Nixon Says Missouri’s AAA Credit Rating Reaffirmed

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.