ratings Moody's Investors
Service
Standard & Poor's
Rating Group
Fitch Ratings
General Obligation (GO) Aa2 AA+ AA
Certificates of Participation (COPS) Aa3 AA

AA-

Water Revenue Bonds

AA

(Series 2009, Series 2011,

and Series 2017)

AA-

Rating Outlook Positive

(Series 2009)