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.