NEW YORK–(BUSINESS WIRE)–On August 2, 2018 Kroll Bond Rating Agency (KBRA) assigned a short-term rating of K1+ to the State of Texas Tax and Revenue Anticipation Notes, Series 2018. KBRA has additionally affirmed the short-term rating of K1+ on the State of Texas’ Tax and Revenue Anticipation Notes, Series 2017 which mature August 30, 2018. Lastly, KBRA has affirmed the long-term rating of AAA and Stable Outlook on the State of Texas’ outstanding general obligation bonds. KBRA long-term ratin
