This is a list of countries by credit rating, showing long-term foreign currency credit ratings for sovereign bonds as reported by the largest three major credit rating agencies: Standard & Poor's, Fitch, and Moody's. The list also includes all administrative divisions not issuing sovereign bonds, but it excludes regions, provinces and municipalities issuing sub-sovereign bonds.
Standard & Poor's
edit
Legend:
AAA AA+ AA AA−
A+ A A− BBB+
BBB BBB− BB+ BB
BB− B+ B B−
CCC+ CCC CCC− SD/D
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. An SD rating indicates that the country has selectively defaulted on some outstanding obligations[1][2]
| Country/Territory | Rating | Outlook | Date | Ref. |
|---|---|---|---|---|
 Abu Dhabi, UAE |
Stable  |
30 May 2023 | [3] | |
 Albania |
Positive  |
23 March 2024 | [4] | |
 Andorra |
Positive |
10 May 2024 | [5] | |
 Angola |
Stable |
4 February 2022 | [6] | |
 Argentina |
Stable |
15 March 2024 | [7] | |
 Armenia |
Stable |
25 August 2023 | [8] | |
 Aruba |
Stable |
15 March 2021 | [9] | |
 Australia |
Stable |
6 June 2021 | [10] | |
 Austria |
Stable |
26 August 2022 | [11] | |
 Azerbaijan |
Stable |
22 January 2021 | [12] | |
 Bahamas |
Stable |
12 November 2021 | [13] | |
 Bahrain |
Stable |
24 November 2023 | [14] | |
 Bangladesh |
Negative  |
24 July 2023 | [11] | |
 Barbados |
Positive |
26 October 2023 | [15] | |
 Belgium |
Stable |
28 February 2014 | [11] | |
 Belize |
Stable |
9 November 2021 | [16] | |
 Benin |
Positive |
20 October 2023 | [17] | |
 Bermuda |
Stable |
28 April 2015 | [11] | |
 Bolivia |
Negative |
22 November 2023 | [18] | |
 Bosnia and Herzegovina |
Stable |
4 August 2023 | [19] | |
 Botswana |
Stable |
17 September 2021 | [20] | |
 Brazil |
Positive |
3 July 2024 | [21] | |
 Bulgaria |
Positive |
24 November 2023 | [22] | |
 Burkina Faso |
Stable |
26 January 2022 | [23] | |
 Cape Verde |
Stable |
19 February 2021 | [11] | |
 Cameroon |
Stable |
10 August 2023 | [24] | |
 Canada |
Stable |
29 July 2002 | [11] | |
 Chile |
Negative |
19 October 2023 | [25] | |
 China |
Stable |
21 September 2017 | [26] | |
 Colombia |
Negative |
19 May 2021 | [21] | |
 Cook Islands |
Stable |
11 November 2020 | [11] | |
 Costa Rica |
Stable |
27 October 2023 | [27] | |
 Ivory Coast |
Stable |
6 July 2021 | [28] | |
 Croatia |
Positive |
13 September 2024 | [29] | |
 Curaçao |
Stable |
24 February 2022 | [30] | |
 Cyprus |
Positive |
1 September 2023 | [11] | |
 Czech Republic |
Stable |
24 August 2011 | [11] | |
 DR Congo |
Stable |
28 January 2022 | [31] | |
 Denmark |
Stable |
27 February 2001 | [11] | |
 Dominican Republic |
Stable |
19 December 2022 | [32] | |
 Ecuador |
Negative |
1 September 2020 | [21] | |
 Egypt |
Stable |
20 October 2023 | [33] | |
 El Salvador |
Stable |
7 November 2023 | [34] | |
 Estonia |
Negative |
6 December 2022 | [11] | |
 Ethiopia |
15 December 2023 | [35] | ||
 Falkland Islands |
Stable |
22 September 2021 | [21] | |
 Fiji |
Stable |
22 September 2021 | [36] | |
 Finland |
Stable |
16 September 2016 | [11] | |
 France |
Stable |
31 May 2024 | [37] | |
 Georgia |
Stable |
25 February 2022 | [38] | |
 Germany |
Stable |
13 January 2012 | [11] | |
 Ghana |
20 December 2022 | [39] | ||
 Greece |
Positive |
19 April 2024 | [40] | |
 Guatemala |
Stable |
11 April 2023 | [41] | |
 Guernsey |
Stable |
14 January 2023 | [42] | |
 Honduras |
Stable |
29 September 2023 | [11] | |
 Hong Kong |
Stable |
21 September 2017 | [43] | |
 Hungary |
Stable |
27 January 2023 | [44] | |
 Iceland |
Stable |
10 November 2023 | [45] | |
 India |
Positive |
29 May 2024 | [46] | |
 Indonesia |
Stable |
27 April 2022 | [47] | |
 Iraq |
Stable |
17 February 2023 | [48] | |
 Ireland |
Stable |
19 May 2023 | [49] | |
 Israel |
Negative |
1 October 2024 | [50] | |
 Italy |
Stable |
26 July 2022 | [51] | |
 Jamaica |
Stable |
13 September 2023 | [52] | |
 Japan |
Stable |
9 June 2020 | [53] | |
 Jersey |
Stable |
16 January 2021 | [54] | |
 Jordan |
Stable |
20 October 2017 | [55] | |
 Kazakhstan |
Stable |
3 March 2023 | [56] | |
 Kenya |
Stable |
2 August 2024 | [57] | |
 Kuwait |
Stable |
15 July 2022 | [58] | |
 Latvia |
Negative |
6 December 2022 | [59] | |
 Lebanon |
11 March 2020 | [60] | ||
 Liechtenstein |
Stable |
26 February 2016 | [11] | |
 Lithuania |
Negative |
2 December 2022 | [61] | |
 Luxembourg |
Stable |
14 January 2013 | [11] | |
 Madagascar |
Stable |
9 October 2023 | [62] | |
 Malaysia |
Stable |
27 June 2022 | [63] | |
 Malta |
Stable |
13 March 2020 | [64] | |
 Mauritius |
Stable |
21 July 2023 | [65] | |
 Mexico |
Stable |
6 July 2022 | [11] | |
 Mongolia |
Stable |
9 November 2018 | [66] | |
 Montenegro |
Stable |
5 March 2021 | [67] | |
 Montserrat |
Stable |
2 September 2011 | [11] | |
 Morocco |
Stable |
2 April 2021 | [68] | |
 Mozambique |
Stable |
22 November 2019 | [69] | |
 Netherlands |
Stable |
20 November 2015 | [11] | |
 New Zealand |
Stable |
21 February 2021 | [70] | |
 Nicaragua |
Stable |
25 October 2022 | [11] | |
 Nigeria |
Stable |
4 August 2023 | [71] | |
 North Macedonia |
Stable |
24 May 2013 | [11] | |
 Norway |
Stable |
8 November 1990 | [72] | |
 Oman |
Stable |
29 September 2023 | [11] | |
 Pakistan |
Stable |
22 December 2022 | [73] | |
 Panama |
Negative |
7 November 2023 | [74] | |
 Papua New Guinea |
Stable |
3 June 2021 | [21] | |
 Paraguay |
Stable |
15 June 2016 | [11] | |
 Peru |
Negative |
12 December 2022 | [75] | |
 Philippines |
Stable |
30 April 2019 | [76] | |
 Poland |
Stable |
12 October 2018 | [11] | |
 Portugal |
Positive |
1 March 2024 | [77] | |
 Qatar |
Stable |
4 November 2022 | [78] | |
 Ras Al Khaimah, UAE |
Positive |
16 October 2023 | [79] | |
 Congo |
Stable |
28 July 2023 | [11] | |
 Romania |
Stable |
16 April 2021 | [11] | |
 Rwanda |
Stable |
27 January 2023 | [80] | |
 Saint Helena |
Stable |
31 March 2023 | [81] | |
 Saudi Arabia |
Stable |
17 March 2023 | [82] | |
 Senegal |
Stable |
6 December 2019 | [83] | |
 Serbia |
Stable |
4 October 2024 | [84] | |
| Sharjah, UAE |
Stable |
17 November 2023 | [85] | |
 Singapore |
Stable |
6 March 1995 | [86] | |
 Slovakia |
Stable |
19 May 2023 | [87] | |
 Slovenia |
Stable |
14 June 2019 | [88] | |
 South Africa |
Stable |
8 March 2023 | [89] | |
 South Korea |
Stable |
7 August 2016 | [90] | |
 Spain |
Stable |
18 March 2022 | [11] | |
 Sri Lanka |
25 April 2022 | [91] | ||
 Suriname |
Stable |
6 December 2023 | [11] | |
 Sweden |
Stable |
16 February 2004 | [11] | |
 Switzerland |
Stable |
26 June 1989 | [11] | |
 Taiwan |
Stable |
29 April 2022 | [92] | |
 Tajikistan |
Stable |
17 February 2023 | [93] | |
 Thailand |
Stable |
13 April 2020 | [94] | |
 Togo |
Stable |
17 March 2023 | [95] | |
 Trinidad and Tobago |
Stable |
21 July 2022 | [96] | |
 Turkey |
Stable |
2 November 2024 | [97] | |
 Turkmenistan |
Stable |
2 August 2024 | [98] | |
 Turks and Caicos Islands |
Stable |
29 March 2022 | [99] | |
 Uganda |
Stable |
9 December 2022 | [21] | |
 Ukraine |
2 August 2024 | [100] | ||
 United Kingdom |
Stable |
21 April 2023 | [101] | |
 United States |
Stable |
10 June 2013 | [11] | |
 Uruguay |
Stable |
26 April 2023 | [102] | |
 Uzbekistan |
Stable |
4 June 2021 | [103] | |
 Vietnam |
Stable |
27 May 2022 | [11] | |
 Zambia |
21 October 2020 | [11] |
Fitch
edit
Legend:
AAA AA+ AA AA−
A+ A A− BBB+
BBB BBB− BB+ BB
BB− B+ B B−
CCC+ CCC CCC− RD
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.[104] Fitch Ratings typically does not assign outlooks to sovereign ratings below B− (CCC and lower) or modifiers. CCC indicates 'Substantial Credit Risk' where 'default is a real possibility'. CC indicates 'Very High Levels of Credit Risk' where 'default of some kind appears probable'.[105]
| Country/Territory | Rating | Outlook | Date | Ref. |
|---|---|---|---|---|
| Abu Dhabi, UAE |
Stable |
2 July 2007 | [106] | |
| Andorra |
Stable |
8 July 2022 | [107] | |
| Angola |
Stable |
23 June 2023 | [108] | |
| Argentina |
15 November 2024 | [109] | ||
| Armenia |
Stable |
28 July 2023 | [110] | |
| Aruba |
Stable |
16 March 2023 | [111] | |
| Australia |
Stable |
13 October 2021 | [112] | |
| Austria |
Stable |
25 August 2023 | [113] | |
| Azerbaijan |
Stable |
26 July 2024 | [114] | |
| Bahrain |
Stable |
17 July 2023 | [115] | |
| Bangladesh |
Stable |
27 May 2024 | [116] | |
| Barbados |
Positive |
17 October 2023 | [117] | |
 Belarus |
Ratings withdrawn |
6 October 2023 | [118] | |
| Belgium |
Negative |
10 March 2023 | [119] | |
| Benin |
Stable |
8 March 2019 | [120] | |
| Bolivia |
6 February 2024 | [121] | ||
| Brazil |
Stable |
26 July 2023 | [122] | |
| Bulgaria |
Positive |
19 February 2021 | [123] | |
| Cape Verde |
Stable |
21 May 2024 | [124] | |
| Cameroon |
Negative |
17 November 2023 | [125] | |
| Canada |
Stable |
24 June 2020 | [126] | |
| Chile |
Stable |
15 October 2020 | [127] | |
| China |
Negative |
09 April 2024 | [128] | |
| Colombia |
Stable |
01 July 2021 | [129] | |
| Costa Rica |
Stable |
28 Feb 2024 | [130] | |
| Ivory Coast |
Stable |
19 July 2021 | [131] | |
| Croatia |
Stable |
20 September 2024 | [132] | |
| Cyprus |
Positive |
7 June 2024 | [133] | |
| Czech Republic |
Stable |
23 February 2024 | [134] | |
| Denmark |
Stable |
10 November 2003 | [135] | |
| Dominican Republic |
Positive |
29 November 2023 | [136] | |
| Ecuador |
16 August 2023 | [137] | ||
| Egypt |
Stable |
3 November 2023 | [138] | |
| El Salvador |
5 May 2023 | [139] | ||
| Estonia |
Stable |
28 July 2023 | [140] | |
| Ethiopia |
27 December 2023 | [141] | ||
 European Union |
Stable |
6 May 1999 | [142] | |
| Finland |
Negative |
9 August 2024 | [143] | |
| France |
Stable |
28 April 2023 | [144] | |
 Gabon |
26 July 2024 | [145] | ||
| Georgia |
Stable |
21 June 2024 | [146] | |
| Germany |
Stable |
10 August 1994 | [147] | |
| Ghana |
21 February 2023 | [148] | ||
| Greece |
Stable |
1 December 2023 | [149] | |
| Guatemala |
Stable |
16 February 2023 | [150] | |
| Honduras |
Stable |
30 August 2023 | [151] | |
| Hong Kong |
Stable |
20 April 2020 | [152] | |
| Hungary |
Negative |
20 January 2023 | [153] | |
| Iceland |
Stable |
18 March 2022 | [154] | |
| India |
Stable |
10 June 2022 | [155] | |
| Indonesia |
Stable |
20 December 2017 | [156] | |
| Iraq |
Stable |
24 March 2021 | [157] | |
| Ireland |
Stable |
31 May 2024 | [158] | |
| Israel |
Negative |
12 August 2024 | [159] | |
| Italy |
Stable |
3 December 2021 | [160] | |
| Jamaica |
Positive |
5 March 2024 | [161] | |
| Japan |
Stable |
25 March 2022 | [162] | |
| Jordan |
Stable |
7 December 2021 | [163] | |
| Kazakhstan |
Stable |
29 April 2016 | [164] | |
| Kenya |
Stable |
2 August 2024 | [165] | |
 Kosovo |
Stable |
19 April 2024 | [166] | |
| Kuwait |
Stable |
27 January 2022 | [167] | |
 Laos |
Ratings Withdrawn |
10 October 2022 | [168] | |
| Latvia |
Positive |
28 July 2023 | [169] | |
| Lebanon |
4 August 2023 | [170] | ||
 Lesotho |
Stable |
22 July 2022 | [171] | |
| Lithuania |
Stable |
31 January 2020 | [172] | |
| Luxembourg |
Stable |
10 August 1994 | [173] | |
 Macau |
Stable |
15 April 2021 | [174] | |
| Malaysia |
Stable |
4 December 2020 | [175] | |
 Maldives |
29 August 2024 | [176] | ||
| Malta |
Stable |
17 April 2020 | [177] | |
| Mexico |
Stable |
15 April 2020 | [178] | |
 Moldova |
Stable |
27 September 2024 | [179] | |
| Mongolia |
Stable |
18 September 2024 | [180] | |
| Morocco |
Stable |
23 October 2020 | [181] | |
| Mozambique |
26 August 2022 | [182] | ||
 Namibia |
Stable |
24 June 2022 | [183] | |
| Netherlands |
Stable |
11 July 2014 | [184] | |
| New Zealand |
Stable |
9 September 2022 | [185] | |
| Nicaragua |
Stable |
30 May 2024 | [186] | |
| Nigeria |
Positive |
3 May 2024 | [187] | |
| North Macedonia |
Stable |
14 April 2023 | [188] | |
| Norway |
Stable |
13 March 1995 | [189] | |
| Oman |
Stable |
25 September 2023 | [190] | |
| Pakistan |
29 July 2024 | [191] | ||
| Panama |
Stable |
28 March 2024 | [192] | |
| Paraguay |
Stable |
11 December 2018 | [193] | |
| Peru |
Negative |
20 October 2022 | [194] | |
| Philippines |
Stable |
22 May 2023 | [195] | |
| Poland |
Stable |
23 August 2013 | [196] | |
| Portugal |
Positive |
20 September 2024 | [197] | |
| Qatar |
Stable |
20 March 2024 | [198] | |
| Ras Al Khaimah, UAE |
Stable |
23 May 2023 | [199] | |
| Congo |
16 September 2022 | [200] | ||
| Romania |
Stable |
24 March 2023 | [201] | |
 Russia |
Ratings withdrawn |
25 March 2022 | [202] | |
| Rwanda |
Stable |
6 October 2023 | [203] | |
 San Marino |
Positive |
15 December 2023 | [204] | |
| Saudi Arabia |
Stable |
5 April 2023 | [205] | |
| Serbia |
Positive |
9 August 2024 | [206] | |
 Seychelles |
Positive |
15 March 2024 | [207] | |
| Singapore |
Stable |
14 May 2003 | [208] | |
| Slovakia |
Stable |
8 December 2023 | [209] | |
| Slovenia |
Stable |
19 July 2019 | [210] | |
| South Africa |
Stable |
15 December 2021 | [211] | |
| South Korea |
Stable |
6 September 2012 | [212] | |
| Spain |
Stable |
19 January 2018 | [213] | |
| Sri Lanka |
28 September 2023 | [214] | ||
| Suriname |
Ratings withdrawn |
25 January 2022 | [215] | |
| Sweden |
Stable |
8 March 2004 | [216] | |
| Switzerland |
Stable |
10 August 1994 | [217] | |
| Taiwan |
Stable |
10 September 2021 | [218] | |
 Tanzania |
Stable |
9 June 2023 | [219] | |
| Thailand |
Stable |
17 March 2020 | [220] | |
 Tunisia |
16 September 2024 | [221] | ||
| Turkey |
Stable |
6 September 2024 | [222] | |
| Turkmenistan |
Stable |
2 August 2024 | [223] | |
| Uganda |
Stable |
30 August 2024 | [224] | |
| Ukraine |
13 August 2024 | [225] | ||
 United Arab Emirates |
Stable |
11 November 2020 | [226] | |
| United Kingdom |
Stable |
22 March 2024 | [227] | |
| United States |
Stable |
1 August 2023 | [228] | |
| Uruguay |
Stable |
7 June 2023 | [229] | |
| Uzbekistan |
Stable |
20 December 2018 | [230] | |
| Vietnam |
Stable |
8 December 2023 | [231] | |
| Zambia |
18 November 2020 | [232] |
Moody's
edit
Legend:
Aaa Aa1 Aa2 Aa3 A1
A2 A3 Baa1 Baa2 Baa3
Ba1 Ba2 Ba3 B1 B2
B3 Caa1 Caa2 Caa3 Ca C
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.[233]
| Country/Territory | Rating | Outlook | Date | Ref. |
|---|---|---|---|---|
| Angola |
Positive |
24 October 2023 | [234] | |
| Albania |
Stable |
19 October 2024 | [235] | |
| Argentina |
Stable |
27 September 2022 | [236] | |
| Armenia |
Stable |
22 June 2023 | [237] | |
| Australia |
Stable |
28 June 2022 | [238] | |
| Austria |
Stable |
24 February 2023 | [239] | |
| Azerbaijan |
Stable |
5 August 2022 | [240] | |
| Bahamas |
Stable |
6 October 2022 | [241] | |
| Bahrain |
Stable |
22 April 2022 | [242] | |
| Bangladesh |
Stable |
30 May 2023 | [243] | |
| Barbados |
Stable |
3 August 2023 | [244] | |
| Belarus |
Stable |
2 June 2023 | [245] | |
| Belgium |
Stable |
28 April 2023 | [246] | |
| Belize |
Stable |
16 November 2022 | [247] | |
| Benin |
Stable |
18 September 2023 | [248] | |
| Bermuda |
Stable |
21 June 2022 | [249] | |
| Bolivia |
Negative |
30 June 2023 | [250] | |
| Bosnia and Herzegovina |
Stable |
22 July 2022 | [251] | |
| Botswana |
Stable |
27 October 2023 | [252] | |
| Brazil |
Positive |
7 October 2024 | [253] | |
| Bulgaria |
Stable |
3 February 2023 | [254] | |
 Cambodia |
Negative |
15 November 2022 | [255] | |
| Cameroon |
Stable |
27 July 2023 | [256] | |
| Canada |
Stable |
3 November 2022 | [257] | |
 Cayman Islands |
Stable |
8 June 2023 | [258] | |
| Chile |
Stable |
15 September 2022 | [259] | |
| China |
Negative |
5 December 2023 | [260] | |
| Colombia |
Stable |
8 June 2023 | [261] | |
| Congo |
Stable |
3 November 2023 | [262] | |
| Costa Rica |
Positive |
18 September 2024 | [263] | |
| Ivory Coast |
Positive |
27 June 2022 | [264] | |
| Croatia |
Stable |
7 November 2024 | [265] | |
 Cuba |
Ratings withdrawn |
18 November 2021 | [266] | |
| Cyprus |
Stable |
29 September 2023 | [267] | |
| Czech Republic |
Stable |
24 November 2023 | [268] | |
| Denmark |
Stable |
11 February 2022 | [269] | |
| Dominican Republic |
Positive |
10 August 2023 | [270] | |
| DR Congo |
Stable |
11 November 2022 | [271] | |
| Ecuador |
Stable |
27 February 2023 | [272] | |
| Egypt |
Negative |
18 January 2024 | [273] | |
| El Salvador |
Stable |
3 February 2023 | [274] | |
| Estonia |
Stable |
29 April 2022 | [275] | |
 Eswatini |
Positive |
1 December 2023 | [276] | |
| Ethiopia |
Stable |
15 September 2023 | [277] | |
| Fiji |
Stable |
7 October 2022 | [278] | |
| Finland |
Stable |
29 July 2022 | [279] | |
| France |
Stable |
2 December 2022 | [280] | |
| Gabon |
Negative |
12 September 2023 | [281] | |
| Georgia |
Negative |
28 April 2022 | [282] | |
| Germany |
Stable |
10 February 2023 | [283] | |
| Ghana |
Stable |
9 June 2023 | [284] | |
| Greece |
Stable |
15 September 2023 | [285] | |
| Guatemala |
Stable |
15 June 2022 | [286] | |
| Honduras |
Stable |
3 October 2023 | [287] | |
| Hong Kong |
Negative |
6 December 2023 | [288] | |
| Hungary |
Stable |
1 September 2023 | [289] | |
| Iceland |
Stable |
19 September 2024 | [290] | |
| India |
Stable |
18 August 2023 | [291] | |
| Indonesia |
Stable |
10 February 2022 | [292] | |
| Iraq |
Stable |
24 November 2023 | [293] | |
| Ireland |
Stable |
21 April 2023 | [294] | |
 Isle of Man |
Stable |
27 October 2023 | [295] | |
| Israel |
Negative |
27 September 2024 | [296] | |
| Italy |
Stable |
17 November 2023 | [297] | |
| Jamaica |
Positive |
18 October 2023 | [298] | |
| Japan |
Stable |
8 November 2023 | [299] | |
| Jordan |
Positive |
17 November 2022 | [300] | |
| Kazakhstan |
Positive |
09 September 2024 | [301] | |
| Kenya |
Negative |
28 July 2023 | [302] | |
| Kuwait |
Stable |
26 May 2022 | [303] | |
 Kyrgyzstan |
Negative |
17 October 2022 | [304] | |
| Latvia |
Stable |
29 April 2022 | [305] | |
| Lebanon |
Stable |
13 December 2023 | [306] | |
| Lithuania |
Stable |
29 April 2022 | [307] | |
| Luxembourg |
Stable |
17 March 2023 | [308] | |
| Macau |
Negative |
6 December 2022 | [309] | |
| Malaysia |
Stable |
14 April 2023 | [310] | |
| Maldives |
Stable |
11 September 2024 | [311] | |
 Mali |
Stable |
9 September 2022 | [312] | |
| Malta |
Stable |
18 November 2022 | [313] | |
| Mauritius |
Stable |
28 July 2022 | [314] | |
| Mexico |
Stable |
8 July 2022 | [315] | |
| Moldova |
Stable |
18 August 2023 | [316] | |
| Mongolia |
Stable |
14 February 2023 | [317] | |
| Montenegro |
Stable |
27 September 2024 | [318] | |
| Morocco |
Stable |
1 July 2022 | [319] | |
| Mozambique |
Stable |
22 September 2023 | [320] | |
| Namibia |
Stable |
5 April 2022 | [321] | |
| Netherlands |
Stable |
27 January 2023 | [322] | |
| New Zealand |
Stable |
21 April 2022 | [323] | |
| Nicaragua |
Stable |
30 March 2022 | [324] | |
| Nigeria |
Positive |
8 December 2023 | [325] | |
| Norway |
Stable |
6 May 2022 | [326] | |
| Oman |
Stable |
7 December 2023 | [327] | |
| Pakistan |
Stable |
28 February 2023 | [328] | |
| Panama |
Stable |
31 October 2023 | [329] | |
| Papua New Guinea |
Stable |
10 November 2022 | [330] | |
| Paraguay |
Stable |
26 July 2024 | [331] | |
| Peru |
Negative |
31 January 2023 | [332] | |
| Philippines |
Stable |
15 September 2022 | [333] | |
| Poland |
Stable |
29 April 2022 | [334] | |
| Portugal |
Stable |
17 November 2023 | [335] | |
| Qatar |
Positive |
2 November 2022 | [336] | |
| Romania |
Stable |
3 November 2023 | [337] | |
| Russia |
Ratings withdrawn |
6 March 2022 | [338] | |
| Rwanda |
Stable |
8 September 2023 | [339] | |
 Saint Vincent and the Grenadines |
Stable |
1 March 2022 | [340] | |
| Saudi Arabia |
Positive |
22 November 2024 | [341] | |
| Senegal |
Stable |
18 March 2022 | [342] | |
| Serbia |
Stable |
8 September 2023 | [343] | |
| Singapore |
Stable |
17 May 2022 | [344] | |
| Slovakia |
Negative |
24 November 2023 | [345] | |
| Slovenia |
Stable |
21 October 2022 | [346] | |
| South Africa |
Stable |
1 April 2022 | [347] | |
| South Korea |
Stable |
21 April 2022 | [348] | |
| Spain |
Stable |
15 July 2022 | [349] | |
| Sri Lanka |
Stable |
18 April 2022 | [350] | |
| Suriname |
Stable |
17 February 2023 | [351] | |
| Sweden |
Stable |
25 March 2022 | [352] | |
| Switzerland |
Stable |
17 February 2023 | [353] | |
| Taiwan |
Stable |
22 September 2022 | [354] | |
| Tajikistan |
Stable |
12 October 2023 | [355] | |
| Thailand |
Stable |
7 April 2022 | [356] | |
| Trinidad and Tobago |
Positive |
10 July 2023 | [357] | |
| Tunisia |
Stable |
22 March 2024 | [358] | |
| Turkey |
Positive |
19 July 2024 | [359] | |
| Uganda |
Negative |
18 November 2022 | [360] | |
| Ukraine |
Stable |
10 February 2023 | [361] | |
| United Arab Emirates |
Stable |
21 March 2023 | [362] | |
| United Kingdom |
Stable |
20 October 2023 | [363] | |
| United States |
Negative |
10 November 2023 | [364] | |
| Uruguay |
Stable |
15 March 2024 | [365] | |
| Uzbekistan |
Stable |
20 January 2023 | [366] | |
 Venezuela |
Ratings withdrawn |
9 March 2018 | [367] | |
| Vietnam |
Stable |
6 September 2022 | [368] | |
| Zambia |
Stable |
21 October 2022 | [369] |
Others
editDBRS Morningstar
editFor DBRS Morningstar,[370] a bond is considered investment grade if its credit rating is BBB(low) or higher. Bonds rated BB(high) and below are considered to be speculative grade, sometimes also referred to as "junk" bonds.
| Country | Rating | Outlook | Date |
|---|---|---|---|
| Argentina |
Stable |
3 March 2023 | |
| Australia |
Stable |
20 January 2023 | |
| Austria |
Stable |
14 July 2023 | |
| Belgium |
Stable |
4 August 2023 | |
| Brazil |
Stable |
28 July 2023 | |
| Canada |
Stable |
8 September 2023 | |
| China |
Stable |
9 November 2023 | |
| Colombia |
Stable |
26 June 2023 | |
| Cyprus |
Stable |
29 September 2023 | |
| Denmark |
Stable |
17 November 2023 | |
| Estonia |
Stable |
21 July 2023 | |
| Finland |
Stable |
22 September 2023 | |
| France |
Stable |
22 September 2023 | |
| Germany |
Stable |
1 December 2023 | |
| Greece |
Stable |
8 September 2023 | |
| India |
Stable |
16 May 2023 | |
| Ireland |
Stable |
3 November 2023 | |
| Italy |
Stable |
27 October 2023 | |
| Japan |
Stable |
19 November 2023 | |
| Latvia |
Stable |
15 September 2023 | |
| Lithuania |
Stable |
17 November 2023 | |
| Luxembourg |
Stable |
10 November 2023 | |
| Malta |
Stable |
13 October 2023 | |
| Mexico |
Stable |
8 May 2023 | |
| Netherlands |
Stable |
15 September 2023 | |
| Norway |
Stable |
29 September 2023 | |
| Poland |
Stable |
10 November 2023 | |
| Portugal |
Stable |
21 July 2023 | |
| San Marino |
Stable |
1 December 2023 | |
| Singapore |
Stable |
24 August 2023 | |
| Slovakia |
Stable |
25 August 2023 | |
| Slovenia |
Stable |
8 December 2023 | |
| Spain |
Stable |
1 December 2023 | |
| Sweden |
Stable |
4 August 2023 | |
| Switzerland |
Stable |
21 July 2023 | |
| United Kingdom |
Stable |
17 November 2023 | |
| United States |
Stable |
10 October 2023 | |
| Uruguay |
Stable |
20 November 2023 |
Scope Ratings
editFor Scope[371] – the European rating agency – 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.
| Country/Territory | Rating | Outlook | Date |
|---|---|---|---|
| Austria |
Stable |
26 April 2024 | |
| Belgium |
Negative |
15 September 2023 | |
| Bulgaria |
Positive |
2 August 2024 | |
| China |
Stable |
26 July 2024 | |
| Croatia |
Stable |
18 October 2024 | |
| Cyprus |
Stable |
25 October 2024 | |
| Czech Republic |
Stable |
26 April 2024 | |
| Denmark |
Stable |
6 September 2024 | |
| Egypt |
Stable |
12 April 2024 | |
| Estonia |
Stable |
19 April 2024 | |
| Finland |
Stable |
15 March 2024 | |
| France |
Stable |
18 October 2024 | |
| Georgia |
Stable |
2 February 2024 | |
| Germany |
Stable |
27 September 2024 | |
| Greece |
Positive |
12 July 2024 | |
| Hungary |
Stable |
8 November 2024 | |
| Ireland |
Stable |
23 August 2024 | |
| Italy |
Stable |
12 July 2024 | |
| Japan |
Stable |
22 March 2024 | |
| Latvia |
Stable |
20 September 2024 | |
| Lithuania |
Positive |
20 September 2024 | |
| Luxembourg |
Stable |
24 May 2024 | |
| Malta |
Stable |
2 August 2024 | |
| Morocco |
Stable |
2 August 2024 | |
| Netherlands |
Stable |
11 October 2024 | |
| Norway |
Stable |
6 September 2024 | |
| Poland |
Stable |
26 July 2024 | |
| Portugal |
Stable |
22 November 2024 | |
| Romania |
Stable |
1 March 2024 | |
| Serbia |
Positive |
26 July 2024 | |
| Slovakia |
Stable |
9 February 2024 | |
| Slovenia |
Stable |
5 July 2024 | |
| South Africa |
Stable |
13 September 2024 | |
| Spain |
Stable |
6 September 2024 | |
| Sweden |
Stable |
23 August 2024 | |
| Switzerland |
Stable |
4 October 2024 | |
| Turkey |
Positive |
28 June 2024 | |
| Ukraine |
30 August 2024 | ||
| United Kingdom |
Stable |
11 October 2024 | |
| United States |
Negative |
29 June 2023 |
JCR
editJapan Credit Rating Agency[372] (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.
| Country/Territory | Rating | Outlook | Date |
|---|---|---|---|
| Australia |
Stable |
26 April 2023 | |
| Belgium |
Stable |
2 June 2023 | |
| Brazil |
Stable |
20 December 2023 | |
| Canada |
Stable |
20 December 2023 | |
| Chile |
Stable |
4 April 2023 | |
| China |
Stable |
2 November 2023 | |
| Czech Republic |
Stable |
30 June 2023 | |
| Denmark |
Stable |
15 December 2023 | |
| Egypt |
2 November 2023 | ||
| Finland |
Stable |
22 February 2023 | |
| France |
Stable |
6 October 2022 | |
| Germany |
Stable |
3 August 2023 | |
| Hong Kong |
Stable |
27 April 2023 | |
| Hungary |
Stable |
18 February 2022 | |
| India |
Stable |
27 December 2023 | |
| Indonesia |
Stable |
27 July 2022 | |
| Italy |
Stable |
16 December 2022 | |
| Japan |
Stable |
27 December 2023 | |
| Malaysia |
Stable |
12 September 2022 | |
| Mexico |
Stable |
18 August 2023 | |
| Netherlands |
Stable |
9 June 2023 | |
| Norway |
Stable |
7 September 2023 | |
| Peru |
Stable |
27 April 2023 | |
| Philippines |
Stable |
10 March 2023 | |
| Poland |
Stable |
16 November 2023 | |
| Portugal |
Stable |
13 January 2023 | |
| Romania |
Stable |
27 November 2023 | |
| Singapore |
Stable |
22 December 2023 | |
| Slovakia |
Negative |
6 October 2022 | |
| Slovenia |
Stable |
21 September 2022 | |
| South Korea |
Stable |
30 September 2022 | |
| Spain |
Stable |
24 April 2023 | |
| Thailand |
Stable |
11 November 2022 | |
| Turkey |
Stable |
10 May 2024 | |
| United Kingdom |
Stable |
25 January 2023 | |
| United States |
Stable |
26 June 2023 | |
| Uruguay |
Stable |
22 November 2023 |
China Chengxin
editChina Chengxin Credit Rating Group[373] is a credit rating agency based in China.
| Country/Territory | Rating | Outlook | Date |
|---|---|---|---|
| Austria |
Stable |
29 December 2023 | |
| Bangladesh |
Stable |
29 December 2023 | |
| Belgium |
Stable |
29 December 2023 | |
| Bulgaria |
Stable |
29 December 2023 | |
| Cambodia |
Stable |
29 December 2023 | |
| Canada |
Stable |
13 September 2023 | |
| China |
Stable |
29 December 2023 | |
| Egypt |
Stable |
15 November 2023 | |
| Estonia |
Stable |
29 December 2023 | |
| France |
Stable |
16 November 2023 | |
| Greece |
Stable |
26 October 2023 | |
| Ireland |
Stable |
29 December 2023 | |
| Israel |
Stable |
26 October 2023 | |
| Italy |
Stable |
29 December 2023 | |
 Korea |
Stable |
13 September 2023 | |
| Mexico |
Stable |
29 December 2023 | |
| Mongolia |
Stable |
29 December 2023 | |
| Netherlands |
Stable |
29 December 2023 | |
| Pakistan |
Stable |
13 September 2023 | |
| Romania |
Stable |
29 December 2023 | |
| Saudi Arabia |
Stable |
13 September 2023 | |
| Singapore |
Stable |
6 November 2023 | |
| Slovenia |
Stable |
29 December 2023 | |
| South Africa |
Stable |
29 December 2023 | |
| Spain |
Stable |
13 September 2023 | |
| Switzerland |
Stable |
29 December 2023 | |
| Thailand |
Stable |
29 December 2023 | |
| United Arab Emirates |
Stable |
29 December 2023 | |
| United States |
Stable |
25 May 2023 | |
| Vietnam |
Stable |
13 September 2023 |
Unrated
edit| Country | Details |
|---|---|
 Afghanistan |
|
 Algeria |
|
 Antigua and Barbuda |
|
 Bhutan |
|
 Brunei Darussalam |
|
 Burundi |
|
 Central African Republic |
|
 Chad |
|
 Comoros |
|
 Djibouti |
|
 Dominica |
|
 Equatorial Guinea |
|
 Eritrea |
|
 Gambia |
Fitch suspended Gambia's credit rating after its only traded international bond expired[374] |
 Guinea |
|
 Guinea-Bissau |
|
 Guyana |
|
 Haiti |
|
 Iran |
Fitch has withdrawn all ratings for Iran following the maturity and full repayment of the last outstanding sovereign eurobond on 21 April 2008.[375] |
 Kiribati |
|
 Liberia |
|
 Libya |
Fitch has withdrawn all ratings for Libya because it does not have enough information to maintain coverage of the issuer.[376] |
 Malawi |
|
| Mali |
Mali was given a credit rating in 2004 as part of a UN development initiative,[377] but the rating was later withdrawn.[378] |
 Marshall Islands |
|
 Mauritania |
|
 Monaco |
|
 Myanmar |
|
 Nauru |
|
 Nepal |
|
 Niger |
|
 North Korea |
|
 Palau |
|
 Saint Kitts and Nevis |
|
 Saint Lucia |
|
 Samoa |
|
 Sao Tome and Principe |
|
 Sierra Leone |
|
 Solomon Islands |
|
 Somalia |
|
 Syria |
|
 Timor Leste |
|
 Tonga |
|
 Tuvalu |
|
 Vanuatu |
|
 Yemen |
|
 Zimbabwe |
See also
edit- Bond credit rating
- List of US states by credit rating
- United States federal government credit-rating downgrades
- World debt
References
edit- ^ "S&P Global Ratings Definitions".
- ^ "S&P | Ratings Credit Ratings Definitions & FAQs | Americas". Standardandpoors.com. Archived from the original on 5 March 2013. Retrieved 25 February 2013.
- ^ Sadain Gardazi, Syed (May 30, 2023). "S&P Global Affirms Abu Dhabi's Credit Ratings At 'AA', Terms Outlook Stable". Forbes Middle East.
- ^ "Rating: Albania Credit Rating". countryeconomy.com.
- ^ "Rating: Andorra Credit Rating". countryeconomy.com.
- ^ "Rating: Angola Credit Rating". countryeconomy.com.
- ^ "Argentina Long-Term Ratings Raised To 'CCC' As Debt Exchange Is Finalized; Outlook Stable". disclosure.spglobal.com.
- ^ "Rating: Armenia Credit Rating". countryeconomy.com.
- ^ "Aruba rating downgraded to BBB by S&P, outlook stable". EconomyNext. 15 March 2021. Retrieved 2 April 2021.
- ^ "Rating: Australia Credit Rating 2021". countryeconomy.com.
- ^ 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 Standard & Poor's (2023-03-15). "Sovereign Ratings List".
- ^ "Rating: Azerbaijan Credit Rating 2021". countryeconomy.com.
- ^ "Rating: Bahamas Credit Rating". countryeconomy.com.
- ^ "Rating: Bahrain Credit Rating". countryeconomy.com.
- ^ "Rating: Barbados Credit Rating". countryeconomy.com.
- ^ "Rating: Belize Credit Rating". countryeconomy.com.
- ^ Standard & Poor's (2023-10-20). "Benin Outlook Revised To Positive From Stable On Improving Economic Prospects; 'B+/B' Ratings Affirmed". S&P Global.
- ^ "Rating: Bolivia Credit Rating". countryeconomy.com.
- ^ "Rating: Bosnia and Herzegovina Credit Rating". countryeconomy.com.
- ^ "Rating: Botswana Credit Rating". countryeconomy.com.
- ^ a b c d e f Sifon-arevalo, Roberto (31 Jan 2024). "Sovereign Ratings List". www.spglobal.com. S&P Global Ratings. Retrieved 4 March 2024.
- ^ "Rating: Bulgaria Credit Rating". countryeconomy.com.
- ^ "Rating: Burkina Faso Credit Rating". countryeconomy.com.
- ^ "Rating: Cameroon Credit Rating". countryeconomy.com.
- ^ "Rating: Chile Credit Rating". countryeconomy.com.
- ^ Standard & Poor's. "Sovereign ratings wrap: S&P affirms China at A+; Fitch downgrades Suriname". S&P Global.
- ^ "Rating: Costa Rica Credit Rating". countryeconomy.com.
- ^ "Rating: Ivory Coast Credit Rating". countryeconomy.com.
- ^ Index Vijesti (13 September 2024). "Agencija S&P povećala kreditni rejting Hrvatske. Plenković: Možemo biti ponosni". index.hr. Archived from the original on 13 September 2024.
- ^ Standard & Poor's. "Research Update: Curacao Sovereign Ratings Affirmed At 'BBB−/A−3'; Outlook Remains Stable". S&P Global.
- ^ "Rating: Democratic Republic of the Congo Credit Rating". countryeconomy.com.
- ^ "Rating: Dominican Republic Credit Rating". countryeconomy.com.
- ^ "Rating: Egypt Credit Rating". countryeconomy.com.
- ^ "Rating: El Salvador Credit Rating". countryeconomy.com.
- ^ Standard & Poor's. "Ethiopia Foreign Currency Ratings Lowered To 'SD' On Suspended Eurobond Coupon Payments". S&P Global.
- ^ "Rating: Fiji Credit Rating". countryeconomy.com.
- ^ "Ratings agency S&P downgrades French credit score from AA to AA−". france24.com. 31 May 2024.
- ^ "Rating: Georgia Credit Rating". countryeconomy.com.
- ^ "Rating: Ghana Credit Rating". countryeconomy.com.
- ^ "S&P revises Greece's outlook to 'positive' on debt reduction". www.ekathimerini.com. 20 April 2024.
- ^ "Rating: Guatemala Credit Rating". countryeconomy.com.
- ^ "S&P Global has downgraded the States of Guernsey's credit rating from 'AA−/A−1 +' to 'A+/A− 1'". gov.gg. 2023-01-14.
- ^ "S&P Strips Hong Kong of AAA Rating After China Downgrade". Bloomberg. 22 September 2017.
- ^ "Rating: Hungary Credit Rating". countryeconomy.com.
- ^ "Iceland Ratings Raised To 'A+ ' On Strong Growth and Fiscal Consolidation; Outlook Stable".
- ^ "S&P upgrades outlook on India's sovereign rating to 'positive'". reuters.com.
- ^ "Indonesia Credit Rating". World Government Bonds. Retrieved 2020-05-19.
- ^ "S&P Maintains Iraq's Credit Rating". Iraq Business News. 2023-02-17.
- ^ "Rating: Ireland Credit Rating". countryeconomy.com.
- ^ "S&P downgrades Israel's long-term ratings to 'A' amid Hezbollah conflict". reuters.com.
- ^ "Rating: Italy Credit Rating". countryeconomy.com.
- ^ "S&P upgrades Jamaica's credit rating to 'BB−'". radiojamaicanewsonline.com.
- ^ "Rating: Japan Credit Rating". countryeconomy.com.
- ^ "Jersey's credit rating confirmed by Standard and Poor's". gov.je. 2021-01-16.
- ^ "Rating: Jordan Credit Rating". countryeconomy.com.
- ^ "Rating: Kazakhstan Credit Rating". countryeconomy.com.
- ^ "Fitch Downgrades Kenya to 'B-'; Outlook Stable". fitchratings.com.
- ^ "Rating: Kuwait Credit Rating". countryeconomy.com.
- ^ "Rating: Latvia Credit Rating". countryeconomy.com.
- ^ "Rating: Lebanon Credit Rating". countryeconomy.com.
- ^ "Rating: Lithuania Credit Rating". countryeconomy.com.
- ^ "S&P Global Ratings affirms Madagascar at "B−" (Foreign Currency LT credit rating); outlook stable". Cbonds. 2023-10-09.
- ^ "Rating: Malaysia Credit Rating". countryeconomy.com.
- ^ "Rating: Malta Credit Rating". countryeconomy.com.
- ^ "Rating: Mauritius Credit Rating". countryeconomy.com.
- ^ "Rating: Mongolia Credit Rating". countryeconomy.com.
- ^ "Rating: Montenegro Credit Rating". countryeconomy.com.
- ^ "Rating: Morocco Credit Rating". countryeconomy.com.
- ^ "Rating: Mozambique Credit Rating". countryeconomy.com.
- ^ "S&P Global Ratings raises New Zealand's credit rating to AA+". Radio New Zealand - RNZ. 22 February 2021.
- ^ "Rating: Nigeria Credit Rating". countryeconomy.com.
- ^ "Rating: Norway Credit Rating". countryeconomy.com.
- ^ "S&P Global lowers Pakistan's rating to 'CCC+/C'". The Express Tribune. 22 December 2022.
- ^ "Fitch Downgrades Panama to 'BB+'; Outlook Stable". www.fitchratings.com.
- ^ "Rating: Peru Credit Rating". countryeconomy.com.
- ^ "PH bags rating upgrade from S&P". CNN Philippines. Archived from the original on 2023-10-26. Retrieved 2019-04-30.
- ^ "Portugal Upgraded To 'A−' On Ongoing Steep External And Government Deleveraging; Outlook Positive". disclosure.spglobal.com. Retrieved 2024-03-01.
- ^ "Rating: Qatar Credit Rating". countryeconomy.com.
- ^ "S&P Global Ratings revises Ras Al Khaimah's outlook to 'positive'". Khaleej Times. 2023-10-16.
- ^ "Rating: Rwanda Credit Rating". countryeconomy.com.
- ^ "St Helena's Investment Grade Credit Rating Affirmed". Saint Helena Government. 2023-04-05.
- ^ "Rating: Saudi Arabia Credit Rating". countryeconomy.com.
- ^ "Rating: Senegal Credit Rating". countryeconomy.com.
- ^ "Serbia Upgraded To 'BBB-/A-3' On Strong GDP Growth And Increased External Buffers; Outlook Stable" (PDF). nbs.rs. 4 October 2024.
- ^ Standard & Poor's. "Emirate of Sharjah 'BBB−/A−3' Ratings Affirmed; Outlook Stable". S&P Global.
- ^ "Rating: Singapore Credit Rating". countryeconomy.com.
- ^ "Rating: Slovakia Credit Rating". countryeconomy.com.
- ^ "Slovenia Upgraded from A+ to AA− by S&P". Total Slovenia News. 2019-06-17.
- ^ "Rating: South Africa Credit Rating". countryeconomy.com.
- ^ "South Korea's Credit Rating Raised One Level to AA by S&P". Bloomberg. 8 August 2016.
- ^ "S&P cuts Sri Lanka to 'selective default' on missed payments". Reuters. Retrieved 25 April 2022.
- ^ "Rating: Taiwan Credit Rating". countryeconomy.com.
- ^ Standard & Poor's. "Tajikistan 'B−/B' Ratings Affirmed; Outlook Stable". S&P Global.
- ^ "Rating: Thailand Credit Rating". countryeconomy.com.
- ^ Standard & Poor's. "Togo 'B/B' Ratings Affirmed; Outlook Stable". S&P Global.
- ^ "Rating: Trinidad and Tobago Credit Rating". countryeconomy.com.
- ^ "Rating: Turkey Credit Rating". countryeconomy.com.
- ^ "Fitch Upgrades Turkmenistan to 'BB-'; Outlook Stable". fitchratings.com.
- ^ "Turks & Caicos Islands retains it BBB+ credit rating from Standard & Poors". The Sun Turks and Caicos Islands. 2022-06-27.
- ^ "Ukraine FC Rating Lowered To 'SD' On Missed Coupon Payment Amid Debt Restructuring; 'CCC+/C' LC Ratings Affirmed". S&P Global Ratings. 2 August 2024. Retrieved 3 August 2024.
- ^ "Rating: Gabon Credit Rating". countryeconomy.com.
- ^ Standard & Poor's (2023-04-26). "Research Update: Uruguay Long-Term Ratings Raised To 'BBB+' On Stronger Fiscal Policy; Outlook Stable". S&P Global.
- ^ "Rating: Uzbekistan Credit Rating". countryeconomy.com.
- ^ "Fitch Ratings — Definitions of Ratings and Other Forms of Opinion" (PDF). Retrieved 2013-02-25.
- ^ "Rating Definitions". fitchratings.com. Fitch Ratings. Retrieved 26 December 2020.
- ^ Fitch Ratings. "Fitch Affirms Abu Dhabi at 'AA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Andorra at 'A−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Angola at 'B−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Argentina to 'CCC'".
- ^ Fitch Ratings. "Fitch Upgrades Armenia to 'BB−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Aruba to 'BB+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Australia at 'AAA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Revises Austria's Outlook to Stable; Affirms IDR at 'AA+'".
- ^ Fitch Ratings. "Fitch Upgrades Azerbaijan to 'BBB–'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Bahrain at 'B+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Downgrades Bangladesh to 'B+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Revises Barbados' Outlook to Positive; Affirms at 'B'".
- ^ Fitch Ratings. "Fitch Withdraws Belarus's Ratings".
- ^ Fitch Ratings. "Fitch Affirms Belgium at 'AA−'; Outlook Negative".
- ^ Fitch Ratings. "Fitch Affirms Benin at 'B+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Downgrades Bolivia to 'CCC'".
- ^ Fitch Ratings. "Fitch Upgrades Brazil to 'BB'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Bulgaria at 'BBB'; Outlook Positive".
- ^ Fitch Ratings. "Fitch Upgrades Cabo Verde to 'B'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Revises Cameroon's Outlook to Negative; Affirms at 'B'".
- ^ Fitch Ratings. "Fitch Affirms Canada at 'AA+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Chile at 'A−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Revises China's Outlook to Negative; Affirms at 'A+'".
- ^ Fitch Ratings. "Fitch Affirms Colombia's 'BB+' Rating; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Costa Rica to 'BB'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Cote d'Ivoire at 'BB−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Croatia to 'A-'; Outlook Stable".
- ^ "Fitch Upgrades Cyprus to 'BBB+'; Outlook Positive". Fitch Ratings. 7 June 2024. Retrieved 2024-06-08.
- ^ Fitch Ratings. "Fitch Revises Czech Republic's Outlook to Stable; Affirms at 'AA−'".
- ^ Fitch Ratings. "Fitch Affirms Denmark at 'AAA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Revises Dominican Republic's Outlook to Positive; Affirms at 'BB−'".
- ^ Fitch Ratings. "Fitch Downgrades Ecuador's Long-Term IDR to 'CCC+'".
- ^ Fitch Ratings. "Fitch Downgrades Egypt to 'B−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Takes Rating Actions on El Salvador Following Local Law Securities Debt Exchange".
- ^ Fitch Ratings. "Fitch Downgrades Estonia to 'A+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Downgrades Ethiopia's LTFC IDR to 'RD'".
- ^ Fitch Ratings. "Fitch Affirms European Union and Euratom at 'AAA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Revises Finland's Outlook to Negative; Affirms at 'AA+'".
- ^ Fitch Ratings. "Fitch Affirms France at 'AA−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Downgrades Gabon to 'CCC+'".
- ^ Fitch Ratings. "Fitch Revises Georgia's Outlook to Stable; Affirms at 'BB'".
- ^ Fitch Ratings. "Fitch Affirms Germany at 'AAA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Downgrades Ghana's Lont-Term Foreign Currency IDR to 'RD'".
- ^ Fitch Ratings. "Fitch Upgrades Greece to 'BBB−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Guatemala to 'BB'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Honduras's AMDC, Tegucigalpa at 'B'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Hong Kong at 'AA−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Hungary at 'BBB'; Outlook Negative".
- ^ Fitch Ratings. "Fitch Affirms Iceland at 'A'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms India at 'BBB−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Indonesia at 'BBB'; Outlook Stable". www.fitchratings.com. Retrieved 2024-03-21.
- ^ Fitch Ratings. "Fitch Affirms Iraq at 'B−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Ireland to 'AA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Downgrades Israel to 'A'; Outlook Negative".
- ^ Fitch Ratings. "Fitch Affirms Italy at 'BBB'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Jamaica to 'BB-'; Outlook Positive".
- ^ Fitch Ratings. "Fitch Affirms Japan at 'A'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Jordan at 'BB−', Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Kazakhstan at 'BBB'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Downgrades Kenya to 'B–'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Assigns Kosovo 'BB−' IDR; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Kuwait at 'AA−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Laos at 'CCC−', Withdraws Ratings".
- ^ Fitch Ratings. "Fitch Revises Latvia's Outlook to Positive; Affirms at 'A−'".
- ^ Fitch Ratings. "Fitch Affirms Lebanon's LTFC IDR at 'RD', Downgrades LC IDRs to 'RD'".
- ^ Fitch Ratings. "Fitch Affirms Lesotho at 'B'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Lithuania at 'A'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Luxembourg at 'AAA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Macao at 'AA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Malaysia at 'BBB+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Downgrades Maldives to 'CC'".
- ^ Fitch Ratings. "Fitch Affirms Malta at 'A+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Mexico at 'BBB−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Assigns Moldova 'B+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Mongolia at 'B+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Morocco at 'BB+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Mozambique at 'CCC+'".
- ^ Fitch Ratings. "Fitch Affirms Namibia at 'BB−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms the Netherlands at 'AAA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms New Zealand at 'AA+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Nicaragua to 'B'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Revises Nigeria's Outlook to Positive; Affirms at 'B−'".
- ^ Fitch Ratings. "Fitch Affirms North Macedonia at 'BB+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Norway at 'AAA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Oman to 'BB+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Pakistan to 'CCC+'".
- ^ Fitch Ratings. "Fitch Downgrades Panama to 'BB+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Paraguay at 'BB+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Peru at 'BBB'; Outlook Negative".
- ^ Fitch Ratings. "Fitch Affirms Philippines at 'BBB'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Revises Portugal's Outlook to Positive; Affirms IDR at 'A-'".
- ^ Fitch Ratings. "Fitch Upgrades Portugal to 'A−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Qatar to 'AA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Ras Al Khaimah to 'A+' from 'A'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Congo at 'CCC+'".
- ^ Fitch Ratings. "Fitch Affirms Romania at 'BBB−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Withdraws Russia's Ratings".
- ^ Fitch Ratings. "Fitch Revises Rwanda's Outlook to Stable; Affirms at 'B+'".
- ^ Fitch Ratings. "Fitch Revises San Marino's Outlook to Positive; Affirms at 'BB'".
- ^ Fitch Ratings. "Fitch Upgrades Saudi Arabia to 'A+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Revises Serbia's Outlook to Positive; Affirms at 'BB+'".
- ^ Fitch Ratings. "Fitch Revises Outlook on Seychelles to Positive; Affirms at 'BB−'".
- ^ Fitch Ratings. "Fitch Affirms Singapore at 'AAA'; Outlook Stable".
- ^ "Fitch Downgrades Slovakia to 'A−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Slovenia at 'A'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms South Africa at 'BB−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Korea at 'AA−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Spain at 'A−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Sri Lanka's Long-Term Local-Currency IDR to 'CCC−'".
- ^ Fitch Ratings. "Fitch Affirms Suriname at 'RD', Withdraws Ratings".
- ^ Fitch Ratings. "Fitch Affirms Sweden at 'AAA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Switzerland at 'AAA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Taiwan at 'AA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Tanzania at 'B+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Thailand at 'BBB+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Tunisia to 'CCC+'".
- ^ Fitch Ratings. "Fitch Upgrades Turkiye to 'BB–'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Turkmenistan to 'BB-'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Downgrades Uganda to 'B'; Outlook Stable".
- ^ "Fitch Downgrades Ukraine to 'RD'". Fitch Ratings. 2024-08-13. Retrieved 2024-08-14.
- ^ Fitch Ratings. "Fitch Affirms the United Arab Emirates at 'AA−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Revises the United Kingdom's Outlook to Stable; Affirms at 'AA−'".
- ^ Fitch Ratings. "Fitch Downgrades the United States' Long-Term Ratings to 'AA+' from 'AAA'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Uruguay to 'BBB'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Uzbekistan at 'BB−'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Upgrades Vietnam to 'BB+'; Outlook Stable".
- ^ Fitch Ratings. "Fitch Affirms Zambia's LTFC IDR at 'RD'; Upgrades LTLC IDR to 'CCC+'".
- ^ "investment grade : defined at Finance Glossary". Finance-glossary.com. Archived from the original on 2012-11-05. Retrieved 2013-02-25.
- ^ Moody's Investors Service. "Moody's affirms Angola's ratings at B3, maintains positive outlook".
- ^ Moody's Investors Service. "Moody's affirms the B1 ratings of Albania; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Argentina's Ca ratings; outlook stable".
- ^ Moody's Investors Service. "Moody's changes Armenia's outlook to stable from negative; affirms Ba3 rating".
- ^ Moody's Investors Service. "Moody's affirms Australia's Aaa rating, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Austria's Aa1 ratings; outlook remains stable".
- ^ Moody's Investors Service. "Moody's upgrades Azerbaijan's ratings to Ba1, outlook changed to stable".
- ^ Moody's Investors Service. "Moody's downgrades The Bahamas' ratings to B1, changes outlook to stable".
- ^ Moody's Investors Service. "Moody's changes Bahrain's outlook to stable, affirms B2 ratings".
- ^ Moody's Investors Service. "Moody's downgrades Bangladesh's ratings to B1, outlook stable".
- ^ Moody's Investors Service. "Moody's upgrades Barbados' ratings to B3 from Caa1; maintains a stable outlook".
- ^ Moody's Investors Service. "Moody's downgrades Belarus' ratings to C with a stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Belgium's Aa3 ratings; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's upgrades Belize's ratings to Caa2 from Caa3, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms the B1 ratings of Benin; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Bermuda's A2 ratings; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's confirms Bolivia's ratings at Caa1, changes outlook to negative".
- ^ Moody's Investors Service. "Moody's affirms Bosnia and Herzegovina's B3 ratings; outlook stable".
- ^ Moody's Investors Service. "Moody's affirms Botswana's A3 ratings and maintains stable outlook".
- ^ "Moody's upgrades Brazil's sovereign credit rating and maintains a positive outlook".
- ^ Moody's Investors Service. "Moody's affirms Bulgaria's Baa1 ratings, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's changes Cambodia's outlook to negative, B2 ratings affirmed".
- ^ Moody's Investors Service. "Moody's downgrades Cameroon's rating to Caa1 from B2; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Canada's Aaa rating; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Cayman Islands' Aa3 ratings, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's downgrades Chile's ratings to A2, changes outlook to stable from negative".
- ^ Moody's Investors Service. "Moody's affirms China's A1 rating, changes outlook to negative from stable".
- ^ Moody's Investors Service. "Moody's affirms Colombia's Baa2 ratings; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms the Republic of the Congo's Caa2 ratings and maintains stable outlook".
- ^ Moody's Investors Service. "Moody's upgrades Costa Rica's ratings to Ba3; maintains positive outlook".
- ^ Moody's Investors Service. "Moody's affirms Côte d'Ivoire's Ba3 rating; changes outlook to positive from stable".
- ^ Moody's Investors Service. "Moodys Ratings upgrades Croatia's ratings to A3 changes outlook to stable".
- ^ Moody's Investors Service. "Moody's withdraws Cuba's ratings due to lack of sufficient information".
- ^ Moody's Investors Service. "Moody's upgrades Cyprus' ratings to Baa2 and changes outlook to stable".
- ^ Moody's Investors Service. "Moody's changes Czech Republic's outlook to stable from negative, affirms Aa3 ratings".
- ^ Moody's Investors Service. "Moody's affirms the Aaa ratings of Denmark; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's changes outlook on Dominican Republic's ratings to positive, affirms Ba3 ratings".
- ^ Moody's Investors Service. "Moody's upgrades the Democratic Republic of the Congo's ratings to B3 from Caa1, outlook stable".
- ^ Moody's Investors Service. "Moody's affirms Ecuador's Caa3 rating; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's changes outlook on Egypt to negative, affirms Caa1 ratings".
- ^ Moody's Investors Service. "Moody's affirms El Salvador's Caa3 ratings; outlook changed to stable".
- ^ Moody's Investors Service. "Moody's affirms Estonia's A1 ratings, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's changes eSwatini's outlook to positive from stable, affirms B3 rating".
- ^ Moody's Investors Service. "Moody's downgrades Ethiopia's foreign currency rating to Caa3, affirms its local currency rating at Caa2 and changes outlook to stable".
- ^ Moody's Investors Service. "Moody's changes Fiji's outlook to stable from negative; affirms B1 rating".
- ^ Moody's Investors Service. "Moody's affirms Finland's Aa1 ratings; outlook remains stable".
- ^ Moody's Investors Service. "Moody's affirms France's Aa2 ratings; outlook remains stable".
- ^ Moody's Investors Service. "Moody's changes the outlook on Gabon to negative; affirms Caa1 rating".
- ^ Moody's Investors Service. "Moody's changes the outlook on Georgia's rating to negative; affirms Ba2 rating".
- ^ Moody's Investors Service. "Moody's affirms Germany's Aaa ratings; outlook remains stable".
- ^ Moody's Investors Service. "Moody's upgrades Ghana's local currency ratings to Caa3 from Ca, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's upgrades Greece's ratings to Ba1, outlook stable".
- ^ Moody's Investors Service. "Moody's affirms Guatemala's Ba1 ratings; changes outlook to stable from negative".
- ^ Moody's Investors Service. "Moody's affirms Honduras' B1 ratings; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Hong Kong SAR's Aa3 rating, changes outlook to negative from stable".
- ^ Moody's Investors Service. "Moody's affirms the Baa2 ratings of Hungary; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's Ratings upgrades Iceland's ratings to A1, changes outlook to stable".
- ^ Moody's Investors Service. "Moody's affirms India's Baa3 ratings; outlook stable".
- ^ Moody's Investors Service. "Moody's assigns Baa2 ratings to Indonesia's dollar denominated bonds".
- ^ Moody's Investors Service. "Moody's affirms Iraq's Caa1 ratings, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's upgrades Ireland's ratings to Aa3, outlook stable".
- ^ Moody's Investors Service. "Moody's changes the outlook on the Isle of Man to stable from negative, affirms Aa3 ratings".
- ^ Moody's Investors Service. "Moody's Ratings downgrades Israel's ratings to Baa1, maintains negative outlook".
- ^ Moody's Investors Service. "Moody's affirms Italy's ratings at Baa3, changes the outlook to stable from negative".
- ^ Moody's Investors Service. "Moody's upgrades Jamaica's government ratings to B1 and changes outlook to positive from stable".
- ^ Moody's Investors Service. "Moody's affirms Japan's A1 ratings; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's changes outlook on Jordan's rating to positive from stable; affirms B1 rating".
- ^ Moody's Investors Service. "Moody's Ratings upgrades Kazakhstan's ratings to Baa1, outlook changed to stable".
- ^ Moody's Investors Service. "Moody's confirms Kenya's ratings at B3, changes outlook to negative".
- ^ Moody's Investors Service. "Moody's affirms Kuwait's A1 rating; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's confirms Kyrgyz Republic's ratings at B3, changes outlook to negative".
- ^ Moody's Investors Service. "Moody's affirms Latvia's A3 ratings, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Lebanon's C rating, changes outlook to stable from no outlook".
- ^ Moody's Investors Service. "Moody's affirms Lithuania's A2 ratings, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Luxembourg's Aaa ratings; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's changes outlook to negative from stable on Macao SAR, China's rating; affirms Aa3 rating".
- ^ Moody's Investors Service. "Moody's affirms Malaysia's A3 rating, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's Ratings downgrades Maldives' rating to Caa2, places rating under review for downgrade".
- ^ Moody's Investors Service. "Moody's changes Mali's outlook to stable; affirms Caa2 ratings".
- ^ Moody's Investors Service. "Moody's affirms Malta's A2 ratings, changes outlook to stable from negative".
- ^ Moody's Investors Service. "Moody's downgrades Mauritius's rating to Baa3, changes outlook to stable".
- ^ Moody's Investors Service. "Moody's downgrades Mexico's ratings to Baa2, changes outlook to stable from negative".
- ^ Moody's Investors Service. "Moody's changes the outlook on Moldova's rating to stable from negative; affirms B3 rating".
- ^ Moody's Investors Service. "Moody's affirms Mongolia's B3 rating, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's Ratings upgrades Montenegro's ratings to Ba3, outlook remains stable".
- ^ Moody's Investors Service. "Moody's affirms Morocco's Ba1 ratings, changes outlook to stable from negative".
- ^ Moody's Investors Service. "Moody's changes outlook on Mozambique to stable from positive, affirms Caa2 ratings".
- ^ Moody's Investors Service. "Moody's downgrades Namibia's ratings to B1, changes outlook to stable from negative".
- ^ Moody's Investors Service. "Moody's affirms the Netherlands' Aaa ratings; outlook remains stable".
- ^ Moody's Investors Service. "Moody's affirms New Zealand's Aaa rating, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Nicaragua's B3 ratings and maintains stable outlook".
- ^ Moody's Investors Service. "Moody's changes Nigeria's outlook to positive, affirms Caa1 ratings".
- ^ Moody's Investors Service. "Moody's affirms the Aaa ratings of Norway; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's upgrades Oman to Ba1, changes outlook to stable".
- ^ Moody's Investors Service. "Moody's downgrades Pakistan's rating to Caa3; changes outlook to stable from negative".
- ^ Moody's Investors Service. "Moody's downgrades Panama's rating to Baa3, changes outlook to stable".
- ^ Moody's Investors Service. "Moody's changes Papua New Guinea's outlook to stable from negative; affirms B2 rating".
- ^ Moody's Investors Service. "Moody's Ratings upgrades Paraguay's ratings to Baa3, changes outlook to stable from positive".
- ^ Moody's Investors Service. "Moody's changes outlook on Peru's Baa1 rating to negative; affirms ratings".
- ^ Moody's Investors Service. "Moody's affirms the Philippines' Baa2 ratings; outlook stable".
- ^ Moody's Investors Service. "Moody's affirms Poland's A2 ratings; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's upgrades Portugal's ratings to A3 and changes outlook to stable".
- ^ Moody's Investors Service. "Moody's changes the outlook on Qatar to positive, affirms Aa3 rating".
- ^ Moody's Investors Service. "Moody's affirms Romania's Baa3 ratings, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's withdraws credit ratings on multiple entities".
- ^ Moody's Investors Service. "Moody's changes outlook on Rwanda to stable from negative; affirms B2 ratings".
- ^ Moody's Investors Service. "Moody's affirms St. Vincent and the Grenadines' B3 issuer ratings; maintains stable outlook".
- ^ Bloomberg. "Saudi Arabia Gets First Moody's Upgrade On Economic Advance".
- ^ Moody's Investors Service. "Moody's changes Senegal's outlook to stable from negative, affirms Ba3 rating".
- ^ Moody's Investors Service. "Moody's affirms Serbia's Ba2 ratings; outlook stable".
- ^ Moody's Investors Service. "Moody's affirms Singapore's Aaa rating, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's maintains negative outlook on Slovakia's A2 ratings".
- ^ Moody's Investors Service. "Moody's affirms Slovenia's A3 rating; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's changes South Africa's outlook to stable; affirms Ba2 ratings".
- ^ Moody's Investors Service. "Moody's affirms Korea's Aa2 rating, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Spain's Baa1 rating and maintains stable outlook".
- ^ Moody's Investors Service. "Moody's downgrades Sri Lanka's rating to Ca; outlook stable".
- ^ Moody's Investors Service. "Moody's changes Suriname's rating outlook to stable, affirms the Caa3 rating".
- ^ Moody's Investors Service. "Moody's affirms Sweden's Aaa ratings; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Switzerland's Aaa ratings, maintains stable outlook".
- ^ Moody's Investors Service. "Moody's changes Taiwan, China's outlook to stable from positive, affirms Aa3 rating".
- ^ Moody's Investors Service. "Moody's changes outlook on Tajikistan to stable from negative, affirms B3 ratings".
- ^ Moody's Investors Service. "Moody's affirms Thailand's Baa1 rating; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's affirms Trinidad & Tobago's ratings at Ba2, changes outlook to positive".
- ^ Agence Tunis Afrique Presse. "Moody's changes outlook on Tunisia to stable from negative; affirms Caa2 ratings".
- ^ The National News. "Turkey receives first ratings upgrade from Moody's in a decade on improved governance".
- ^ Moody's Investors Service. "Moody's changes outlook on Uganda's rating to negative; affirms the B2 rating".
- ^ Moody's Investors Service. "Moody's downgrades Ukraine's ratings to Ca with a stable outlook".
- ^ Moody's Investors Service. "Moody's affirms the United Arab Emirates' Aa2 rating; maintains stable outlook".
- ^ Moody's Investors Service. "Moody's changes the outlook on the UK to stable from negative, affirms Aa3 ratings".
- ^ Moody's Investors Service. "Moody's changes outlook on United States' ratings to negative, affirms Aaa ratings".
- ^ Moody's Ratings (15 March 2024). "Moody's upgrades Uruguay's ratings to Baa1; changes outlook to stable". Moody's. Retrieved 16 March 2024.
- ^ Moody's Investors Service. "Moody's upgrades Uzbekistan's rating to Ba3, outlook stable".
- ^ Moody's Investors Service. "Moody's withdraws certain Government of Venezuela ratings for business reasons".
- ^ Moody's Investors Service. "Moody's upgrades Vietnam's rating to Ba2, outlook changed to stable".
- ^ Moody's Investors Service. "Moody's affirms Zambia's Ca ratings; outlook stable".
- ^ DBRS Morningstar. "Market sectors | Governments | Sovereigns".
- ^ Scope Ratings. "Sovereign Ratings".
- ^ Japan Credit Rating Agency. "Rating Lists | Sovereigns and Supranationals".
- ^ Japan Credit Rating Agency. "主权评级" [Sovereign Rating].
- ^ Country Brief - Gambia(password-protected)
- ^ 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". United Nations Organization. 2004-05-06. Retrieved 2013-02-25.
- ^ "Fitch withdraws Mali's ratings". Reuters. 2009-12-04. Archived from the original on December 1, 2011. Retrieved 2013-02-25.