Texas Comptroller Glenn Hegar Announces Highest Ratings for Texas Short-Term Notes

Texas Comptroller Glenn Hegar Announces Highest Ratings for Texas Short-Term Notes

(AUSTIN) — Texas has once again received the highest credit ratings for this year’s Texas Tax and Revenue Anticipation Notes (TRAN), which will allow the state to manage cash-flow needs for fiscal 2019. “I am proud that once again Texas has received the highest short-term credit ratings on these notes,” Texas Comptroller Glenn Hegar said. “Additionally, the ratings agencies maintain Texas’ AAA long-term credit ratings, reflecting the highest possible level of creditworthiness. Our diversified economy, rising […]

Texas Comptroller Glenn Hegar Announces Highest Ratings for Texas Short-Term Notes 

(AUSTIN) — Wall Street credit ratings firms have given their highest ratings to this year’s Texas Tax and Revenue Anticipation Notes (TRANs), which will allow the state to manage cash-flow needs for fiscal 2018. “Texas received the highest short-term credit ratings on the TRAN,” Texas Comptroller Glenn Hegar said. “I am proud that Texas also maintains its historic AAA long-term credit ratings from all four major ratings agencies, primarily because of flexibility in the state’s budgeting […]