Debt & Bonding
Bond Ratings
Peer Bonding Ratings
School |
FY 2020 |
|---|---|
| Arizona State University | Aa2/AA |
| University of California-Los Angeles* | Aa3/A+ |
| University of Connecticut | Aa3/A+ |
| Florida State University | Aa2/AA+ |
| University of Illinois at Urbana-Champaign | A1/A- |
| Indiana University-Bloomington | Aaa/AAA |
| University of Iowa | Aa1/AA |
| University of Maryland-College Park* | Aa1/AA+ |
| Michigan State University | Aa2/AA |
| University of Minnesota-Twin Cities | Aa1/AA |
| Ohio State University-Main Campus | Aa1/AA |
| Pennsylvania State University – Main Campus | Aa1/AA |
| Rutgers University-New Brunswick | Aa3/A+ |
| The University of Texas at Austin | Aaa/AAA |
| University of Washington-Seattle Campus | Aaa/AA+ |
| University of Wisconsin, Madison** | Aa1/AA |
Ratings
Description |
Moody’s |
S&P |
|---|---|---|
| Highest Quality | Aaa | AAA |
| High Quality | Aa1 | AA+ |
| A1/A+ | AA | |
| Aa3 | AA- | |
| Upper Medium Grade | A1 | A+ |
| A2 | A | |
| A3 | A- |
* Debt is issued at the System level and rating is for the System.
** Debt is issued by the State of Wisconsin and the rating is for the State.
ASU is currently rated Aa2 by Moody’s and AA by S&P, the third highest rating for both rating agency services.
Debt Overview
Source: ASU