DC Mayor to Meet With Credit-Rating Agencies in New York | NBC4 Washington
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DC Mayor to Meet With Credit-Rating Agencies in New York

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    NEWSLETTERS

    AP
    Washington Mayor Muriel Bowser speaks after taking the oath of office at the District of Columbia Mayoral Inauguration ceremony at the Convention Center in Washington, Friday, Jan. 2, 2015.

    District of Columbia Mayor Muriel Bowser is set to meet with officials from the three major credit rating agencies.

    The Democratic mayor will participate in the annual meetings in New York on Thursday.

    Following last year's meetings, Moody's upgraded the rating for the District's general obligation bonds, citing its strong economy and robust reserve funds. The city government has enjoyed surpluses over the past several years. Any improvements to the city's bond ratings would mean lower interest rates when the government borrows money.