California's Current Credit Ratings

Since the credit rating is assigned to a specific debt-security issued by the State of California, the current credit ratings are shown below by debt type:

Type of Debt	Fitch Ratings	Moody's Investors Service	Standard & Poor's
General Obligation	AA	Aa2	AA-
Lease Revenue Bonds*	AA-	Aa3	A+

*Does not include ratings for Public Works Board Bonds issued on behalf of the University of California or California State University

Comparison of Other States' General Obligation Bond Ratings

State	Fitch	Moody's	S&P
Alabama	AA+	Aa1	AA
Alaska	A+	Aa2	AA
Arizona*	NR	Aa1	AA
Arkansas	NR	Aa1	AA+
California	AA	Aa2	AA-
Colorado*	NR	Aa1	AA
Connecticut	AA-	Aa2	AA-
Delaware	AAA	Aaa	AAA
Florida	AAA	Aaa	AAA
Georgia	AAA	Aaa	AAA
Hawaii	AA	Aa2	AA+
Idaho*	AAA	Aaa	AA+
Illinois	A-	A2	A-
Indiana*	AAA	Aaa	AAA
Iowa*	AAA	Aaa	AAA
Kansas*	NR	Aa2	AA-
Kentucky*	AA-	Aa2	A+
Louisiana	AA-	Aa2	AA
Maine	AA	Aa1	AA
Maryland	AAA	Aa1	AAA
Massachusetts	AA+	Aa1	AA+
Michigan	AA+	Aa1	AA
Minnesota	AAA	Aaa	AAA
Mississippi	AA	Aa2	AA
Missouri	AAA	Aaa	AAA
Montana	AA+	Aa1	NR
Nebraska	NR	Aaa	AAA
Nevada	AA+	Aa1	AA+
New Hampshire	AA+	Aa1	AA+
New Jersey	A	Aa3	A+
New Mexico	NR	Aa2	AA
New York	AA+	Aa1	AA+
North Carolina	AAA	Aaa	AAA
North Dakota*	NR	Aa1	AA+
Ohio	AAA	Aaa	AAA
Oklahoma	AA	Aa1	AA+
Oregon	AA+	Aa1	AA+
Pennsylvania	AA	Aa2	A+
Rhode Island	AA	Aa2	AA
South Carolina	AAA	Aaa	AA+
South Dakota*	AAA	Aaa	AAA
Tennessee	AAA	Aaa	AAA
Texas	AAA	Aaa	AAA
Utah	AAA	Aaa	AAA
Vermont	AA+	Aa1	AA+
Virginia	AAA	Aaa	AAA
Washington	AA+	Aaa	AA+
West Virginia	AA	Aa2	AA-
Wisconsin	AA+	Aa1	AA+
Wyoming*	NR	NR	AA+
TOTAL STATES RATED:	42	49	49

NR=Not Rated

* This state does not have general obligation (GO) debt outstanding; the state’s issuer credit rating is listed in place of a GO bond rating.
Sources: Fitch Ratings, Moody's Investors Service, and Standard & Poor's