Fitch explains state rating framework, reiterates Minnesota AAA stable
A Fitch Ratings analyst told the Senate Capital Investment Committee that Fitch maintains Minnesota's issuer default rating at AAA with a stable outlook and explained the firm's criteria, stress testing and the metrics that drive state ratings.
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Eric Kim, an analyst at Fitch Ratings, told the Senate Capital Investment Committee on March 4 that Fitch maintains an issuer default rating of AAA with a stable outlook for the state of Minnesota and outlined how the agency reaches that view.
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