Fitch rates Maryland's consolidated transportation bonds AA

Fitch Ratings said it assigned an AA rating to Maryland Department of Transportation's $250 million of consolidated transportation bonds, series 2008, which are due Feb. 15, 2011 to 2023.

Issuance of the bonds is scheduled for Jan. 30 by competitive bid.

Fitch also affirmed the AA rating on the state's approximately $1.3 billion of outstanding consolidated transportation bonds and approximately $57 million of county transportation revenue bonds.

The outlook is stable.

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