Rating Actions on January 12
January 13, 2021
Fitch affirmed New Zealand's Foreign-Currency IDR at 'AA'; the outlook is positive.
Reasons: "New Zealand's ratings are underpinned by very high governance standards and a demonstrated commitment to prudent fiscal management, balanced against high levels of household and net external debt... The Positive Outlook reflects our confidence that buffers will be rebuilt over the medium-term based on New Zealand's record of prudent fiscal management and prospects for economic recovery," - Fitch Ratings said in the report.
Company — New Zealand
Full nameNew Zealand Treasury
Registration countryNew Zealand