List of countries by credit rating

From Wikipedia, the free encyclopedia
Jump to: navigation, search
World countries by Standard & Poor's Foreign Rating in August 2014[1][2]

This is a list of countries by credit rating, showing long-term foreign currency credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's, Fitch, and Moody's. The ratings of DBRS, China Chengxin Credit Rating Group, Dagong and JCR are also included. The list also includes all country subdivisions issuing sovereign bonds, but it excludes regions, provinces and municipalities issuing sub-sovereign bonds.

Country's ratings in different methods[edit]

Standard & Poor's[edit]

For S&P, a bond is considered investment grade if its credit rating is BBB- or higher. Bonds rated BB+ and below are considered to be speculative grade, sometimes also referred to as "junk" bonds.[3]

Financial ratings of European States by Standard & Poor's (foreign currency) on 06 June 2014
Country Rating Outlook Date Ref.
 Abu Dhabi, UAE 20 AA Stable 2012-02-20 [4][5]
 Albania 09 B+ Stable 2012-02-20 [4][5]
 Andorra 16 A- Negative 2012-02-20 [4][5]
 Angola 10 BB- Stable 2012-02-20 [4][5]
 Argentina 01 SD Negative 2014-06-17 [6]
 Aruba 16 A- Stable 2012-02-20 [4][5]
 Australia 22 AAA Stable 2012-02-20 [4][5]
 Austria 21 AA+ Negative 2012-02-20 [4][5]
 Azerbaijan 13 BBB- Positive 2012-02-20 [4][5]
 Bahamas 14 BBB Stable 2012-02-20 [4][5]
 Bahrain 14 BBB Negative 2012-02-20 [4][5]
 Bangladesh 10 BB- Stable 2012-02-20 [4][5]
 Barbados 12 BB+ Negative 2012-02-20 [4][5]
 Belarus 07 B- Positive 2013-04-17 [4][5]
 Belgium 20 AA Negative 2012-02-20 [4][5]
 Belize 07 B- Negative 2012-02-20 [4][5]
 Benin 08 B Stable 2012-02-20 [4][5]
 Bermuda 19 AA- Stable 2012-02-20 [4][5]
 Bolivia 10 BB- Positive 2012-02-20 [4][5]
 Bosnia and Herzegovina 08 B Negative 2012-02-20 [4][5]
 Botswana 16 A- Stable 2012-02-20 [4][5]
 Brazil 13 BBB- Stable 2014-03-24 [4][5]
 Bulgaria 13 BB+ Stable 2014-12-12 [4][5]
 Burkina Faso 08 B Stable 2012-02-20 [4][5]
 Cambodia 08 B Stable 2012-02-20 [4][5]
 Cameroon 08 B Stable 2012-02-20 [4][5]
 Canada 22 AAA Stable 2012-02-20 [4][5]
 Cape Verde 09 B+ Stable 2012-02-20 [4][5]
 Chile 19 AA- Positive 2012-12-26 [4][5]
 China 19 AA- Stable 2012-02-20 [4][5]
 Colombia 14 BBB Stable 2013-04-24 [4][5]
 Cook Islands 09 B+ Negative 2012-02-20 [4][5]
 Costa Rica 11 BB Stable 2012-02-20 [4][5]
 Croatia 12 BB+ Stable 2012-12-14 [4][5]
 Curacao 16 A- Stable 2012-02-20 [4][5]
 Cyprus 08 B+ Positive 2014-04-24 [4][7]
 Czech Republic 19 AA- Stable 2012-02-20 [4][5]
 Denmark 22 AAA Stable 2012-02-20 [4][5]
 Dominican Republic 09 B+ Stable 2012-02-20 [4][5]
 Ecuador 09 B+ Positive 2014-08-20 [4][5]
 Egypt 07 B- Stable 2013-11-15 [4][5]
 El Salvador 10 BB- Stable 2012-02-20 [4][5]
 European Union 21 AA+ Stable 2013-12-20 [4][5]
 Estonia 19 AA- Stable 2012-10-19 [4][8]
 Fiji 08 B Stable 2012-02-20 [4][5]
 Finland 22 AA+ Stable 2014-10-10 [4][5]
 France 20 AA Stable 2012-02-20 [4][5]
 Gabon 10 BB- Stable 2012-02-20 [4][5]
 Georgia 10 BB- Stable 2012-02-20 [4][5]
 Germany 22 AAA Stable 2013-03-27 [4][5]
 Ghana 08 B Stable 2011-11-29 [4][5]
 Greece 08 B Stable 2012-12-18 [4][5]
 Grenada 01 SD Negative 2013-03-13 [4][9]
 Guatemala 11 BB Negative 2011-11-29 [4][5]
 Guernsey 21 AA+ Stable 2011-11-29 [4][5]
 Honduras 09 B+ Positive 2012-06-08 [4][5]
 Hong Kong 22 AAA Stable 2011-11-29 [4][5]
 Hungary 11 BB Stable 2012-11-23 [4][5]
 Iceland 13 BBB- Stable 2011-11-29 [4][5]
 India 13 BBB- Stable 2012-04-25 [4][5][10]
 Indonesia 12 BB+ Positive 2011-11-29 [4][5]
 Ireland 16 A Stable 2014-12-05 [4][5]
 Isle of Man 21 AA+ Stable 2011-11-29 [4][5]
 Israel 18 A+ Stable 2011-11-29 [4][5]
 Italy 14 BBB- Stable 2014-12-05 [4][5]
 Jamaica 06 CCC+ Negative 2013-03-07 [4][11]
 Japan 19 AA- Negative 2011-11-29 [4][5]
 Jordan 11 BB Negative 2011-11-29 [4][5]
 Kazakhstan 15 BBB+ Negative 2014-05-13 [4][5]
 Kenya 09 B+ Stable 2011-11-29 [4][5]
 Kuwait 20 AA Stable 2011-11-29 [4][5]
 Latvia 16 A- Stable 2014-05-30 [4][5][12]
 Lebanon 08 B Stable 2011-11-29 [4][5]
 Liechtenstein 22 AAA Stable 2011-11-29 [4][5]
 Lithuania 16 A- Stable 2014-04-11 [4][5]
 Luxembourg 22 AAA Stable 2013-08-12 [4][5]
 Macedonia 11 BB Stable 2011-11-29 [4][5]
 Malaysia 16 A- Stable 2011-11-29 [4][5]
 Malta 15 BBB+ Stable 2013-01-16 [4][13]
 Mexico 15 BBB+ Stable 2014-07-30 [4][5]
 Mongolia 10 BB- Stable 2011-11-29 [4][5]
 Montenegro 10 BB- Negative 2011-11-29 [4][5]
 Montserrat 13 BBB- Stable 2011-11-29 [4][5]
 Morocco 13 BBB- Stable 2011-11-29 [4][5]
 Mozambique 09 B+ Stable 2011-11-29 [4][5]
 Netherlands 21 AA+ Stable 2013-11-29 [4][5]
 New Zealand 20 AA Stable 2011-11-29 [4][5]
 Nigeria 10 BB- Stable 2011-11-29 [4][5]
 Norway 22 AAA Stable 2011-11-29 [4][5]
 Oman 17 A Negative 2011-11-29 [4][5]
 Pakistan 07 B- Stable 2011-11-29 [4][5]
 Panama 14 BBB Stable 2012-07-02 [4][5]
 Papua New Guinea 09 B+ Stable 2011-11-29 [4][5]
 Paraguay 10 BB- Stable 2011-11-29 [4][5]
 Peru 15 BBB+ Stable 2013-08-19 [4][5][14]
 Philippines 14 BBB Stable 2014-05-08 [15][16]
 Poland 16 A- Stable 2013-03-07 [4][5]
 Portugal 11 BB Negative 2013-07-05 [4][5]
 Qatar 20 AA Stable 2011-11-29 [4][5]
 Ras Al Khaimah, UAE 17 A Stable 2011-11-29 [4][5]
 Romania 13 BBB- Stable 2014-05-16 [4][5]
 Russia 13 BBB- Negative 2014-04-25 [17]
 Rwanda 08 B Stable 2012-09-29 [4][5]
 Saudi Arabia 19 AA- Stable 2011-11-29 [4][5]
 Senegal 09 B+ Negative 2011-11-29 [4][5]
 Serbia 10 BB- Negative 2012-08-07 [4][5]
 Singapore 22 AAA Stable 2011-11-29 [4][5]
 Slovakia 17 A Positive 2014-08-01 [4][5]
 Slovenia 16 A- Stable 2013-02-13 [4][18]
 South Africa 13 BBB- Stable 2014-05-13 [4][5]
 South Korea 18 A+ Stable 2012-09-14 [4][5]
 Spain 14 BBB Stable 2014-05-23 [4][5]
 Sri Lanka 09 B+ Positive 2011-11-29 [4][5]
 Suriname 10 BB- Stable 2011-11-29 [4][5]
 Sweden 22 AAA Stable 2012-10-24 [4][5][19]
  Switzerland 22 AAA Stable 2011-11-29 [4][5]
 Taiwan 19 AA- Stable 2011-11-29 [4][5]
 Thailand 15 BBB+ Stable 2011-11-29 [4][5]
 Trinidad and Tobago 17 A Stable 2011-11-29 [4][5]
 Tunisia 10 BB- Negative 2013-02-20 [4][5]
 Turkey 12 BB+ Negative 2013-03-27 [4][5]
 Uganda 09 B+ Stable 2011-11-29 [4][5]
 Ukraine 06 CCC Stable 2014-10-11 [20]
 United Kingdom 22 AAA Stable 2012-04-13 [4][5]
 United States 21 AA+ Stable 2013-06-10 [4][5]
 Uruguay 13 BBB- Stable 2012-04-03 [4][5]
 Venezuela 06 CCC+ Negative 2014-09-16 [4][5]
 Vietnam 10 BB- Negative 2014-05-20 [4]
 Zambia 09 B+ Stable 2011-11-29 [4][5]

Fitch Ratings[edit]

For Fitch, a bond is considered investment grade if its credit rating is BBB- or higher. Bonds rated BB+ and below are considered to be speculative grade, sometimes also referred to as "junk" bonds.[21]

Financial ratings of European States by Fitch Ratings on 16 August 2014
Country Rating Outlook Date Ref.
 Abu Dhabi 19AA Stable 2011-11-21 [22]
 Angola 09BB- Stable 2011-11-21 [22]
 Argentina 01RD Negative 2014-07-31 [23]
 Armenia 09BB- Stable 2011-11-21 [22]
 Aruba 13BBB Stable 2011-11-21 [22]
 Australia 21AAA Stable 2011-11-29 [24]
 Austria 21AAA Stable 2011-11-21 [22]
 Azerbaijan 12BBB- Positive 2011-11-21 [22]
 Bahrain 13BBB Stable 2011-11-21 [22]
 Belgium 19AA Stable 2013-01-24 [22]
 Benin 07B Stable 2011-11-21 [22]
 Bermuda 20AA+ Stable 2011-11-21 [22]
 Bolivia 08B+ Stable 2011-11-21 [22]
 Brazil 13BBB Stable 2011-11-21 [22]
 Bulgaria 12BBB- Stable 2014-01-10 [22]
 Cameroon 07B Stable 2011-11-21 [22]
 Canada 21AAA Stable 2011-11-21 [22]
 Cape Verde 08B+ Stable 2011-11-21 [22]
 Chile 17A+ Stable 2011-11-21 [22]
 China 17A+ Stable 2011-11-21 [22]
 Colombia 12BBB Stable 2013-12-10 [22][25]
 Costa Rica 11BB+ Stable 2011-11-21 [22]
 Croatia 13BB Stable 2014-08-09 [22]
 Cyprus 09B- Positive 2014-10-22 [22]
 Czech Republic 17A+ Positive 2011-11-21 [22]
 Denmark 21AAA Stable 2011-11-21 [22]
 Dominican Republic 07B Positive 2011-11-21 [22]
 Ecuador 06B Stable 2013-10-18 [22]
 Egypt 06B- Negative 2013-01-30 [22][26]
 El Salvador 09BB- Stable 2013-07-16 [27]
 Estonia 17A+ Stable 2011-11-21 [22]
 Finland 21AAA Stable 2011-11-21 [22]
 France 20AA Stable 2014-12-12 [28]
 Gabon 09BB- Stable 2011-11-21 [22]
 Georgia 08B+ Positive 2011-11-21 [22]
 Germany 21AAA Stable 2011-11-21 [22]
 Ghana 08B+ Stable 2011-11-21 [22]
 Greece 06B Stable 2014-05-23 [22]
 Guatemala 11BB+ Stable 2011-11-21 [22]
 Hong Kong 20AA+ Stable 2011-11-21 [22]
 Hungary 11BB+ Negative 2012-01-06 [22]
 Iceland 12BBB- Stable 2012-02-17 [22]
 India 12BBB- Stable 2013-06-12 [22][29][30]
 Indonesia 12BBB- Stable 2011-12-15 [22]
 Ireland 15A- Stable 2014-08-15 [22]
 Israel 16A Stable 2013-11-29 [22]
 Italy 14BBB+ Stable 2014-04-25 [22][31]
 Jamaica 06B- Stable 2011-11-21 [22]
 Japan 17A+ Negative 2012-05-22 [22]
 Kazakhstan 13BBB Positive 2011-11-21 [22]
 Kenya 08B+ Stable 2011-11-21 [22]
 Kuwait 19AA Stable 2011-11-21 [22]
 Latvia 15A- Stable 2014-06-20 [32]
 Lebanon 07B Stable 2011-11-21 [22]
 Lesotho 09BB- Negative 2011-11-21 [22]
 Lithuania 15A- Stable 2014-06-25 [33]
 Luxembourg 21AAA Stable 2011-11-21 [22]
 Macedonia 11BB+ Stable 2011-11-21 [22]
 Malaysia 15A- Negative 2011-11-21 [22]
 Malta 17A+ Stable 2011-11-21 [22]
 Mexico 14BBB+ Stable 2013-04-08 [22]
 Mongolia 08B+ Stable 2011-11-21 [22]
 Morocco 12BBB- Stable 2011-11-21 [22]
 Mozambique 07B Stable 2011-11-21 [22]
 Namibia 12BBB- Positive 2011-11-21 [22]
 Netherlands 21AAA Stable 2011-11-21 [22]
 New Zealand 19AA Stable 2011-11-21 [22]
 Nigeria 09BB- Stable 2011-11-21 [22]
 Norway 21AAA Stable 2011-11-21 [22]
 Panama 13BBB Stable 2011-11-21 [22]
 Peru 14BBB+ Stable 2013-10-23 [22]
 Philippines 12BBB- Stable 2013-03-27 [22][34]
 Poland 15A- Positive 2013-02-21 [22]
 Portugal 11BB+ Watch Negative 2011-11-21 [22][35]
 Ras Al Khaimah, UAE 16A Stable 2011-11-21 [22]
 Romania 12BBB- Stable 2011-11-21 [22]
 Russia 13BBB Negative 2014-03-21 [22][36]
 Rwanda 07B Stable 2011-11-21 [22]
 San Marino 14 BBB+ Negative 2012-07-23 [22]
 Saudi Arabia 19AA Stable 2014-03-21 [22]
 Serbia 08B+ Stable 2014-01-17 [22]
 Seychelles 07B Stable 2011-11-21 [22]
 Singapore 21AAA Stable 2011-11-21 [22]
 Slovakia 17A+ Stable 2011-11-21 [22]
 Slovenia 14BBB+ Negative 2013-05-17 [22]
 South Africa 13BBB Stable 2013-01-10 [22]
 South Korea 18AA- Stable 2012-09-07 [37]
 Spain 14BBB+ Stable 2014-04-25 [22]
 Sri Lanka 09BB- Stable 2011-11-21 [22]
 Suriname 09 BB- Stable 2012-07-10 [22]
 Sweden 21AAA Stable 2011-11-21 [22]
  Switzerland 21AAA Stable 2011-11-21 [22]
 Taiwan 17A+ Stable 2011-11-21 [22]
 Thailand 14BBB+ Stable 2013-03-08 [22]
 Tunisia 09BB- Negative 2013-10-30 [22]
 Turkey 12BBB- Stable 2012-11-05 [22]
 Uganda 07B Stable 2011-11-21 [22]
 Ukraine 05CCC Negative 2011-11-21 [22]
 United Kingdom 20AA+ Stable 2013-04-19 [38]
 United States 21AAA Stable 2014-03-21 [39]
 Uruguay 12BBB- Stable 2011-11-21 [22]
 Venezuela 08B+ Negative 2011-11-21 [22]
 Vietnam 08B+ Stable 2011-11-21 [22]
 Zambia 08B+ Stable 2011-11-21 [22]

Moody's[edit]

For Moody's, a bond is considered investment grade if its credit rating is Baa3 or higher. Bonds rated Ba1 and below are considered to be speculative grade, sometimes also referred to as "junk" bonds.[40]

Financial ratings of European States by Moody's on 18 January 2014
Country Rating Outlook Date Ref.
 Albania 08B1 Stable 2011-08-05 [41]
 Angola 09Ba3 Stable 2011-08-05 [41]
 Argentina 06Caa1 Negative 2014-07-31 [41]
 Armenia 10Ba2 Negative 2011-11-21 [41]
 Australia 21Aaa Stable 2011-08-05 [41]
 Austria 21Aaa Stable 2012-02-13 [41]
 Azerbaijan 12Baa3 Positive 2012-04-19 [41]
 Bahamas 15A3 Stable 2011-08-05 [41]
 Bahrain 14Baa1 Negative 2011-08-05 [41]
 Bangladesh 09Ba3 Stable 2011-08-05 [41]
 Barbados 12Baa3 Negative 2011-08-05 [41]
 Belarus 06B3 Watch Negative 2011-08-05 [41]
 Belgium 18Aa3 Negative 2011-12-16 [41]
 Belize 06B3 Stable 2011-08-05 [41]
 Bermuda 19Aa2 Stable 2011-08-05 [41]
 Bolivia 09Ba3 Positive 2011-08-05 [41]
 Bosnia and Herzegovina 06B3 Negative 2012-04-03 [41][42]
 Botswana 16A2 Negative 2011-08-05 [41]
 Brazil 13Baa2 Stable 2011-08-05 [41]
 Bulgaria 13Baa2 Stable 2011-08-05 [41]
 Cambodia 07B2 Stable 2011-08-05 [41]
 Canada 21Aaa Stable 2011-08-05 [41]
 Cayman Islands 18Aa3 Stable 2011-08-05 [41]
 Chile 18Aa3 Stable 2011-08-05 [41]
 China 18Aa3 Stable 2011-08-05 [41]
 Colombia 12Baa2 Stable 2014-07-28 [41][43]
 Costa Rica 12Baa3 Stable 2011-08-05 [41]
 Croatia 12Baa3 Stable 2011-08-05 [41]
 Cuba 05Caa1 Stable 2011-08-05 [41]
 Cyprus 06B3 Stable 2014-11-14 [41][44]
 Czech Republic 17A1 Stable 2012-07-18 [41]
 Denmark 21Aaa Stable 2011-08-05 [41]
 Dominican Republic 08B1 Stable 2011-08-05 [41]
 Ecuador 05Caa1 Stable 2012-09-14 [41]
 Egypt 05Caa1 Stable 2014-10-20 [45]
 El Salvador 10Ba2 Stable 2011-08-05 [41]
 Estonia 17A1 Stable 2011-08-05 [41]
 Fiji 08B1 Negative 2011-08-05 [41]
 Finland 21Aaa Stable 2011-08-05 [41]
 France 20Aa1 Negative 2012-11-19 [41]
 Georgia 09Ba3 Stable 2011-08-05 [41]
 Germany 21Aaa Stable 2013-09-06 [46]
 Greece 03Caa1 Stable 2014-08-01 [41]
 Guatemala 11Ba1 Stable 2011-08-05 [41]
 Honduras 07B2 Negative 2013-02-26 [41]
 Hong Kong 20Aa1 Positive 2011-08-05 [41]
 Hungary 11Ba1 Negative 2011-11-24 [41][47]
 Iceland 12Baa3 Negative 2011-08-05 [41]
 India 12Baa3 Stable 2011-08-05 [41]
 Indonesia 12Baa3 Stable 2012-01-18 [41]
 Ireland 14Baa1 Stable 2014-05-16 [41][48]
 Isle of Man 21Aaa Stable 2011-08-05 [41]
 Israel 17A1 Stable 2011-08-05 [41]
 Italy 13Baa2 Stable 2013-02-15 [41][49]
 Jamaica 06B3 Stable 2011-08-05 [41]
 Japan 18A1 Stable 2014-12-01 [41]
 Jordan 10Ba2 Negative 2011-08-05 [41]
 Kazakhstan 13Baa2 Stable 2011-08-05 [41]
 Kuwait 19Aa2 Stable 2011-08-05 [41]
 Latvia 14Baa1 Stable 2014-06-14 [50]
 Lebanon 08B1 Stable 2011-08-05 [41]
 Lithuania 14Baa1 Positive 2011-08-05 [41]
 Luxembourg 21Aaa Watch negative 2012-07-23 [51]
 Macao 18Aa3 Stable 2011-08-05 [41]
 Malaysia 15A3 Stable 2011-08-05 [41]
 Malta 17A3 Stable 2013-08-05 [41]
 Mauritius 13Baa2 Stable 2011-08-05 [41]
 Mexico 15A3 Stable 2014-02-05 [41]
 Moldova 06B3 Stable 2011-08-05 [41]
 Mongolia 08B1 Stable 2011-08-05 [41]
 Montenegro 09Ba3 Stable 2011-08-05 [41]
 Morocco 11Ba1 Stable 2011-08-05 [41]
 Netherlands 21Aaa Stable 2014-03-07 [41]
 New Zealand 21Aaa Stable 2011-08-05 [41]
 Nicaragua 06B3 Stable 2011-08-05 [41]
 Norway 21Aaa Stable 2011-08-05 [41]
 Oman 17A1 Stable 2011-08-05 [41]
 Pakistan 05Caa1 Negative 2012-07-13 [41][52]
 Panama 13Baa2 Stable 2012-10-31 [41]
 Papua New Guinea 08B1 Stable 2011-08-05 [41]
 Paraguay 08B1 Stable 2011-08-05 [41]
 Peru 13A3 Stable 2014-07-02 [41]
 Philippines 12Baa2 Stable 2014-12-11 [41] [53]
 Poland 16A2 Stable 2011-08-05 [41]
 Portugal 09Ba2 Negative 2014-05-09 [41]
 Qatar 19Aa2 Stable 2011-08-05 [41]
 Romania 12Baa3 Stable 2011-08-05 [41]
 Russia 14Baa2 Negative 2014-10-17 [54]
 Saudi Arabia 18Aa3 Stable 2011-08-05 [41]
 Senegal 08B1 Stable 2011-08-05 [41]
 Serbia 08B1 Stable 2013-07-14 [41]
 Singapore 21Aaa Stable 2011-08-05 [41]
 Slovakia 17A1 Stable 2012-02-13 [41]
 Slovenia 11Ba1 Negative 2013-04-30 [41]
 South Africa 14Baa2 Stable 2014-11-06 [41]
 South Korea 18Aa3 Stable 2012-08-27 [41]
 Spain 13Baa2 Positive 2014-02-21 [41]
 Sri Lanka 08B1 Positive 2011-08-05 [41]
 St. Vincent & the Grenadines 08B1 Stable 2011-08-05 [41]
 Suriname 08B1 Stable 2011-08-05 [41]
 Sweden 21Aaa Stable 2011-08-05 [41]
  Switzerland 21Aaa Stable 2011-08-05 [41]
 Taiwan 18Aa3 Stable 2011-08-05 [41]
 Thailand 14Baa1 Stable 2011-08-05 [41]
 Trinidad and Tobago 14Baa1 Stable 2011-08-05 [41]
 Tunisia 12Baa3 Negative 2011-08-05 [41]
 Turkey 12Baa3 Negative 2014-04-16 [41]
 Ukraine 05Caa1 Negative 2013-09-20 [41]
 United Arab Emirates 19Aa2 Stable 2011-08-05 [41]
 United Kingdom 20Aa1 Stable 2013-02-22 [41]
 United States 21Aaa Negative 2011-08-05 [41]
 Uruguay 12Baa2 Stable 2014-05-29 [55]
 Venezuela 07B2 Stable 2011-08-05 [41]
 Vietnam 08B1 Negative 2011-08-05 [41]

Dominion Bond Rating Service (DBRS)[edit]

For DBRS, a bond is considered investment grade if its credit rating is BBB(low) or higher. Bonds rated BB(high) and below are considered to be speculative grade, sometimes also referred to as "junk" bonds.

DBRS European Sovereign Debt Ratings as of Aug. 19, 2013
DBRS Global Sovereign Debt Ratings as of Aug. 19, 2013
Country Rating Trend Date Ref.
 Argentina 08 SD N/A 2014-07-31 [56]
 Australia 22AAA Stable 2014-07-31 [56]
 Austria 22AAA Stable 2014-06-13 [56]
 Belgium 21AA(high) Stable 2014-03-21 [56]
 Brazil 14BBB Stable 2014-08-01 [56]
 Canada 22AAA Stable 2014-07-18 [56]
 Chile 19AA(low) Stable 2014-02-28 [56]
 Colombia 14BBB Stable 2014-04-30 [56]
 Cyprus 14B(low) Stable 2014-06-27 [56]
 Denmark 22AAA Stable 2014-07-25 [56]
 European Union 22AAA Stable 2014-07-11 [56]
 Finland 22AAA Stable 2014-05-16 [56]
 France 22AAA Stable 2014-05-30 [56]
 Germany 22AAA Stable 2014-04-11 [56]
 Greece 22B Stable 2014-07-11 [56]
 India 13BBB(low) Stable 2013-09-30 [56]
 Ireland 16A(low) Stable 2014-03-28 [56]
 Italy 16A(low) Negative 2014-04-11 [56]
 Japan 14A(high) Stable 2013-11-20 [56]
 Mexico 14BBB(high) Stable 2014-03-31 [56]
 Netherlands 22AAA Stable 2014-04-25 [56]
 Norway 22AAA Stable 2014-07-04 [56]
 Peru 14BBB(high) Stable 2014-05-30 [56]
 Portugal 13BBB(low) Stable 2014-05-23 [56]
 Spain 16A(low) Negative 2014-04-11 [56]
 Sweden 22AAA Stable 2014-06-13 [56]
  Switzerland 22AAA Stable 2013-12-27 [56]
 Turkey 13BBB(low) Stable 2014-07-28 [56]
 United Kingdom 22AAA Stable 2014-07-18 [56]
 United States 22AAA Stable 2014-04-22 [56]
 Uruguay 13BBB(low) Stable 2014-05-30 [56]

Dagong[edit]

Dagong is a credit rating agency based in China. It is one of the few notable non-US based credit rating agencies.

Financial ratings of European States by Dagong Global Credit Rating on 30 May 2014

World map ratings by Dagong (Jul 2013)

Country Rating Outlook Date Ref.
 Algeria 10BBB- Stable 2013-02 [57]
 Angola 07BB- Stable 2013-05-31 [57]
 Argentina 00D Negative 2014-07-31 [57]
 Australia 18AA+ Stable 2012-08 [57]
 Austria 18AA+ Stable 2012-01 [57]
 Bahrain 13A- Stable 2012-08 [57]
 Bangladesh 07BB- Stable 2012-06 [57]
 Belarus 07BB- Stable 2012-04 [57]
 Belgium 15A+ Negative 2012-09 [58]
 Bolivia 10BBB- Stable 2013-05-15 [57]
 Botswana 14A Stable 2013-04-07 [57]
 Brazil 13A- Negative 2013-01 [57]
 Cambodia 05B Stable 2013-03-15 [57]
 Canada 18AA+ Stable 2012-11 [57]
 Cayman Islands 16AA- Stable 2012-02-21 [57]
 Chile 17AA Stable 2012-05 [57]
 China 18AA+ Stable 2012-12 [57]
 Colombia 12BBB+ Stable 2013-07-24 [59]
 Croatia 10BBB- Negative 2012-04 [57]
 Czech Republic 15A+ Stable 2011-11-21 [57]
 Democratic Republic of Congo 03CCC Stable 2013-05-16 [57]
 Denmark 18AA+ Stable 2012-09 [57]
 Ecuador 04B- Stable 2012-12 [57]
 Egypt 04B- Negative 2013-06-14 [57]
 Estonia 14A Stable 2012-12 [57]
 Ethiopia 03CCC Negative 2013-01 [57]
 Finland 19AAA Negative 2013-08-16 [57]
 France 15A+ Negative 2012-12 [57]
 Georgia 07BB- Stable 2012-06 [57]
 Germany 18AA+ Stable 2012-09 [57]
 Ghana 05B Stable 2013-04-24 [57]
 Greece 02CC Negative 2012-05-11 [57]
 Hong Kong 19AAA Stable 2012-11 [57]
 Hungary 10BBB- Negative 2013-02 [57]
 Iceland 07BB- Stable 2012-10 [57]
 India 12BBB+ Negative 2012-08 [57]
 Indonesia 10BBB- Stable 2013-01 [57]
 Ireland 11BBB Negative 2012-01 [57]
 Israel 13A- Stable 2012-12 [57]
 Italy 11BBB Negative 2013-01 [57]
 Japan 16AA- Stable 2011-06-02 [57]
 Jordan 04B- Stable 2013-05-15 [57]
 Kazakhstan 10BBB- Stable 2012-11 [57]
 Kenya 05B Negative 2012-09 [57]
 Kuwait 18AA Stable 2012-05 [57]
 Latvia 08BB Stable 2013-01 [57]
 Lithuania 10BBB- Stable 2013-07-15 [57]
 Luxembourg 19AAA Stable 2012-11 [57]
 Macao 18AA+ Stable 2012-09 [57]
 Madagascar 03CCC Stable 2012-05 [57]
 Malaysia 15A+ Stable 2012-12 [57]
 Malta 13A- Negative 2012-04 [57]
 Mauritius 11BBB Stable 2012-07 [57]
 Mexico 11BBB Stable 2012-09 [57]
 Micronesia 07BB- Stable 2013-02 [57]
 Mongolia 06BB- Stable 2012-11 [57]
 Morocco 11BBB Negative 2013-01 [57]
 Netherlands 18AA+ Stable 2011-06-02 [57]
 New Zealand 18AA Negative 2014-01 [57]
 Nigeria 09BB+ Stable 2012-11 [57]
 Norway 19AAA Stable 2013-08-05 [57]
 Oman 05B Stable 2012-04 [57]
 Pakistan 03CCC Negative 2012-09 [57]
 Panama 13A- Stable 2013-07-01 [57]
 Paraguay 06B+ Stable 2013-02 [57]
 Peru 12BBB+ Positive 2013-01 [57]
 Philippines 11BBB Stable 2013-10 [57]
 Poland 13A- Negative 2012-08 [60]
 Portugal 09BB+ Negative 2011-11-24 [57]
 Qatar 16 AA- Stable 2013-02 [57]
 Romania 08BB+ Negative 2013-07-30 [57]
 Russia 14A Stable 2012-10 [57]
 Saudi Arabia 17AA Stable 2012-09 [57]
 Serbia 07BB- Stable 2012-06 [57]
 Singapore 19AAA Stable 2012-12 [57]
 South Africa 14A Negative 2012-07 [57]
 South Korea 16AA- Stable 2013-01 [57]
 South Sudan 02CC Stable 2013-02 [57]
 Spain 14A Negative 2011-06-21 [57]
 Sri Lanka 06B+ Negative 2013-03-18 [57]
 Sudan 01C Stable 2013-02 [57]
 Suriname 09BB+ Stable 2013-05-20 [57]
 Sweden 18AA+ Stable 2013-01 [57]
  Switzerland 19AAA Stable 2012-12 [57]
 Taiwan 16AA- Stable 2013-03-06 [57]
 Thailand 11BBB Stable 2012-12 [57]
 Tunisia 09BB+ Negative 2013-01 [57]
 Turkey 07BB- Stable 2012-09 [57]
 Turkmenistan 12BBB+ Stable 2013-05-14 [57]
 United Kingdom 15A+ Negative 2013-08-01 [57]
 United States 13A- Negative 2013-10-17 [61]
 Ukraine 04B- Negative 2012-08 [57]
 United Arab Emirates 12BBB+ Stable 2012-11 [57]
 Uruguay 09BB+ Stable 2013-01 [57]
 Uzbekistan 11BBB 2013-03-27 [57]
 Venezuela 09BB- Negative 2014-07-02 [57]
 Vietnam 06B+ Stable 2013-02-16 [57]
 Yemen 03CCC Negative 2013-05-23 [57]

JCR[edit]

Japan Credit Rating Agency (JCR) is a credit rating agency based in Japan. JCR is a Nationally Recognized Statistical Rating Organization by the U.S. Securities and Exchange Commission.

Financial ratings of European States by JCR Credit Rating on 08 July 2013
Country Rating Outlook Date Ref.
 Australia 19AAA Stable 2012-07-02 [62]
 Belgium 19AAA Stable 2013-03-25 [62]
 Brazil 11BBB Stable 2012-11-15 [62]
 Canada 19AAA Stable 2012-09-04 [62]
 Czech Republic 14A Stable 2012-12-21 [62]
 Denmark 19AAA Stable 2013-02-14 [62]
 Finland 19AAA Stable 2013-04-19 [62]
 France 19AAA Stable 2013-04-26 [62]
 Germany 19AAA Stable 2013-02-28 [62]
 Hong Kong 18AA+ Stable 2012-09-05 [62]
 Hungary 11BBB Negative 2013-03-14 [62]
 India 12BBB+ Stable 2012-11-30 [62]
 Indonesia 10BBB- Stable 2012-11-13 [62]
 Italy 16AA- Negative 2013-04-10 [62]
 Japan 19AAA Stable 2013-03-15 [62]
 Malaysia 14A Stable 2012-10-19 [62]
 Mexico 13A- Stable 2012-12-21 [62]
 Netherlands 19AAA Stable 2012-10-04 [62]
 Norway 19AAA Stable 2012-08-02 [62]
 Philippines 11BBB Stable 2013-05-7 [62]
 Poland 14A Stable 2013-03-01 [62]
 Portugal 14A Negative 2013-03-15 [62]
 Romania 07BBB- Stable 2013-03-28 [62]
 Russia 12BBB+ Stable 2012-08-29 [62]
 Singapore 19AAA Stable 2012-02-01 [62]
 South Korea 15A+ Stable 2013-01-24 [62]
 Slovakia 15A+ Stable 2012-11-08 [62]
 Slovenia 16AA- Negative 2012-06-13 [62]
 Spain 17AA Negative 2013-04-12 [62]
 Thailand 14A- Stable 2013-04-02 [62]
 Turkey 10BBB- Stable 2013-05-23 [62]
 United Kingdom 19AAA Stable 2012-06-29 [62]
 United States 19AAA Stable 2012-03-09 [62]

China Chengxin[edit]

China Chengxin Credit Rating Group was found in 1992 through the incorporation of China Chengxin Credit Management Co Ltd, which is the first nation-wide credit rating company of China. China Chengxin Credit Rating Group released the sovereign credit rating report for 30 countries first time in July 2012.[63]

Country Rating Outlook Date Ref.
 Argentina 05CCCg Stable 2014-07 [64]
 Australia 19AAAg Stable 2012-07 [64]
 Brazil 12BBBg+ Stable 2012-07 [64]
 Canada 19AAAg+ Stable 2012-07 [64]
 China 17AAg+ Stable 2012-07 [64]
 Denmark 17AAg+ Stable 2012-07 [64]
 France 16AAg Stable 2012-07 [64]
 Germany 17AAg+ Stable 2012-07 [64]
 Greece 01CCCg N/A 2014-04 [64]
 India 11BBBg Stable 2012-07 [64]
 Indonesia 10BBBg- Stable 2012-07 [64]
 Ireland 10BBBg- Negative 2012-07 [64]
 Italy 11BBBg Stable 2013-03 [65]
 Japan 18AAg+ Stable 2012-07 [64]
 Mexico 12BBBg+ Stable 2012-07 [64]
 Netherlands 18AAg+ Stable 2012-07 [64]
 Norway 19AAAg Stable 2012-07 [64]
 Portugal 07BBg- Negative 2012-07 [64]
 Russia 14Ag Stable 2012-07 [64]
 Saudi Arabia 18AAg+ Stable 2013-07 [64]
 Singapore 19AAAg Stable 2013-07 [64]
 South Africa 14Ag Stable 2013-07 [64]
 South Korea 16AAg- Stable 2013-07 [64]
 Spain 09BBg+ Negative 2013-03 [66]
  Switzerland 19AAAg+ Stable 2012-07 [64]
 Thailand 12BBBg+ Stable 2012-07 [64]
 Turkey 08BBg Stable 2012-07 [64]
 United Kingdom 18AAg+ Stable 2013-03 [67]
 United States 19AAAg Stable 2012-07 [64]

Not rated[edit]

UN member states that have not been assigned a credit rating by any of the six[which?] rating agencies.

Country Details
 Afghanistan
 Antigua and Barbuda
 Bhutan
 Brunei Darussalam
 Burundi
 Central African Republic
 Chad
 Comoros
 Congo
 Cote d'Ivoire
 Djibouti
 Dominica
 Equatorial Guinea
 Eritrea
 Gambia Fitch suspended Gambia’s credit rating after its only traded international bond expired[68]
 Guinea
 Guinea-Bissau
 Guyana
 Haiti
 Iran Fitch has withdrawn all ratings for Iran following the maturity and full repayment of the last outstanding sovereign eurobond on 21 April 2008.[69]
 Iraq
 Kiribati
 Kyrgyzstan
 Laos
 Liberia
 Libya Fitch has withdrawn all ratings for Libya because it doesn't have enough information to maintain coverage of the issuer.[70]
 Malawi
 Maldives
 Mali Mali was given a credit rating in 2004 as part of a UN development initiative,[71] but the rating was later withdrawn.[72]
 Marshall Islands
 Mauritania
 Monaco
 Myanmar
 Nauru
   Nepal
 Niger
 North Korea
 Palau
 Saint Kitts and Nevis
 Saint Lucia
 Samoa
 Sao Tome and Principe
 Sierra Leone
 Solomon Islands
 Somalia
 Swaziland
 Syria
 Tajikistan
 Tanzania
 Timor Leste
 Togo
 Tuvalu
 Vanuatu
 Zimbabwe

See also[edit]

References[edit]

  1. ^ "S&P | Ratings Sovereigns Ratings List | Americas". Standard & Poor's. Retrieved August 7, 2011. 
  2. ^ Reference for the United States: "United States of America Long-Term Rating Lowered To 'AA+' On Political Risks And Rising Debt Burden; Outlook Negative". Standard & Poor's. Retrieved August 5, 2011. 
  3. ^ "S&P | Ratings Credit Ratings Definitions & FAQs | Americas". Standardandpoors.com. Retrieved 2013-02-25. 
  4. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch ci cj ck cl cm cn co cp cq cr cs ct cu cv cw cx cy cz da db dc dd de df dg dh di dj dk dl dm dn do dp dq dr ds dt du "Sovereigns Ratings List | Standard & Poor's". Standardandpoors.com. Retrieved 2013-02-25. 
  5. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch ci cj ck cl cm cn co cp cq cr cs ct cu cv cw cx cy cz da db dc dd de df dg dh di dj dk dl dm dn "Sovereign Ratings And Country T&C Assessments As Of Nov. 29, 2011". 204.8.132.217. Retrieved 2013-02-25. 
  6. ^ "Sovereigns Rating List". Standard & Poor’s. Retrieved 2014-07-30. 
  7. ^ "S&P raises Cyprus long-term rating to B, outlook positive". 
  8. ^ "S&P | Estonia Ratings Affirmed At 'AA-/A-1+'; Outlook Revised To Stable On Economic Resilience And Political Stability". Standard and Poor's. Retrieved 2013-11-03. 
  9. ^ Standards and Poor’s downgrades Grenada's credit rating Jamaica Gleaner. March 13, 2013. Accessed March 21, 2013
  10. ^ "India gets a bad appraisal: S&P revises outlook to ‘negative' - The Times of India". The Times Of India. 
  11. ^ S&P removes Jamaica from 'default' after debt swap Business Recorder. 07 March 2013. Accessed 22 March 2013
  12. ^ [1] Finance Ministry of Latvia
  13. ^ http://www.fxstreet.com/news/forex-news/article.aspx?storyid=1b809fdf-611f-43ca-9d69-15b18975ed4d FXStreet.com January 16, 2013. Accessed March 22, 2013
  14. ^ "Moody's: "Calificación de BAA2 a Perú se sustenta en su estabilidad" - economía | Perú 21". Perú.21. Retrieved 2013-11-03. 
  15. ^ abs-cbnews.com. "PH gets further credit rating upgrade from S&P". Retrieved 8 May 2014. 
  16. ^ standardandpoors.com. "Sovereigns Rating List". Retrieved 8 May 2014. 
  17. ^ S&P downgrades Russia to BBB- amid capital outflows
  18. ^ S&P Downgrades Slovenia´s Rating to A- The Slovenia Times 13 February 2013. Accessed 22 March 2013
  19. ^ "Ratings for Swedish debt". Retrieved 26 February 2013. 
  20. ^ Krasnolutska, Daryna. "Ukrainian Credit-Rating Outlook Raised to Stable at S&P". Bloomberg. Bloomberg. 
  21. ^ "Fitch Ratings — Definitions of Ratings and Other Forms of Opinion" (PDF). Retrieved 2013-02-25. 
  22. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch ci cj ck cl cm cn co cp cq "Fitch - Complete Sovereign Rating History". Retrieved 2013-02-25. 
  23. ^ "Fitch Downgrades Argentina's FC IDR to 'RD'". FitchResearch. 2014-07-31. Retrieved 2014-07-31. 
  24. ^ "TEXT:Fitch Upgrades Australia's Foreign-Currency IDR to 'AAA'". Reuters. Retrieved 2013-02-25. 
  25. ^ "Fitch upgrades Colombia credit rating to BBB, outlook stable". Reuters. 2013-07-05. Retrieved 2014-07-29. 
  26. ^ "Fitch cuts Egypt to B-minus on political worries". Reuters. 2013-07-05. Retrieved 2013-07-06. 
  27. ^ "El Salvador Credit Rating Cut to BB- by Fitch on Fiscal Deficit". Bloomberg. 2013-07-16. Retrieved 2013-07-18. 
  28. ^ "France's credit downgraded to AA at Fitch Ratings - MarketWatch". Retrieved 2014-12-12. 
  29. ^ "Fitch upgrades India's outlook to stable, affirms BBB- rating". The Economic Times (New Delhi, India). 12 June 2013. Retrieved 12 June 2013. 
  30. ^ "RPT-Fitch Revises India's Outlook to Stable; Affirms Ratings at 'BBB-'". Reuters. 12 June 2013. Retrieved 12 June 2013. 
  31. ^ "Fitch raises Italy's outlook to stable". Ansa. 25 April 2014. 
  32. ^ [2] Delfi.lv
  33. ^ [3] Fitchratings.com
  34. ^ "A first: Investment grade rating for PH". Reuters.com. Retrieved 2013-03-27. 
  35. ^ Bugge, Axel. "Reuters Nov 24, 2011: "Fitch cuts Portugal rating on high debts, worse outlook"". Reuters.com. Retrieved 2013-02-25. 
  36. ^ "Fitch Revises Russia's Outlook to Negative; Affirms at 'BBB'". Fitch. 2014-03-21. Retrieved 2014-03-21. 
  37. ^ Kim, Cynthia (2012-09-06). "South Korea Rating Raised by Fitch on Nation’s Stability". Bloomberg. Retrieved 2013-02-25. 
  38. ^ "Fitch strips Britain of triple-A credit rating". Reuters. Retrieved 2013-04-19. 
  39. ^ "Fitch Affirms United States at' 'AAA'; Outlook Stable". Fitch. 2014-03-21. Retrieved 2013-03-21. 
  40. ^ "investment grade : defined at Finance Glossary". Finance-glossary.com. Retrieved 2013-02-25. 
  41. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch ci cj ck cl cm cn co cp cq cr cs ct cu cv cw cx cy cz da db dc dd Moody's — Sovereign Ratings Summary; Sovereign and supranational issuer ratings summary
  42. ^ Bases, Daniel (3 April 2012). "Moody's cuts Bosnia rating one notch to B3". Reuters. 
  43. ^ "Moody's upgrades Colombia's rating to Baa2 from Baa3; outlook stable". Moodys.com. Retrieved 2014-07-28. 
  44. ^ "Moody's upgrades Cyprus's government bond rating to B3 and assigns stable outlook". Moodys.com. Retrieved 2014-11-19. 
  45. ^ [4] October 20, 2014. Accessed October 22, 2014
  46. ^ "Moody's ratings agency upgrades German banks". Deutsche Welle. 2013-09-06. 
  47. ^ Simon, Zoltan. "Hungary Debt-Grade Cut to Junk Boosts Need for IMF as Rate Pressure Rises". Bloomberg.com. Retrieved 2013-02-25. 
  48. ^ "Moody's upgrades Ireland to Baa1 from Baa3; outlook stable". Moodys.com. Retrieved 2014-05-17. 
  49. ^ "Italy’s Credit-Rating Outlook Raised to Stable by Moody’s". Bloomberg.com. 2013-02-15. 
  50. ^ [5]
  51. ^ "Germany's AAA credit rating on 'negative outlook'". BBC News. 2012-07-24. 
  52. ^ "Moody's downgrades Pakistan's government bond ratings to Caa1, outlook negative". Moody's Investors Service. 
  53. ^ "PHL credit rating upgraded to Baa2". Ang Malaya Net. 
  54. ^ https://www.moodys.com/research/Moodys-Downgrades-Russias-Ratings-to-Baa2-Outlook-Negative--PR_310632
  55. ^ "Moody's upgrades Uruguay's government bond rating to Baa2; stable outlook". Moodys.com. 2014-05-29. Retrieved 2014-05-30. 
  56. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae DBRS — Sovereign and Supranational Ratings
  57. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax ay az ba bb bc bd be bf bg bh bi bj bk bl bm bn bo bp bq br bs bt bu bv bw bx by bz ca cb cc cd ce cf cg ch ci cj ck cl cm cn co cp "Dagong Downgrades the Foreign Currency Sovereign Credit Rating of Argentina to D". Dagong Global Credit Rating. Retrieved 2014-07-31. 
  58. ^ Dagong downgrades ... outlook of Belgium[dead link]
  59. ^ "Dagong gives BBB+ sovereign credit rating to Colombia". News.xinhuanet.com. 2012-03-31. Retrieved 2013-02-25. 
  60. ^ Dagong Changes Its Outlook on the Sovereign Credit Rating of Poland to Negative[dead link]
  61. ^ "Dagong Downgrades the U.S. Sovereign Credit Ratings to A- Dagong Global Credit Rating Co., Ltd.". Dagong Global Credit Rating Co., Ltd. 2013-10-17. Retrieved 2013-10-17. 
  62. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag "Sovereign & Supranationals | Rating Lists". Japan Credit Rating Agency. Retrieved 2013-11-03. 
  63. ^ Jia, Chen (2012-08-01). "Mainland credit rating agency opens HK arm". China Daily. Retrieved 19 April 2013. 
  64. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z http://www.ccxi.com.cn/245/311/YjfxList.html
  65. ^ "中诚信国际:意大利政治不确定性对其主权信用带来负面影响". 中诚信国际. Retrieved 19 April 2013. 
  66. ^ "中诚信国际:西班牙主权评级维持BBg+,评级展望由稳定调为负面". 中诚信国际. Retrieved 19 April 2013. 
  67. ^ "中诚信国际:下调英国主权评级至AAg+,评级展望为稳定". 中诚信国际. Retrieved 19 April 2013. 
  68. ^ Country Brief - Gambia(password-protected)
  69. ^ Cbonds.Info - Fitch (UK) Withdraws Iran's Ratings
  70. ^ Fitch Downgrades, Withdraws Libya's Credit Rating - FoxBusiness.com
  71. ^ "Mali given credit rating under UN development initiative". Un.org. 2004-05-06. Retrieved 2013-02-25. 
  72. ^ "Fitch withdraws Mali's ratings". Af.reuters.com. 2009-12-04. Retrieved 2013-02-25.