Fitch Rates Georgia Bonds AAA

ATLANTA-Fitch, IBCA, Duff & Phelps is giving Georgia’s $413 million in general obligation bonds a AAA rating. The bonds are 2001A and 2001B and go out for bids July 10. The state’s $5.3 billion in outstanding general obligation bonds also received a AAA rating.

The New York-based rating service, in a prepared statement, says the high credit standing results from “excellent debt policies, consistent maintenance of conservative and sound financial operations, its past growth and potential for future development.”

That’s high praise out-of-state corporate relocators look for in planning state, regional or local branches, area brokers tell GlobeSt.com.