Credit ratings

The government has solicited credit ratings from two credit rating agencies: Fitch Ratings and S&P Global 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 2022:
4 March, 2022 S&P Global Ratings
8 April, 2022 Fitch Ratings
1 July, 2022 S&P Global Ratings
9 September, 2022 Fitch Ratings
28 October, 2022 S&P Global 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 (12 May, 2022)

2021:

Rating Report, Finland (3 November, 2021)

Fitch Affirms Finland at ‘AA+’; Outlook Stable (8 April, 2022)

2021:

Fitch Affirms Finland at ‘AA+’, Outlook Stable (22 October, 2021)

S&P Global Ratings A-1+ AA+
(stable outlook)
7 March, 2022 (pdf)

2021:

6 September, 2021 (pdf)

 

Unsolicited credit ratings for central government debt

Calendar dates for credit rating announcements in 2022:
25 March, 2022 DBRS Morningstar
29 April, 2022 Scope Ratings
15 July, 2022 Creditreform Rating
23 September, 2022 DBRS Morningstar
14 October, 2022 Scope Ratings
16 December, 2022 Creditreform Rating

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 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 (25 March, 2022)

Rating Report (25 March, 2022)

2021:

DBRS Morningstar Confirms Republic of Finland at AA (high), Stable Trend (24 September, 2021)

DBRS Rating Report (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 takes no action on the Republic of Finland (29 April, 2022)

2021:

Scope affirms Finland’s credit rating at AA+ with a Stable Outlook (5 November, 2021)

 

, Updated 13.5.2022 at 15:50