Credit Ratings
Credit rating is an indicator providing investors (creditors) with concise information on the level of the debtor’s capacity to discharge their financial obligations. A debtor may be assigned the ratings from those corresponding to the highest levels of security where the debtor‘s capacity to discharge their financial liabilities is extremely high to the ratings showing the failure by the debtor to discharge any financial obligations.
Solicited credit ratings for central government debt
At the moment, the Government has solicited credit ratings assiged by the following credit rating agencies:
| Agency | Long-term rating | Outlook | Short-term rating | Calendar dates for credit rating announcements in 2026 |
| Moody's Investors Service | A2 | stable | 17 April and 16 October | |
| S&P Global Ratings | A | stable | A-1 | 29 May and 27 November |
| Fitch Ratings | A+ | stable | F1+ | 24 April and 23 October |
Unsolicited credit ratings for central government debt
In addition, some credit rating agencies provide unsolicited ratings.
| Agency | Long-term rating | Outlook/Trend | Calendar dates for credit rating announcements in 2026 |
| DBRS Morninstar | A (high) | stable | 10 April and 9 October |
| Scope Ratings | A+ | stable | 6 February and 7 August |
Last updated: 27-04-2026