S&P Global Ratings assigned its ?AAA? long-term rating to the City of Albuquerque , N.M.?s proposed $59.8 million series 2025A general obligation (GO) general purpose bonds and $5.3 million series 2025B GO storm sewer bonds. At the same time, S&P Global Ratings affirmed its ?AAA? long-term rating on the city?s GO bonds outstanding. The outlook is stable. The rating is based on the application of our " Methodology For Rating U.S. Governments ," published Sept. 9, 2024. ENGLEWOOD (S&P Global Ratings) May 1, 2025--S&P Global Ratings today took the rating actions listed above. Compared with other locations nationally, data from S&P Global Sustainable1 shows Bernalillo County, where Albuquerque is located, faces elevated exposure to drought, extreme heat, and water stress.
