TFA Ratings

TFA Ratings

Click on the ratings below to access reports and press releases (note: a new browser window will open).

Bonds Moody's   S&P     Fitch  
Future Tax Secured – Senior * * *
Future Tax Secured – Subordinate Aa1 AAA AAA
Building Aid Revenue  Aa2 AA AA


* No Future Tax Secured Senior Bonds are currently outstanding. TFA may issue Senior Bonds in the future to the extent permitted by the TFA Act and the Indenture.

Always contact the rating agencies directly to obtain the latest information, rating actions and outlook for TFA bonds.