Moody's Investors Service has today affirmed Turkey's Baa3
government debt and issuer ratings and maintained the negative outlook.
Bank of Cyprus announced that retained mortgage covered bonds have become eligible assets for Eurosystem credit operations, following a rating upgrade to Baa3
from B1 by Moody's Investors Service.
Our positive rating outlook for India reflects our view that the probability has now increased that over the next 12- 18 months India's sovereign credit fundamentals will improve to levels consistent with a rating higher than its current Baa3
Moody's Investors Service has affirmed the Baa3
long-term issuer rating of DP World as well as the Ba1 corporate family and Ba1-PD probability of default rating of Jebel Ali Free Zone (Jafza) with outlook on all ratings remaining stable.
Moody's Investors Service has changed to stable from negative the outlook on Kuwait Projects Company (KIPCO)'s Baa3
long-term issuer rating and P-3 short-term issuer rating.
Global Banking News-August 21, 2013--Moody's affirms Baa3
sovereign rating on India(C)2013 ENPublishing - http://www.
have obtained an investment-grade credit rating of Baa3
MADRyD (CyHAN)- Moody's Investors Service has retained Spain's government bond rating at Baa3
, the agency reported on Wednesday.
TUNIS (TAP)- Moody's Investors Service has kept the investment rating of Tunisia, that is Baa3
with negative outlook reflecting, it says, the country's moderate economic, institutional and financial strength.
GELF was assigned a first-time issuer rating of Baa3
with a "stable outlook".
These actions follow Moody's downgrade on November 4 of the Cypriot government bond rating by two notches to Baa3
(on review for possible further downgrade) from Baa1.
Moody's has today also downgraded the country ceiling for foreign currency bonds to Ba1 from Baa3
and the country ceiling for foreign currency bank deposits to B1 from Ba3.