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Moody's Corporation
Baltimore County again earns coveted AAA bond ratings

Baltimore County's government bonds again received the highest marks from the three major bond rating agencies. Moody's Investor Service, Standards and Poor's Rating Services and Fitch Ratings all issued AAA ratings. Baltimore County sold $200 million worth of bonds on Wednesday to finance government projects. The bonds carried an interest rate of 3 percent. Fitch noted the county's "broad and diverse economy" with federal agencies, health care jobs, financial services institutions and colleges as a strength, as well as declining unemployment rates and a growing population. The county government's reserve funds are strong and the county has a history of...