Fitch Ratings affirmed its AA-minus general obligation bond rating for San Francisco this week, deciding to keep its rating one notch below Standard & Poor’s and Moody’s Investors Service.

Moody’s upgraded the city-county government’s credit to Aa2 earlier this week, and Standard & Poor’s rates it AA.  The agencies updated their ratings ahead of a general obligation park bond issue that’s scheduled to be sold competitively on Aug. 14.

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