Fitch Ratings affirms Serbia at "BB-" (LT Int. Scale (foreign curr.) credit rating); outlook stable

June 19, 2017 - CBonds

 

Fitch Ratings affirmed the "BB-" LT Int. Scale (foreign curr.) credit rating of Serbia on June 16, 2017. The outlook is stable.
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Issuer: Serbia
Issuer profile:
The borrowing requirements are determined by the budget deficit and the borrowing criteria by the existing debt portfolio, that are defined by The Budget Law of The Republic of Serbia.

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Outstanding issues:
5 issuesUSD6,330,000,000
49 issuesEUR13,105,677,000
41 issuesRSD646,545,421,000
Issuer rating:
RIA RatingBB-/StableSovereign ratings09/04/2015
Dagong CreditB+/StableInternational scale rating (foreign curr.)01/22/2017
Dagong CreditB+/StableInternational scale rating (local curr.)01/22/2017
Organisation for Economic Co-operation and Development (OECD)5/Country Risk Classifications01/27/2017
Moody's Investors ServiceBa3/StableLT- foreign currency03/17/2017
Moody's Investors ServiceBa3/StableLT- local currency03/17/2017
S&P Global RatingsBB-/PositiveForeign Currency LT12/16/2016
S&P Global RatingsBB-/PositiveLocal Currency LT12/16/2016
Fitch RatingsBB-/StableLT Int. Scale (foreign curr.)06/16/2017
Fitch RatingsBB-/StableLT Int. Scale (local curr.)06/16/2017
National Rating AgencyiB-/StableGlobal scale09/30/2016