GO Bond Rating
Johnson County Go Bond Rating
Credit Rating assigned to general obligation bonds as established by Credit Rating agencies.
The objective of the rating agency is to assign a bond a credit rating to make it faster for market participants to evaluate risk and make load decisions easier for lenders. (Similar to an individual credit score. ) A credit rating performs the same service for institutional borrowers and investors. A bond’s credit rating is the rating agency’s opinion as to the creditworthiness of the bond’s issuer.