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Pennsylvania
2026 Moody's Credit Rating
Aa2

Pennsylvania
2026 S&P Credit Rating
A+

What is General Obligation Credit Rating?

Credit ratings matter for states in the same way that credit scores matter for families -- the better the rating or score, the lower the cost to borrow and the less that will be spent on interest. For state government, less spent on interest means more available for other priorities such as infrastructure and education.


Source: Electronic Municipal Market Access (EMMA), a service of the Municipal Securities Rulemaking Board (MSRP). Survey of General Obligation Bond Ratings.

S&P's website: https://www.spglobal.com/ratings/en/research/articles/190319-u-s-state-ratings-and-outlooks-current-list-1738758

Moody's website:

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