The government has solicited credit ratings from two credit rating agencies: S&P Global Ratings and Fitch Ratings. For long-term debt, they are AA+ (stable outlook) and AA+ (stable outlook), respectively. In addition, other credit rating angencies such as Scope Ratings and DBRS Morningstar provide unsolicited ratings.
Solicited credit ratings for central government debt
| Calendar dates for credit rating announcements in 2021: | |
|---|---|
| 5 March 2021 | S&P Global Ratings |
| 23 April 2021 | Fitch Ratings |
| 3 September 2021 | S&P Global Ratings |
| 22 October 2021 | Fitch Ratings |
The State Treasury publishes, as a general rule, the decisions and possible reports of the rating agencies on a Monday following the rating decision.
| Credit rating agency | Short-term | Long-term | Reports | Press releases |
|---|---|---|---|---|
| S&P Global Ratings | A-1+ | AA+ (stable outlook) |
Research Update, 4 September 2020 (pdf) | Finland ‘AA+/A-1+’ Ratings Affirmed; Outlook Stable, 4 Sep-tember 2020 (Login required) |
| Fitch Ratings | F1+ | AA+ (stable outlook) |
Full Rating Report, 3 November 2020 (pdf) Fitch Ratings Navigator, 4 November 2020 (ESG scores, pdf) |
Fitch Affirms Fin-land at ‘AA+’, Outlook Stable, 30 October 2020 |
Unsolicited credit ratings for central government debt
| Credit rating agency | Short-term | Long-term | Press releases |
|---|---|---|---|
| Scope Ratings | S-1+ | AA+ (stable outlook) |
Scope has completed a monitoring review for the Republic of Finland, 26 June 2020 |
| DBRS Morningstar | R-1 (high) (stable trend) |
AA (high) (stable trend) |
DBRS Morningstar Confirms Republic of Finland at AA (high), Stable Trend, 6 November 2020 |