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S&P Global Ratings upgrades Local Currency LT credit rating of Belarus to "B" from "B-"; outlook stable

October 09, 2017 - CBonds

 

S&P Global Ratings upgraded to "B" from "B-" the Local Currency LT credit rating of Belarus on October 6, 2017. The outlook is stable.
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Issuer: Belarus
Issuer profile:

Belarus is a landlocked country in Eastern Europe

Most of the Belarusian economy remains state-controlled and has been described as "Soviet-style. The country relies on Russia for various ... more

Outstanding issues:
2 issuesRUB162,000,000
56 issuesUSD4,471,734,000
46 issuesEUR1,697,910,000
21 issuesBYN31,600,164,760
Issuer rating:
RIA RatingBB-/StableSovereign ratings09/04/2015
Dagong CreditB+/NegativeInternational scale rating (foreign curr.)08/15/2017
Dagong CreditBB/NegativeInternational scale rating (local curr.)08/15/2017
Organisation for Economic Co-operation and Development (OECD)7/Country Risk Classifications06/24/2016
Rating-Agentur Expert RAB/Rating scale of the creditworthiness of sovereign governments (SGC) -National currency07/28/2017
Rating-Agentur Expert RAB-/Rating scale of the creditworthiness of sovereign governments (SGC) - Foreign currency07/28/2017
Rating-Agentur Expert RACCC+/Rating scale of the country credit environment (CCE) rating - National currency07/28/2017
Rating-Agentur Expert RACCC/Rating scale of the country credit environment (CCE) rating - Foreign currency07/28/2017
Moody's Investors ServiceCaa1/StableLT- foreign currency06/17/2016
Moody's Investors ServiceCaa1/StableLT- local currency06/17/2016
S&P Global RatingsB/StableForeign Currency LT10/06/2017
S&P Global RatingsB/StableLocal Currency LT10/06/2017
Fitch RatingsB-/PositiveLT Int. Scale (foreign curr.)07/28/2017
Fitch RatingsB-/PositiveLT Int. Scale (local curr.)07/28/2017
Rating Agency RAEX (Expert RA)Withdrawn/Foreign curr. scale07/04/2016
Rating Agency RAEX (Expert RA)Withdrawn/Local curr. scale07/04/2016
Credit-RatingbyAA/StableNational Scale (Belarus)12/28/2010
National Rating AgencyiCCC+/StableGlobal scale09/30/2016
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