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 agencies 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 will make rating reports available on this page soon after publication. A full analysis by the credit rating agency usually follows in a few days after the rating announcement.
| Credit rating agency | Short-term | Long-term | Latest reports | Press releases |
|---|---|---|---|---|
| Fitch Ratings | F1+ | AA+ (stable outlook) |
Rating Report Finland, 3 November 2021 (pdf) |
Fitch Affirms Finland at ‘AA+’, Outlook Stable, 22 October 2021 |
| S&P Global Ratings | A-1+ | AA+ (stable outlook) |
Full report Finland (6 September 2021) |
|
Unsolicited credit ratings for central government debt
| Credit rating agency | Short-term | Long-term | Press releases |
|---|---|---|---|
| Creditreform Rating | AA+, stable outlook |
Rating Report, Republic of Finland (14 July, 2021) | |
| DBRS Morningstar | R-1 (high), stable trend | AA (high), stable trend |
DBRS Morningstar Confirms Republic of Finland at AA (high), Stable Trend (24 September, 2021) |
| Japan Credit Rating Agency | AAA (stable outlook) |
JCR Affirmed AAA/Stable (FC/LC) on Finland (19 July, 2021) | |
| Scope Ratings | S-1+ | AA+ (stable outlook) |
Scope affirms Finland’s credit rating at AA+ with a Stable Outlook (5 November, 2021) |