Missouri's Democratic Gov. Jay Nixon says the state has held on to its AAA credit rating.

Nixon this week announced three rating agencies reaffirmed the state's top credit rating.

Standard & Poor's Rating Services, Fitch Ratings and Moody's Investors Service reviewed factors such as financial management.

Missouri's governor is required to maintain a balanced budget.

A high credit rating can mean greater access to low interest rates.

governor.mo.gov