Fitch upgrades Colombia and Philippines

053b96cc-fec5-4c27-b66a-bd10c9ee9461

The long-term credit ratings of Colombia and the Philippines have both been upgraded one notch by Fitch, a signal of the strength of emerging market sovereign debt markets.

The rating agency on Thursday said it had raised its credit rating for Colombia from BB+ to BBB-, moving it from junk status to investment grade. The Philippines's credit rating also moved up from BB to BB+, one notch below investment grade.

In both cases, Fitch said the upgrade reflected a track record of solid macroeconomic

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: