The City of Manassas has maintained high credit ratings with the two major global credit rating agencies, Moody's and S&P Global, according to a Monday press release.
These credit ratings ensure the city can borrow money at lower interest rates and signal the city is in a stable financial condition. The lowest rating an entity can receive is a C or D, depending on the agency issuing the rating. These ratings, according to Investopedia, help investors determine the riskiness associated with investing in bonds issued by a company, government or a government agency.
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Job details
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Compensation: Not specified
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