Fitch Ratings upgraded Massachusetts’ special obligation highway revenue bonds to AA-plus from AA with a stable outlook. The agency said the move was part of its continuous surveillance effort.

The bonds affected were consolidated loan of 2002 Series A and consolidated loan of 2005 Series A. They are special, limited obligations, payable from 6.86 cents of the commonwealth’s 21-cent gas tax.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.