The Commonwealth of Massachusetts is a state in MA with $48.9B of municipal debt on EMMA record across 1,310 securities maturing through 2055. Its debt is rated Aa1 by Moody's and AA by S&P. It is among the largest issuers in MA by debt outstanding and has reported continuing disclosure to EMMA as recently as November 2025.
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Claim this profileMaturity profile
par maturing by yearCredit ratings
agency-stated| Agency | Rating | Par | Share | CUSIPs |
|---|---|---|---|---|
| Moody's | Aa1 | $9.7B | 99.5% | 264 |
| Aa2 | $44.9M | 0.5% | 3 | |
| A1 | — | 0.0% | 1 | |
| S&P | AA | $8.1B | 66.7% | 208 |
| AA+ | $3.5B | 28.8% | 108 | |
| AAA | $546.8M | 4.5% | 10 | |
| Fitch | AA+ | $9.9B | 85.9% | 223 |
| AAA | $1.6B | 14.1% | 6 | |
| KBRA | AAA | $3.4B | 89.6% | 68 |
| AA+ | $299.2M | 7.8% | 8 | |
| AA | $100.0M | 2.6% | 1 |
Par-weighted mix of agency grades across the outstanding securities EMMA lists for this issuer; shares are of each agency’s rated par. A split usually reflects distinct liens or credits under one issuer, not disagreement about a single credit.
Debt overview
EMMA-derivedMarket activity
EMMA · secondary trades · latest Dec 5, 2025Outstanding securities
1,310 · showing first 250 by maturityReporting reliability
Document library
0 filings · sourced from EMMA & the issuerBondGov hasn’t compiled this issuer’s documents yet. Official statements and continuing-disclosure filings are filed on the MSRB’s EMMA system.