List of countries by credit rating

This is a list of countries by credit rating, showing long-term foreign currency credit ratings for sovereign bonds as reported by the largest three major credit rating agencies: Standard & Poor's, Fitch, and Moody's. The list also includes all administrative divisions not issuing sovereign bonds, but it excludes regions, provinces and municipalities issuing sub-sovereign bonds.

Standard & Poor's

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. An SD rating indicates that the country has selectively defaulted on some outstanding obligations

Fitch

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. Fitch Ratings typically does not assign outlooks to sovereign ratings below B− (CCC and lower) or modifiers. CCC indicates 'Substantial Credit Risk' where 'default is a real possibility'. CC indicates 'Very High Levels of Credit Risk' where 'default of some kind appears probable'.

Moody's

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.

Others

DBRS Morningstar

For DBRS Morningstar, 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.

Scope Ratings

For Scope – the European rating agency – 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.

JCR

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.

China Chengxin

China Chengxin Credit Rating Group is a credit rating agency based in China.

Unrated

References

Links

• S&P Global Ratings
• Fitch Ratings
• Moody's
• DBRS Morningstar
• Scope Ratings
• Japan Credit Rating Agency
• China Chengxin Credit Rating Group
• countryeconomy.com

See also

• Bond credit rating
• United States federal government credit-rating downgrades
• List of US states by credit rating
• World debt

1. Credit rating
2. Bond credit rating
3. Credit rating agency
4. List of U.S. states by credit rating
5. List of countries by government debt
6. Fitch Ratings
7. Sovereign credit risk
8. Moody's Ratings
9. Lists of sovereign states and dependent territories
10. S&P Global Ratings
11. Global debt
12. Social Credit System
13. Dagong Global Credit Rating
14. Credit rating agencies and the subprime crisis
15. United States federal government credit-rating downgrades
16. Comparative rating index of sovereigns
17. List of international rankings
18. Economy of Aruba
19. Country risk
20. Debt crisis