Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

Rating Actions on May 21

May 22, 2020 | Cbonds

Moody's 
downgraded rating of Maldives to B3, kept the negative outlook.

Reasons: the agency anticipates a prolonged damaging effect on the country's tourism. It will undermine economic activity and increase government liquidity risks, exacerbating weak fiscal and external positions. At the same time, challenges to macroeconomic stability will continue given the limited effectiveness of policies and financial buffers to stop a significant deterioration in credit metrics.

Fitch Ratings
revised Australia's outlook to negative, affirmed rating at AAA. 

Reasons: the agency expects the GDP growth to deteriorate this year; government spending in response to the health and economic crisis will lead to fiscal deficits and a significant rise in government debt/GDP.

Share:

Similar news:
minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×