Credit ratings agencies affirm Georgia’s AAA bond status

The three major ratings agencies have reaffirmed the state of Georgia’s AAA bond status, Gov. Nathan Deal’s office said Friday.

The decisions by Fitch, S&P and Moody’s are a signal to investors that Georgia is a “safe bet,” the governor said. The high ratings help taxpayers save money through lower interest rates when the state issues bonds, he said.

“That’s money that Georgians can keep in their pockets,” Deal said.