P u sovereign debt ratings?
"We last affirmed our A+ long term ratings on China in June with stable outlook and there has been no changes to that yet," said S&P in an emailed response to queries from Reuters. The firm currently has an A+ rating for China sovereign with a 'stable' outlook. Our Standards: The Thomson Reuters Trust Principles.
"We last affirmed our A+ long term ratings on China in June with stable outlook and there has been no changes to that yet," said S&P in an emailed response to queries from Reuters. The firm currently has an A+ rating for China sovereign with a 'stable' outlook. Our Standards: The Thomson Reuters Trust Principles.
A sovereign credit rating is a measurement of a government's ability to repay its debts. Just like personal credit scores, a high credit rating indicates that a government with low credit risk, and a low rating indicates a government that might struggle to repay its debts.
Credit rating agency Fitch has affirmed the BB- sovereign rating of Jordan and issued a 'stable' outlook for the Middle East country. This affirmation has been welcomed by Jordan's government as an endorsem*nt of its economic and fiscal reforms as well as the resilience of its banking sector.
| Agency | Rating | Outlook |
|---|---|---|
| S&P | AA+ | Stable |
| DBRS | AAA | Stable |
| S&P | AA+ | Negative |
| Moody's | Aaa | Negative |
S&P Global Ratings affirmed the "A" Foreign Currency LT credit rating of Bank of China on December 13, 2023. The outlook is stable.
The credit rating agency S&P Global Ratings affirmed Finland's long-term sovereign credit rating at 'AA+' on 27 October 2023. The outlook on the rating is stable.
Types of Sovereign Debt
Bonds issued by developed economies, such as Germany, Switzerland, or Canada, usually carry very high credit ratings. 12 They are considered extremely safe and offer relatively low yields.
| Agency | Rating | Outlook |
|---|---|---|
| DBRS | BBB | Stable |
| Moody's | Baa3 | Positive |
| DBRS | BBB (low) | Positive |
| S&P | BBB- | Stable |
At the top is Japan, whose national debt has remained above 100% of its GDP for two decades, reaching 255% in 2023.
What is Qatar sovereign credit rating?
| Agency | Rating | Outlook |
|---|---|---|
| S&P | AA- | Negative Watch |
| Moody's | Aa3 | Stable |
| S&P | AA | Negative |
| Moody's | Aa2 | Negative |
Fitch Affirms Iraq at 'B-'; Outlook Stable. Fitch Ratings - Hong Kong - 04 Dec 2023: Fitch Ratings has affirmed Iraq's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary.
Rating Action
7, 2023, S&P Global Ratings raised its long- and short-term sovereign credit ratings on El Salvador to 'B-/B' from 'CCC+/C'. The outlook on the long-term ratings is stable. We also raised our long-term issue ratings to 'B-'. The transfer and convertibility assessment remains 'AAA'.
Some of the top examples include Australia, Canada, Denmark, Germany, Sweden, Switzerland, Norway, and Hong Kong. These are all countries that generally carry a credit rating of AAA.
The US is the only sovereign to which Moody's assigns an economic strength score of "aaa," the highest score possible, reflecting the sheer scale of the economy (nominal GDP was nearly $26 trillion in 2022), consistent resilience to shocks, and the unique role that the economy plays globally.
The global credit rating industry is highly concentrated, with three leading agencies: Moody's, Standard & Poor's, and Fitch.
NEW YORK (S&P Global Ratings) May 17, 2023--S&P Global Ratings today assigned its 'AA-' issue rating to BlackRock Inc.'s proposed senior unsecured notes due 2033.
On August 5, 2011, following enactment of the Budget Control Act of 2011, S&P lowered the US's sovereign long-term credit rating from AAA to AA+.
S&P Global Ratings affirmed the "A+" Foreign Currency LT credit rating of The Coca-Cola Company on October 25, 2023. The outlook is stable.
Rating Action
On Dec. 19, 2023, S&P Global Ratings raised its long-term global scale ratings on Brazil to 'BB' from 'BB-'. The outlook on the long-term ratings is stable. We affirmed Brazil's global scale short-term ratings at 'B' and our national scale long-term rating at 'brAAA'.
What is the sovereign credit rating of Switzerland?
Fitch Affirms United Kingdom at 'AA-'; Outlook Negative. Fitch Ratings - London - 01 Dec 2023: Fitch Ratings has affirmed the United Kingdom's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'AA-' with a Negative Outlook.
U.S. Treasury bonds are considered the safest in the world and are generally called "risk-free." The 10-year rate is considered a benchmark and is used to determine other interest rates, such as mortgage rates, auto loans, student loans, and credit cards.
Foreign holdings
Including both private and public debt holders, the top three December 2020 national holders of American public debt are Japan ($1.2 trillion or 17.7%), China ($1.1 trillion or 15.2%), and the United Kingdom ($0.4 trillion or 6.2%).
| Rating Agency | Rating | Action |
|---|---|---|
| Standard & Poor's | AAA | outlook upgrade |
| Moody's Investors Service | Aaa | outlook upgrade |
| Fitch Ratings | AAA | |
| DBRS | AAA |
