IN CASE YOU MISSED IT


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‘A Signal’: Indiana Maintains Top Credit Rating




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Indiana Capital Chronicle

Leslie Bonilla Muñiz

September 2, 2025

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Indiana has again earned a AAA credit rating — the highest possible — from the
three major credit-rating agencies, Indiana Gov. Mike Braun’s administration
announced Tuesday.



“Indiana’s AAA rating is more than a financial milestone,” Braun said in a
news release. “It’s a signal to taxpayers, investors, and businesses that our
state is well-managed, fiscally responsible, and focused on delivering growth
for Hoosiers throughout the State.”
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Indiana Gov. Mike Braun talks at a news conference on Wednesday, Aug. 27,
2025. (Leslie Bonilla Muñiz/Indiana Capital Chronicle)


Just 14 states have top marks from the trio of major credit-rating agencies,
which include S&P Global Ratings, Moody’s Investors Service, and Fitch Ratings.



Indiana has held an AAA rating from all three since 2010. Its most recent
ratings came inSeptember 2024
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and inJune <[link removed]>.



The trio lauded the Hoosier State for active budget management, low debt,




strong and transparent fiscal policies, and budgetary reserves that provide
the foundation for an economy that has benefited from recent economic
development investments, according to the news release. Just 14 states have top
marks from the trio of major credit-rating agencies, which include S&P Global
Ratings, Moody’s Investors Service, and Fitch Ratings.



Indiana has held an AAA rating from all three since 2010. Its most recent
ratings came inSeptember 2024
<[link removed]>, this April
<[link removed]>
and inJune <[link removed]>.



The trio lauded the Hoosier State for active budget management, low debt,
strong and transparent fiscal policies, and budgetary reserves that provide the
foundation for an economy that has benefited from recent economic development
investments, according to the news release.



“The AAA rating is the gold standard and allows Indiana to borrow at lower
interest rates,” said Indiana Secretary of Management and Budget Lisa Hershman.



“That saves taxpayer dollars and strengthens the state’s ability to invest in
infrastructure, education, and public services,” she added. “It also
strengthens Indiana’s competitive edge in attracting new business and expanding
economic opportunity statewide.”



To learn more about Indiana’s credit ratings, visit the Indiana Finance
Authority’s Credit Ratings webpage
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Click Here To Read Full Story
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