Detroit reaches “A” category for the first time since 1999
DETROIT, – Detroit earned an upgrade in credit rating from S&P Global and Moody’s Ratings, Moody’s returning the City’s rating to the “A” category.
Moody measures the City’s Issuer and General Obligation Unlimited Tax (GOULT) and S&P measures Detroit’s Unlimited Tax General Obligation (UTGO) bond.
Before Moody rated Detroit as Baa1, now moody raises its rating to A3.
S&P raises it’s rating for the city from BBB to BBB+, one step before “A”.
Moody’s rating brings the city to an “A” for the first time since 1999.
This is Detroit’s 12th consecutive year with an upgrade.
clickondetroit.com
by Jenny Marchi, Intern
Published: May 27, 2026