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TFA Ratings

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TFA bonds enjoy strong investor demand and have high investment-grade ratings. Click on the ratings below to access reports and press releases (note: a new browser window will open).

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

Bond	Moody's	S&P Global Ratings	Fitch
TFA Future Tax Secured Senior Bonds	Aaa	AAA	AAA
TFA Future Tax Secured Subordinate Bonds	Aa1 (8/18/23)	AAA (8/18/23)	AAA (8/18/23)
TFA Building Aid Revenue Bonds	Aa2 (7/15/22)	AA (7/15/22)	AA (7/15/22)