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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 name
    New Zealand Treasury
  • Registration country
    New Zealand