Moody's Bumps Up Nantucket's Bond Rating

Nantucket’s bond rating has been bumped up from AA-plus to AAA.

The Inquirer and Mirror reports the recent rating by Moody’s puts Nantucket in a group of 15 Massachusetts communities with the company’s highest municipal rating.

 Town manager, Libby Gibson, says the better rating will allow the town to borrow money at a lower interest rate.

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