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Missouri maintains highest bond rating

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Missouri will retain its AAA bond rating, the highest level available, according to a report issued this week by credit-rating agency Standard & Poor’s.

Missouri is one of six states to obtain the AAA rating. Delaware, Georgia, Maryland, Utah and Virginia also received the highest mark.

The AAA rating means investors judge bonds issued by the state to be of the highest quality, and the bonds carry the smallest degree of investment risk.

“Missouri’s economy’s greatest strength is its diversity, which is based partly on the state’s location at the geographic center of the nation, which gives it an economic advantage in trade and manufacturing,” according to the report.[[In-content Ad]]

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