Bond Ratings
When debt is issued by the government, independent credit rating agencies attach a rating to the issue. The ratings attached to all bonds associated with the State of Illinois affect interest payments and the cost to Illinois taxpayers. Individual bond ratings will vary, but the general and special obligation bond ratings are directly related to financial condition of the state government.
The table below shows the most recent bond ratings from three credit rating bureaus for the two major State of Illinois bond programs. Click on a credit rating agency name in the table to learn more about how they determine bond ratings.
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Negative |
Negative |
Negative |
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Stable |
Negative |
Stable |
The Bonded Indebtedness and Long Term Obligations Report details the kinds of bonds that are issued by the state The report includes summaries of money generated during the fiscal year.
Click here to view and download the most recent Bonded Indebtedness and Long Term Obligations Report.
The Monitored Bond Report highlights the different bonds by fund in our state, and the monthly balances of each. The report also details money raised through the sale of the bonds, and how much of that is spent monthly on a cash basis.
Click here to view and download the most recent Monitored Bond Report.
The Monthly Bond Report details how much money has been raised and spent through the various types of bonds issued by the state. The report then highlights how that money has been appropriated and spent during previous and the current fiscal years.
Click here to view and download the most recent Monthly Bond Report.