WASHINGTON -- Maryland county bond credits tend to be among the strongest in the nation despite the economic downturn that has sent revenues plunging, according to a report released last week by Moody's Investors Service in conjunction with a meeting of the Maryland Government Finance Officers Association.

"The distribution of all non-enhanced general obligation bond ratings for Maryland counties shows a significantly larger portion of issuers rated in the strongest Aaa and high quality Aa1 and Aa categories than is the case in the rest of the Mid-Atlantic region or the nation," the Moody's report, Municipal Focus on Maryland, says.

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