The government has solicited credit ratings from three credit rating agencies: S&P Global Ratings, Moody’s Investors Service and Fitch Ratings. For long-term debt, they are AA+ (stable outlook), Aa1 (stable outlook) and AA+ respectively (stable outlook).
|Calendar dates for rating announcements in 2020:|
|6 March 2020||S&P Global Ratings|
|26 June 2020||Fitch Ratings|
|24 July 2020||Moody’s Investors Service|
|4 September 2020||S&P Global Ratings|
|30 October 2020||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.
The credit ratings for central government debt and the latest rating reports:
|Credit rating agency||Short-term||Long-term||Reports|
|S&P Global Ratings||A-1+||AA+
|Research Update, 13 September 2019 (pdf)|
|Moody’s Investors Service||P-1||Aa1
|Credit Opinion, 28 January 2020 (pdf)|
|Full Rating Report, 6 February 2020 (pdf)|