Bond rating won?t be downgraded

Maryland government is expected to exceed its self-imposed debt limit in two to three years, a fiscal analyst told lawmakers Friday. But there is no indication that Maryland is likely to see any downgrading of its triple A bond rating as the state prepares to sell $400 million in bonds Feb. 27, Treasurer Nancy Kopp said.

Moody?s Investor Service, one of the big-three government bond rating agencies, issued a report earlier this week indicating that some states might have their ratings lowered “based on the decidedly weaker economic environment.”