List of countries by credit rating
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This is a list of countries by credit rating, showing long-term foreign currency credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's, Fitch and Moody's. The ratings of Dagong and JCR, Chinese and Japanese rating agencies respectively, are also included. The list also includes all country subdivisions issuing sovereign bonds, but it excludes regions, provinces and municipalities issuing sub-sovereign bonds.
Contents |
Ratings
Standard & Poor's
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For S&P, a bond is considered investment grade if its credit rating is BBB- or higher. Bonds rated BB+ and below are considered to be speculative grade, sometimes also referred to as "junk" bonds.[1]
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Financial ratings of European States by Standard & Poor's (foreign currency) in January 2013
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Fitch
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For Fitch, a bond is considered investment grade if its credit rating is BBB- or higher. Bonds rated BB+ and below are considered to be speculative grade, sometimes also referred to as "junk" bonds.[17]
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Financial ratings of European States by Fitch Ratings in March 2013
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Moody's
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For Moody's, a bond is considered investment grade if its credit rating is Baa3 or higher. Bonds rated Ba1 and below are considered to be speculative grade, sometimes also referred to as "junk" bonds.[27]
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Financial ratings of European States by Moody's in February 2013
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Dagong
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Dagong is a credit rating agency based in China. It is one of the few notable non-US based credit rating agencies.
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Financial ratings of European States by Dagong Global Credit Rating in June 2012
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JCR
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Japan Credit Rating Agency, Ltd. (JCR) is a credit rating agency based in Japan. JCR is a Nationally Recognized Statistical Rating Organization by the U.S. Securities and Exchange Commission.
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Financial ratings of European States by JCR Credit Rating in April 2013
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Not rated
UN member states that have not been assigned a credit rating by any of the five rating agencies.
| Country | Details |
|---|---|
| Fitch suspended Gambia’s credit rating after its only traded international bond expired[44] | |
| Fitch has withdrawn all ratings for Iran following the maturity and full repayment of the last outstanding sovereign eurobond on 21 April 2008.[45] | |
| Fitch has withdrawn all ratings for Libya because it doesn't have enough information to maintain coverage of the issuer.[46] | |
| Mali was given a credit rating in 2004 as part of a UN development initiative,[47] but the rating was later withdrawn.[48] | |
| Moody has withdrawn its rating because it had insufficient information to maintain coverage of the issue.[49] | |
See also
References
- ^ "S&P | Ratings Credit Ratings Definitions & FAQs | Americas". Standardandpoors.com. Retrieved 2013-02-25.
- ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch ci cj ck cl cm cn co cp cq cr cs ct cu cv cw cx cy cz da db dc dd de df dg dh di dj dk dl dm dn do dp dq dr ds dt du dv "Sovereigns Ratings List | Standard & Poor's". Standardandpoors.com. Retrieved 2013-02-25.
- ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch ci cj ck cl cm cn co cp cq cr cs ct cu cv cw cx cy cz da db dc dd de df dg dh di dj dk dl dm dn do dp "Sovereign Ratings And Country T&C Assessments As Of Nov. 29, 2011". 204.8.132.217. Retrieved 2013-02-25.
- ^ "Standard Poor's recortó la nota de la deuda argentina tras los fallos en EEUU y Ghana". Lanacion.com.ar. Retrieved 2013-02-25.
- ^ S&P cuts Cyprus rating one notch to 'CCC' EUbusiness. 21 March 2013. Accessed 21 March 2013
- ^ http://www.standardandpoors.com/ratings/articles/en/us/?articleType=HTML&assetID=1245342308549
- ^ Standards and Poor’s downgrades Grenada's credit rating Jamaica Gleaner. March 13, 2013. Accessed March 21, 2013
- ^ "India gets a bad appraisal: S&P revises outlook to ‘negative' - The Times of India". The Times Of India.
- ^ S&P removes Jamaica from 'default' after debt swap Business Recorder. 07 March 2013. Accessed 22 March 2013
- ^ http://www.fxstreet.com/news/forex-news/article.aspx?storyid=1b809fdf-611f-43ca-9d69-15b18975ed4d FXStreet.com January 16, 2013. Accessed March 22, 2013
- ^ Interaksyon. "S&P upgrades Philippines to investment grade status". Retrieved 2 May 2013.
- ^ GMA News Online. "Stable prices, declining foreign debt earn PHL investment grade from S&P". Retrieved 2 May 2013.
- ^ S&P Downgrades Slovenia´s Rating to A- The Slovenia Times 13 February 2013. Accessed 22 March 2013
- ^ "Ratings for Swedish debt". Retrieved 26 February 2013.
- ^ "S&P | Ratings Sovereigns Ratings List | Americas". Standard & Poor's. Retrieved August 7, 2011.
- ^ Reference for the United States: "United States of America Long-Term Rating Lowered To 'AA+' On Political Risks And Rising Debt Burden; Outlook Negative". Standard & Poor's. Retrieved August 5, 2011.
- ^ "Fitch Ratings — Definitions of Ratings and Other Forms of Opinion" (PDF). Retrieved 2013-02-25.
- ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch ci cj ck cl cm cn co cp cq cr cs ct cu cv "Fitch - Complete Sovereign Rating History". Retrieved 2013-02-25.
- ^ "Argentina Rating Downgraded by Fitch on ‘Probable’ Default". Businessweek. 2012-11-27. Retrieved 2013-02-25.
- ^ "TEXT:Fitch Upgrades Australia's Foreign-Currency IDR to 'AAA'". Reuters. Retrieved 2013-02-25.
- ^ Iqbal, Muhammad (2012-11-14). "Fitch raises Latvia one notch to BBB, outlook positive". Brecorder.com. Retrieved 2013-02-25.
- ^ "A first: Investment grade rating for PH". Reuters.com. Retrieved 2013-03-27.
- ^ Bugge, Axel. "Reuters Nov 24, 2011: "Fitch cuts Portugal rating on high debts, worse outlook"". Reuters.com. Retrieved 2013-02-25.
- ^ "Fitch Affirms Russia at 'BBB'; Stable Outlook". Cbonds.info. Retrieved 2013-02-25.
- ^ Kim, Cynthia (2012-09-06). "South Korea Rating Raised by Fitch on Nation’s Stability". Bloomberg. Retrieved 2013-02-25.
- ^ "Fitch strips Britain of triple-A credit rating". Reuters. Retrieved 2013-04-19.
- ^ "investment grade : defined at Finance Glossary". Finance-glossary.com. Retrieved 2013-02-25.
- ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch ci cj ck cl cm cn co cp cq cr cs ct cu cv cw cx cy cz da db dc dd Moody's — Sovereign Ratings Summary; Sovereign and supranational issuer ratings summary
- ^ Bases, Daniel (3 April 2012). "Moody's cuts Bosnia rating one notch to B3". Reuters.
- ^ "Moody's downgrades Cyprus's government bond ratings to B3 from Ba3, negative outlook". Moodys.com. Retrieved 2013-02-25.
- ^ Moody's Downgrades Egypt's Credit Rating March 21, 2013. Accessed March 21, 2013
- ^ a b c "Germany's AAA credit rating on 'negative outlook'". BBC News. 2012-07-24.
- ^ Simon, Zoltan. "Hungary Debt-Grade Cut to Junk Boosts Need for IMF as Rate Pressure Rises". Bloomberg.com. Retrieved 2013-02-25.
- ^ "Moody's downgrades Italy's government bond rating to Baa2 from A3, maintains negative outlook". Moodys.com. 2012-07-13. Retrieved 2013-02-25.
- ^ "Moody's downgrades Pakistan's government bond ratings to Caa1, outlook negative". Moody's Investors Service.
- ^ "Moody's upgrades PH ratings". Rappler.
- ^ "Moody's sube la calificacion soberana de Uruguay a Baa3 de Ba1; perspectiva se mantiene positiva". Moodys.com. 2012-07-31. Retrieved 2013-02-25.
- ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch http://en.dagongcredit.com/ratingAnnouncement/countryList.html
- ^ Dagong downgrades ... outlook of Belgium
- ^ "Dagong gives BBB+ sovereign credit rating to Colombia". News.xinhuanet.com. 2012-03-31. Retrieved 2013-02-25.
- ^ Dagong Changes Its Outlook on the Sovereign Credit Rating of Poland to Negative
- ^ Announcement on Dagong Downgrading the Credit Rating of the USA
- ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag http://www.jcr.co.jp/english/rat_sove/rat_list.php
- ^ Country Brief - Gambia
- ^ Cbonds.Info - Fitch (UK) Withdraws Iran's Ratings
- ^ Fitch Downgrades, Withdraws Libya's Credit Rating - FoxBusiness.com
- ^ "Mali given credit rating under UN development initiative". Un.org. 2004-05-06. Retrieved 2013-02-25.
- ^ "Fitch withdraws Mali's ratings". Af.reuters.com. 2009-12-04. Retrieved 2013-02-25.
- ^ "Moody's Withdraws Turkmenistan's Sovereign Ratings". Moodys.com. 2010-09-09. Retrieved 2013-02-25.