FLASHBACK: Moody’s Downgrades Qatar Rating to Aa3 But Changes Outlook to Stable from Negative (Moody’s)

On May 26, Moody’s Investors Service downgraded Qatar’s long-term issuer and senior unsecured debt ratings to Aa3 from Aa2 and changed the outlook to stable from negative. The key drivers for the rating downgrade are a weakening of Qatar’s external position and uncertainty over the sustainability of the country’s growth model beyond the next few years. The stable outlook reflects Moody’s view that implementation of fiscal and economic reforms, coupled with sizable reserve buffers, will help shield Qatar’s credit profile from deteriorating further and remain consistent with a Aa3 rating. READ MORE

Similar Posts:

• Qatar Long-Term Rating Lowered To ‘AA-‘; On Watch Negative (S&P)
• Moody’s Downgrades Macao to Aa3 with Negative Outlook (Moody’s)
• How MSCI’s Removal of Qatar & UAE Impacts the Frontier Markets Landscape (MM)
• Tiny, Wealthy Qatar Goes Its Own Way, and Pays for It (NYT)
• Fund Managers’ Opinions on the UAE and Qatar’s Emerging Markets Upgrade (The National)
• History Says Investors Get Gored by MSCI Upgrades (Reuters)
• How the MSCI Emerging Markets Index Changes Will Impact Investors (P&I)
• Frontier Markets: Small, Concentrated & Misunderstood (Financial Advisor)
• Moody’s Downgrades Hong Kong’s Rating to Aa2 From Aa1; Raises Outlook to Stable from Negative (Moody’s)
• MENA Equities: Five Key Themes and Reasons for Optimism (Franklin Templeton)
• Moody’s Changes Macau’s Outlook to Stable From Negative (Moody’s)
• Frontier Market ETFs Have 72% Exposure to Oil-Dependent Countries (FT Adviser)
• The “Halo Effect” of Saudi Arabia’s Emerging Markets Arrival (Franklin Templeton)
• Moody’s Downgrades China’s But Changes Outlook to Stable From Negative (Moody’s)
• Why Could Moody’s Downgrade Colombia’s Credit Rating? (AméricaEconomía)