General

What the Warnings About NYC’s Bond Rating Do and Don’t Mean

The Cityby Greg DavidApril 1, 2026

The big four rating agencies aren’t happy with Mayor Zohran Mamdani.  Moody’s, Standard & Poor’s, Fitch and Kroll, which each assign a letter grade to the bonds New York City sells to finance its debt, have warned they may reduce their rating because Mamdani intends to dip into the city’s r

Source: The CityOpen original

Article not loading? Some sites restrict embedding.

Read on The City

Related Articles

Advertisement
You might also like
Advertisement