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Fitch assigns AAA to Maryland G.O. bonds
Fitch Ratings said it gave an AAA rating to the State of Maryland's $400 million of general obligation bonds, state and local facilities loan of 2008, first series.
The bonds are scheduled to sell competitively on Feb. 27. They will be due March 1, 2011 to 2023 and are callable beginning on March 1, 2016.
Fitch also said it affirmed the AAA rating on the state's $5.5 billion of outstanding G.O. bonds.
The outlook is stable.
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