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Published on 7/11/2008 in the Prospect News Municipals Daily.

Fitch assigns AAA to Maryland G.O. bonds

Fitch Ratings said it assigned an AAA rating to Maryland's $415 million general obligation bonds, state and local facilities loan of 2008, second series.

The bonds will sell competitively on July 16 and mature serially July 15, 2011-2023. The bonds are callable beginning July 15, 2018.

Fitch also affirmed the AAA rating on the state's $5.5 billion in outstanding G.O. bonds. The outlook is stable.


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