Moody's lifts Albuquerque G.O. bonds to Aa2

Moody's Investors Service said it upgraded to Aa2 from Aa3 the underlying rating on the City of Albuquerque's general obligation bonds, affecting $212 million of outstanding debt.

At the same time, Moody's said it upgraded to Aa3 from A1 the rating on the city's gross receipts tax debt.

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