S&P downgrades Bahrain
Standard and Poor's, a rating agency, on Friday downgraded Bahrain's credit rating two notches as the political situation in the country worsens.
The rating agency said it had downgraded Bahrain's long- and short-term credit rating from A- to BBB and A-2 to A-3 respectively, and placed the sovereign on credit watch with negative implications. The move places Bahrain's long-term credit rating one notch above junk bond status. Standard and Poor's also lowered the ratings on the Central Bank of
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Debt Management
Sri Lanka considers new bonds linked to GDP and governance
Restructuring debt could link repayments to anti-corruption reforms
Pakistan repays bonds worth $1bn as it seeks fresh IMF loan
Debt-stricken country looks to secure about $6 billion in loans
BCRA ex-governor Caputo will be Argentina’s economy minister
Central bank halts sales of devaluation hedge bonds
IMF members will meet SDR interest payments, says paper
Fund publication notes interest rates on SDR rose sharply in last two years
Tunisian president wants central bank to directly finance budget
Central bank governor has rejected calls for monetary financing as observers warn of growing crisis
Zambia agrees foreign debt deal
Government agrees to repay faster if IMF assesses its ability to do so has risen
Argentina defers over $15 billion interest in debt swap
Struggling country eases fiscal pressures while inflation continues rising
IMF approves $3 billion for Ghana
Governor welcomes conditions, including cutting inflation and ending monetary financing
Most read
- Trends in reserve management 2024: survey results
- People: RBI appoints senior officials
- China to start selling ultra-long term sovereign bonds