Bond Rating

The Town has a 'High Grade' bond rating, which is the credit rating and financial indicator of debt securities, such as bonds. Current bond rating for Trophy Club:

  • Trophy Club is currently rated AA+ by Standard & Poor's (S&P).
  • An AA+ bond rating means that obligations are judged to be of high quality and are subject to very low credit risk.
  • Trophy Club's AA+ bond rating indicates that the Town has a very strong capacity to meet its financial commitments. It differs from the highest-rated obligors only in small degree.

View Standard & Poor's most recent overview for the Town of Trophy Club (PDF).

S and P Credit Rating AA+