This report does not constitute a rating action.
Credit Rating Agency Regulation: Calendar For Jan. 1 To Dec. 31, 2023
This calendar sets out potential dates for the publication of credit rating actions on sovereign, regional, and local government ratings and related outlooks in accordance with regulatory requirements. S&P Global Ratings has nominated two or three publication dates in 2023 for each sovereign and regional and local government it currently rates, on a solicited or unsolicited basis, from its offices in Dubai, Dublin, Frankfurt, Johannesburg, London, Madrid, Milan, Paris, and Stockholm.
As required by regulation, all such publication dates are on Fridays. Regulations allow credit rating agencies to deviate from their announced calendar where necessary to comply with their other legal obligations, for example, to disclose credit ratings based on all available and relevant information in a timely manner, but state that deviations should not happen "routinely." Credit rating agencies, including S&P Global Ratings, are required to provide a detailed rationale for any deviation.
Applicable regulations define a "sovereign rating" as a credit rating where:
- The entity rated is a state or a regional or local authority of a state.
- The issuer of the debt or financial obligation, debt security or other financial instrument is a state or a regional or local authority of a state, or a special purpose vehicle of a state or of a regional or local authority.
- The issuer is an international financial institution established by two or more states, which has the purpose of mobilizing funding and providing financial assistance for the benefit of the members of that international financial institution, which are experiencing or threatened by severe financing problems.
For convenience, publication dates are listed separately for sovereigns and for regional and local governments. Each listing is available in two versions, with entities sorted by first publication date and alphabetically (see tables 1-4). New ratings, withdrawals, suspensions, and deviations during the preceding 12 months are also provided (see tables 5 and 6). To search a list for a specific country or government, press CTRL + F on your keyboard and type in the name of entity.
Sovereign Ratings
Table 1
Sovereigns (Sorted By Publication Date) | ||||||||
---|---|---|---|---|---|---|---|---|
Rated entity | First publication date | Second publication date | Third publication date | |||||
Guernsey |
Jan. 13, 2023 | July 14, 2023 | ||||||
Jersey |
Jan. 13, 2023 | July 14, 2023 | ||||||
Congo (the Democratic Republic of the) |
Jan. 27, 2023 | July 28, 2023 | ||||||
Congo-Brazzaville |
Jan. 27, 2023 | July 28, 2023 | ||||||
Hungary |
Jan. 27, 2023 | July 7, 2023 | Dec. 8, 2023 | |||||
Luxembourg |
Jan. 27, 2023 | July 28, 2023 | ||||||
North Macedonia |
Jan. 27, 2023 | July 28, 2023 | ||||||
Rwanda |
Jan. 27, 2023 | July 28, 2023 | ||||||
Bosnia and Herzegovina |
Feb. 3, 2023 | Aug. 4, 2023 | ||||||
European Financial Stability Facility |
Feb. 3, 2023 | Aug. 4, 2023 | ||||||
European Stability Mechanism |
Feb. 3, 2023 | Aug. 4, 2023 | ||||||
Nigeria |
Feb. 3, 2023 | Aug. 4, 2023 | ||||||
Denmark* |
Feb. 10, 2023 | Aug. 11, 2023 | ||||||
Georgia (Government of) |
Feb. 10, 2023 | Aug. 11, 2023 | ||||||
Iraq |
Feb. 10, 2023 | Aug. 11, 2023 | ||||||
Switzerland* |
Feb. 10, 2023 | Aug. 11, 2023 | ||||||
Angola |
Feb. 17, 2023 | Aug. 18, 2023 | ||||||
Cape Verde |
Feb. 17, 2023 | Aug. 18, 2023 | ||||||
Estonia |
Feb. 17, 2023 | Aug. 18, 2023 | ||||||
Lebanon |
Feb. 17, 2023 | Aug. 18, 2023 | ||||||
Poland |
Feb. 17, 2023 | June 23, 2023 | Dec. 1, 2023 | |||||
Tajikistan |
Feb. 17, 2023 | Aug. 18, 2023 | ||||||
Armenia |
Feb. 24, 2023 | Aug. 25, 2023 | ||||||
Austria |
Feb. 24, 2023 | Aug. 25, 2023 | ||||||
Kenya |
Feb. 24, 2023 | Aug. 25, 2023 | ||||||
Cyprus |
March 3, 2023 | Sep. 1, 2023 | ||||||
Kazakhstan |
March 3, 2023 | Sep. 1, 2023 | ||||||
Montenegro |
March 3, 2023 | Sep. 1, 2023 | ||||||
Jordan |
March 10, 2023 | Sep. 8, 2023 | ||||||
Norway |
March 10, 2023 | Sep. 8, 2023 | ||||||
Portugal* |
March 10, 2023 | Sep. 8, 2023 | ||||||
Ukraine |
March 10, 2023 | Sep. 8, 2023 | ||||||
Belarus |
March 17, 2023 | Sep. 15, 2023 | ||||||
Belgium* |
March 17, 2023 | Sep. 15, 2023 | ||||||
Botswana |
March 17, 2023 | Sep. 15, 2023 | ||||||
Croatia |
March 17, 2023 | Sep. 15, 2023 | ||||||
Saudi Arabia* |
March 17, 2023 | Sep. 15, 2023 | ||||||
Spain* |
March 17, 2023 | Sep. 15, 2023 | ||||||
Togo |
March 17, 2023 | Sep. 15, 2023 | ||||||
Albania |
March 24, 2023 | Sep. 22, 2023 | ||||||
Ethiopia |
March 24, 2023 | Sep. 22, 2023 | ||||||
Germany* |
March 24, 2023 | Sep. 22, 2023 | ||||||
Cameroon |
March 31, 2023 | Sep. 29, 2023 | ||||||
Morocco |
March 31, 2023 | Sep. 29, 2023 | ||||||
Oman |
March 31, 2023 | Sep. 29, 2023 | ||||||
St Helena |
March 31, 2023 | Sep. 29, 2023 | ||||||
Turkey* |
March 31, 2023 | Sep. 29, 2023 | ||||||
Madagascar |
April 7, 2023 | Oct. 6, 2023 | ||||||
Serbia |
April 7, 2023 | Oct. 6, 2023 | ||||||
Czech Republic |
April 14, 2023 | Oct. 13, 2023 | ||||||
Ras Al Khaimah (Emirate of) |
April 14, 2023 | Oct. 13, 2023 | ||||||
Romania |
April 14, 2023 | Oct. 13, 2023 | ||||||
Benin |
April 21, 2023 | Oct. 20, 2023 | ||||||
Egypt |
April 21, 2023 | Oct. 20, 2023 | ||||||
Greece |
April 21, 2023 | Oct. 20, 2023 | ||||||
Italy* |
April 21, 2023 | Oct. 20, 2023 | ||||||
Mozambique |
April 21, 2023 | Oct. 20, 2023 | ||||||
Netherlands* |
April 21, 2023 | Oct. 20, 2023 | ||||||
United Kingdom* |
April 21, 2023 | Oct. 20, 2023 | ||||||
Finland |
April 28, 2023 | Oct. 27, 2023 | ||||||
Sweden* |
April 28, 2023 | Oct. 27, 2023 | ||||||
Qatar |
May 5, 2023 | Nov. 3, 2023 | ||||||
Andorra |
May 12, 2023 | Nov. 10, 2023 | ||||||
Burkina Faso |
May 12, 2023 | Nov. 10, 2023 | ||||||
Iceland |
May 12, 2023 | Nov. 10, 2023 | ||||||
Israel |
May 12, 2023 | Nov. 10, 2023 | ||||||
Cote d'Ivoire |
May 19, 2023 | Nov. 17, 2023 | ||||||
Ireland |
May 19, 2023 | Nov. 17, 2023 | ||||||
Sharjah (Emirate of) |
May 19, 2023 | Nov. 17, 2023 | ||||||
Slovakia |
May 19, 2023 | Nov. 17, 2023 | ||||||
South Africa |
May 19, 2023 | Nov. 17, 2023 | ||||||
Abu Dhabi (Emirate of) |
May 26, 2023 | Nov. 24, 2023 | ||||||
Bahrain |
May 26, 2023 | Nov. 24, 2023 | ||||||
Bulgaria |
May 26, 2023 | Nov. 24, 2023 | ||||||
Liechtenstein |
May 26, 2023 | Nov. 24, 2023 | ||||||
Zambia |
May 26, 2023 | Nov. 24, 2023 | ||||||
France* |
June 2, 2023 | Dec. 1, 2023 | ||||||
Ghana |
June 2, 2023 | Nov. 24, 2023 | ||||||
Lithuania |
June 2, 2023 | Dec. 1, 2023 | ||||||
Senegal |
June 2, 2023 | Dec. 1, 2023 | ||||||
Uganda |
June 2, 2023 | Dec. 1, 2023 | ||||||
Uzbekistan |
June 2, 2023 | Dec. 1, 2023 | ||||||
Azerbaijan |
June 9, 2023 | Dec. 8, 2023 | ||||||
Kuwait |
June 9, 2023 | Dec. 8, 2023 | ||||||
Malta |
June 9, 2023 | Dec. 8, 2023 | ||||||
Slovenia |
June 9, 2023 | Dec. 8, 2023 | ||||||
Latvia |
June 16, 2023 | Dec. 15, 2023 | ||||||
*Unsolicited rating. |
Table 2
Sovereigns (Sorted Alphabetically) | ||||||||
---|---|---|---|---|---|---|---|---|
Rated entity | First publication date | Second publication date | Third publication date | |||||
Abu Dhabi (Emirate of) |
May 26, 2023 | Nov. 24, 2023 | ||||||
Albania |
March 24, 2023 | Sep. 22, 2023 | ||||||
Andorra |
May 12, 2023 | Nov. 10, 2023 | ||||||
Angola |
Feb. 17, 2023 | Aug. 18, 2023 | ||||||
Armenia |
Feb. 24, 2023 | Aug. 25, 2023 | ||||||
Austria |
Feb. 24, 2023 | Aug. 25, 2023 | ||||||
Azerbaijan |
June 9, 2023 | Dec. 8, 2023 | ||||||
Bahrain |
May 26, 2023 | Nov. 24, 2023 | ||||||
Belarus |
March 17, 2023 | Sep. 15, 2023 | ||||||
Belgium* |
March 17, 2023 | Sep. 15, 2023 | ||||||
Benin |
April 21, 2023 | Oct. 20, 2023 | ||||||
Bosnia and Herzegovina |
Feb. 3, 2023 | Aug. 4, 2023 | ||||||
Botswana |
March 17, 2023 | Sep. 15, 2023 | ||||||
Bulgaria |
May 26, 2023 | Nov. 24, 2023 | ||||||
Burkina Faso |
May 12, 2023 | Nov. 10, 2023 | ||||||
Cameroon |
March 31, 2023 | Sep. 29, 2023 | ||||||
Cape Verde |
Feb. 17, 2023 | Aug. 18, 2023 | ||||||
Congo (the Democratic Republic of the) |
Jan. 27, 2023 | July 28, 2023 | ||||||
Congo-Brazzaville |
Jan. 27, 2023 | July 28, 2023 | ||||||
Cote D'Ivoire |
May 19, 2023 | Nov. 17, 2023 | ||||||
Croatia |
March 17, 2023 | Sep. 15, 2023 | ||||||
Cyprus |
March 3, 2023 | Sep. 1, 2023 | ||||||
Czech Republic |
April 14, 2023 | Oct. 13, 2023 | ||||||
Denmark* |
Feb. 10, 2023 | Aug. 11, 2023 | ||||||
Egypt |
April 21, 2023 | Oct. 20, 2023 | ||||||
Estonia |
Feb. 17, 2023 | Aug. 18, 2023 | ||||||
Ethiopia |
March 24, 2023 | Sep. 22, 2023 | ||||||
European Financial Stability Facility |
Feb. 3, 2023 | Aug. 4, 2023 | ||||||
European Stability Mechanism |
Feb. 3, 2023 | Aug. 4, 2023 | ||||||
Finland |
April 28, 2023 | Oct. 27, 2023 | ||||||
France* |
June 2, 2023 | Dec. 1, 2023 | ||||||
Georgia (Government of) |
Feb. 10, 2023 | Aug. 11, 2023 | ||||||
Germany* |
March 24, 2023 | Sep. 22, 2023 | ||||||
Ghana |
June 2, 2023 | Nov. 24, 2023 | ||||||
Greece |
April 21, 2023 | Oct. 20, 2023 | ||||||
Guernsey |
Jan. 13, 2023 | July 14, 2023 | ||||||
Hungary |
Jan. 27, 2023 | July 7, 2023 | Dec. 8, 2023 | |||||
Iceland |
May 12, 2023 | Nov. 10, 2023 | ||||||
Iraq |
Feb. 10, 2023 | Aug. 11, 2023 | ||||||
Ireland |
May 19, 2023 | Nov. 17, 2023 | ||||||
Israel |
May 12, 2023 | Nov. 10, 2023 | ||||||
Italy* |
April 21, 2023 | Oct. 20, 2023 | ||||||
Jersey |
Jan. 13, 2023 | July 14, 2023 | ||||||
Jordan |
March 10, 2023 | Sep. 8, 2023 | ||||||
Kazakhstan |
March 3, 2023 | Sep. 1, 2023 | ||||||
Kenya |
Feb. 24, 2023 | Aug. 25, 2023 | ||||||
Kuwait |
June 9, 2023 | Dec. 8, 2023 | ||||||
Latvia |
June 16, 2023 | Dec. 15, 2023 | ||||||
Lebanon |
Feb. 17, 2023 | Aug. 18, 2023 | ||||||
Liechtenstein |
May 26, 2023 | Nov. 24, 2023 | ||||||
Lithuania |
June 2, 2023 | Dec. 1, 2023 | ||||||
Luxembourg |
Jan. 27, 2023 | July 28, 2023 | ||||||
Madagascar |
April 7, 2023 | Oct. 6, 2023 | ||||||
Malta |
June 9, 2023 | Dec. 8, 2023 | ||||||
Montenegro |
March 3, 2023 | Sep. 1, 2023 | ||||||
Morocco |
March 31, 2023 | Sep. 29, 2023 | ||||||
Mozambique |
April 21, 2023 | Oct. 20, 2023 | ||||||
Netherlands* |
April 21, 2023 | Oct. 20, 2023 | ||||||
Nigeria |
Feb. 3, 2023 | Aug. 4, 2023 | ||||||
North Macedonia |
Jan. 27, 2023 | July 28, 2023 | ||||||
Norway |
March 10, 2023 | Sep. 8, 2023 | ||||||
Oman |
March 31, 2023 | Sep. 29, 2023 | ||||||
Poland |
Feb. 17, 2023 | June 23, 2023 | Dec. 1, 2023 | |||||
Portugal* |
March 10, 2023 | Sep. 8, 2023 | ||||||
Qatar |
May 5, 2023 | Nov. 3, 2023 | ||||||
Ras Al Khaimah (Emirate of) |
April 14, 2023 | Oct. 13, 2023 | ||||||
Romania |
April 14, 2023 | Oct. 13, 2023 | ||||||
Rwanda |
Jan. 27, 2023 | July 28, 2023 | ||||||
Saudi Arabia* |
March 17, 2023 | Sep. 15, 2023 | ||||||
Senegal |
June 2, 2023 | Dec. 1, 2023 | ||||||
Serbia |
April 7, 2023 | Oct. 6, 2023 | ||||||
Sharjah (Emirate of) |
May 19, 2023 | Nov. 17, 2023 | ||||||
Slovakia |
May 19, 2023 | Nov 17, 2023 | ||||||
Slovenia |
June 9, 2023 | Dec. 8, 2023 | ||||||
South Africa |
May 19, 2023 | Nov. 17, 2023 | ||||||
Spain* |
March 17, 2023 | Sep. 15, 2023 | ||||||
St. Helena |
March 31, 2023 | Sep. 29, 2023 | ||||||
Sweden* |
April 28, 2023 | Oct. 27, 2023 | ||||||
Switzerland* |
Feb. 10, 2023 | Aug. 11, 2023 | ||||||
Tajikistan |
Feb. 17, 2023 | Aug. 18, 2023 | ||||||
Togo |
March 17, 2023 | Sep. 15, 2023 | ||||||
Turkey* |
March 31, 2023 | Sep. 29, 2023 | ||||||
Uganda |
June 2, 2023 | Dec. 1, 2023 | ||||||
Ukraine |
March 10, 2023 | Sep. 8, 2023 | ||||||
United Kingdom* |
April 21, 2023 | Oct. 20, 2023 | ||||||
Uzbekistan |
June 2, 2023 | Dec. 1, 2023 | ||||||
Zambia |
May 26, 2023 | Nov. 24, 2023 | ||||||
*Unsolicited rating. |
Local And Regional Government Ratings
Table 3
Local And Regional Governments (Sorted By Publication Date) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Rated entity | First publication date | Second publication date | Third publication date | |||||||
Sicily (Region of) |
Italy | Jan. 20, 2023 | July 21, 2023 | |||||||
Barcelona (City of) |
Spain | Jan. 27, 2023 | July 28, 2023 | |||||||
Hauts-de-Seine (Department of) |
France | Jan. 27, 2023 | July 28, 2023 | |||||||
Madrid (Autonomous Community of) |
Spain | Jan. 27, 2023 | July 28, 2023 | |||||||
Metropolitan City of Rome |
Italy | Jan. 27, 2023 | July 28, 2023 | |||||||
Styria (State of) |
Austria | Jan. 27, 2023 | July 28, 2023 | |||||||
Plovdiv (City of) |
Bulgaria | Feb. 3, 2023 | Aug. 4, 2023 | |||||||
Baden-Wuerttemberg (State of) |
Germany | Feb. 10, 2023 | March 31, 2023 | Sep. 29, 2023 | ||||||
Boras (City of) |
Sweden | Feb. 10, 2023 | Aug. 11, 2023 | |||||||
Lower Austria (State of)* |
Austria | Feb. 10, 2023 | Aug. 11, 2023 | |||||||
Republika Srpska |
Bosnia and Herzegovina | Feb. 10, 2023 | Aug. 11, 2023 | |||||||
Tyrol (State of) |
Austria | Feb. 10, 2023 | Aug. 11, 2023 | |||||||
Vellinge (Municipality of) |
Sweden | Feb. 10, 2023 | Aug. 11, 2023 | |||||||
Nacka (Municipality of) |
Sweden | Feb. 17, 2023 | Aug. 18, 2023 | |||||||
North Rhine-Westphalia (State of) |
Germany | Feb. 24, 2023 | Aug. 25, 2023 | Dec. 15, 2023 | ||||||
Sofia (City of) |
Bulgaria | Feb. 24, 2023 | Aug. 25, 2023 | |||||||
Bavaria (State of) |
Germany | March 3, 2023 | Sep. 1, 2023 | |||||||
Saxony (State of) |
Germany | March 3, 2023 | Sep. 1, 2023 | |||||||
Taby (Municipality of) |
Sweden | March 3, 2023 | Sep. 1, 2023 | |||||||
Stara Zagora (City of) |
Bulgaria | March 10, 2023 | Sep. 8, 2023 | |||||||
Krakow (City of) |
Poland | March 10, 2023 | Sep. 8, 2023 | |||||||
Goteborg (City of) |
Sweden | March 10, 2023 | Sep. 8, 2023 | |||||||
Vorarlberg (State of) |
Austria | March 17, 2023 | Sep. 15, 2023 | |||||||
Saxony-Anhalt (State of) |
Germany | March 17, 2023 | Sep. 15, 2023 | |||||||
Skopje (Municipality of) |
North Macedonia | March 17, 2023 | Sep. 15, 2023 | |||||||
Lodz (City of) |
Poland | March 17, 2023 | Sep. 15, 2023 | |||||||
Sundsvall (Municipality of) |
Sweden | March 17, 2023 | Sep. 15, 2023 | |||||||
Basque Country (Autonomous Community of the) |
Spain | March 24, 2023 | Sep. 22, 2023 | |||||||
Bizkaia (Historical Territory of) |
Spain | March 24, 2023 | Sep. 22, 2023 | |||||||
Zagreb (City of) |
Croatia | March 24, 2023 | Sep. 22, 2023 | |||||||
Brussels-Capital (Region of) |
Belgium | March 24, 2023 | Sep. 22, 2023 | |||||||
Navarre (Autonomous Community of) |
Spain | March 24, 2023 | Sep. 22, 2023 | |||||||
Lund (Municipality of) |
Sweden | March 24, 2023 | Sep. 22, 2023 | |||||||
St. Gallen (Canton of) |
Switzerland | March 24, 2023 | Sep. 22, 2023 | |||||||
Extremadura (Autonomous Community of) |
Spain | March 31, 2023 | Sep. 29, 2023 | |||||||
Olomouc (City of) |
Czech Republic | March 31, 2023 | Sep. 29, 2023 | |||||||
Orebro (Municipality of) |
Sweden | March 31, 2023 | Sep. 29, 2023 | |||||||
Stockholm (Region of) |
Sweden | March 31, 2023 | Sep. 29, 2023 | |||||||
Vastra Gotaland (Region of) |
Sweden | March 31, 2023 | Sep. 29, 2023 | |||||||
Greater London Authority |
United Kingdom | March 31, 2023 | Sep. 29, 2023 | |||||||
Marseille (City of) |
France | April 7, 2023 | Oct. 6, 2023 | |||||||
Paris (City of) |
France | April 7, 2023 | Oct. 6, 2023 | |||||||
Hesse (State of) |
Germany | April 14, 2023 | Oct. 13, 2023 | |||||||
Jonkoping (Municipality of) |
Sweden | April 14, 2023 | Oct. 13, 2023 | |||||||
Ostersund (Municipality of) |
Sweden | April 14, 2023 | Oct. 13, 2023 | |||||||
Andalusia (Autonomous Community of) |
Spain | April 21, 2023 | Oct. 20, 2023 | |||||||
Brno (City of) |
Czech Republic | April 21, 2023 | Oct. 20, 2023 | |||||||
Burgenland (State of) |
Austria | April 21, 2023 | Oct. 20, 2023 | |||||||
Geneva (City of) |
Switzerland | April 21, 2023 | Oct. 20, 2023 | |||||||
Helsingborg (City of) |
Sweden | April 21, 2023 | Oct. 20, 2023 | |||||||
Riga (City of) |
Latvia | April 21, 2023 | Oct. 20, 2023 | |||||||
Skane (Region of) |
Sweden | April 21, 2023 | Oct. 20, 2023 | |||||||
Zurich (City of) |
Switzerland | April 21, 2023 | Oct. 20, 2023 | |||||||
Aragon (Autonomous Community of) |
Spain | April 28, 2023 | Oct. 27, 2023 | |||||||
Kyiv (City of) |
Ukraine | April 28, 2023 | Oct. 27, 2023 | |||||||
Liguria (Region of) |
Italy | April 28, 2023 | Oct. 27, 2023 | |||||||
Linkoping (Municipality of) |
Sweden | April 28, 2023 | Oct. 27, 2023 | |||||||
Norrtalje (Municipality of) |
Sweden | April 28, 2023 | Oct. 27, 2023 | |||||||
Umbria (Region of) |
Italy | April 28, 2023 | Oct. 27, 2023 | |||||||
Basel-City (Canton of) |
Switzerland | May 5, 2023 | Nov. 3, 2023 | |||||||
Basel-Country (Canton of) |
Switzerland | May 5, 2023 | Nov. 3, 2023 | |||||||
Gironde (Department of) |
France | May 5, 2023 | July 28, 2023 | |||||||
Huddinge (Municipality of) |
Sweden | May 5, 2023 | Nov. 3, 2023 | |||||||
Seine-et-Marne (Department of) |
France | May 5, 2023 | Nov. 3, 2023 | |||||||
Solothurn (Canton of) |
Switzerland | May 5, 2023 | Nov. 3, 2023 | |||||||
Balearic Islands (Autonomous Community of the) |
Spain | May 12, 2023 | Nov. 10, 2023 | |||||||
Campania (Region of) |
Italy | May 12, 2023 | Nov. 10, 2023 | |||||||
Oslo (City of) |
Norway | May 12, 2023 | Nov. 10, 2023 | |||||||
Rome (City of) |
Italy | May 12, 2023 | Nov. 10, 2023 | |||||||
Stavanger (Municipality of) |
Norway | May 12, 2023 | Nov. 10, 2023 | |||||||
Stockholm (City of) |
Sweden | May 12, 2023 | Nov. 10, 2023 | |||||||
Trelleborg (Municipality of) |
Sweden | May 19, 2023 | Nov. 17, 2023 | |||||||
Upper Austria (State of) |
Austria | May 19, 2023 | Nov. 17, 2023 | |||||||
Valencia (Autonomous Community of) |
Spain | May 19, 2023 | Nov. 17, 2023 | |||||||
Zurich (Canton of) |
Switzerland | May 19, 2023 | Nov. 17, 2023 | |||||||
Canary Islands (Autonomous Community of) |
Spain | May 26, 2023 | Nov. 24, 2023 | |||||||
Malmo (City of) |
Sweden | May 26, 2023 | Nov. 24, 2023 | |||||||
Uppsala (City of) |
Sweden | May 26, 2023 | Nov. 24, 2023 | |||||||
Vaud (Canton of) |
Switzerland | May 26, 2023 | Nov. 3, 2023 | |||||||
Lausanne (City of) |
Switzerland | June 2, 2023 | Nov. 3, 2023 | |||||||
Sodertalje (Municipality of) |
Sweden | June 2, 2023 | Dec. 1, 2023 | |||||||
Vasteras (City of) |
Sweden | June 2, 2023 | Dec. 1, 2023 | |||||||
Auvergne-Rhone-Alpes (Region of) |
France | June 9, 2023 | Dec. 8, 2023 | |||||||
Fergana Region |
Uzbekistan | June 9, 2023 | Dec. 8, 2023 | |||||||
Hauts-de-France (Region of) |
France | June 9, 2023 | Dec. 8, 2023 | |||||||
Norrkoping (Municipality of) |
Sweden | June 9, 2023 | Dec. 8, 2023 | |||||||
Pays de La Loire (Region of) |
France | June 9, 2023 | Dec. 8, 2023 | |||||||
Saint-Quentin-en-Yvelines (Intercity of) |
France | June 9, 2023 | Dec. 8, 2023 | |||||||
Yvelines (Department of) |
France | June 9, 2023 | Dec. 8, 2023 | |||||||
Aargau (Canton of) |
Switzerland | June 16, 2023 | Dec. 15, 2023 | |||||||
Galicia (Autonomous Community of) |
Spain | June 16, 2023 | Dec. 15, 2023 | |||||||
Geneva (Republic and Canton of) |
Switzerland | June 16, 2023 | Dec. 15, 2023 | |||||||
*Unsolicited rating. |
Table 4
Local And Regional Governments (Sorted Alphabetically By Country And Then By Entity) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Rated entity | Country | First publication date | Second publication date | Third publication date | ||||||
Burgenland (State of) |
Austria | April 21, 2023 | Oct. 20, 2023 | |||||||
Lower Austria (State of)* |
Austria | Feb. 10, 2023 | Aug. 11, 2023 | |||||||
Styria (State of) |
Austria | Jan. 27, 2023 | July 28, 2023 | |||||||
Tyrol (State of) |
Austria | Feb. 10, 2023 | Aug. 11, 2023 | |||||||
Upper Austria (State of) |
Austria | May 19, 2023 | Nov. 17, 2023 | |||||||
Vorarlberg (State of) |
Austria | March 17, 2023 | Sep. 15, 2023 | |||||||
Brussels-Capital (Region of) |
Belgium | March 24, 2023 | Sep. 22, 2023 | |||||||
Republika Srpska |
Bosnia and Herzegovina | Feb. 10, 2023 | Aug. 11, 2023 | |||||||
Plovdiv (City of) |
Bulgaria | Feb. 3, 2023 | Aug. 4, 2023 | |||||||
Sofia (City of) |
Bulgaria | Feb. 24, 2023 | Aug. 25, 2023 | |||||||
Stara Zagora (City of) |
Bulgaria | March 10, 2023 | Sep. 8, 2023 | |||||||
Zagreb (City of) |
Croatia | March 24, 2023 | Sep. 22, 2023 | |||||||
Brno (City of) |
Czech Republic | April 21, 2023 | Oct. 20, 2023 | |||||||
Olomouc (City of) |
Czech Republic | March 31, 2023 | Sep. 29, 2023 | |||||||
Auvergne-Rhone-Alpes (Region of) |
France | June 9, 2023 | Dec. 8, 2023 | |||||||
Gironde (Department of) |
France | May 5, 2023 | July 28, 2023 | |||||||
Hauts-de-France (Region of) |
France | June 9, 2023 | Dec. 8, 2023 | |||||||
Hauts-de-Seine (Department of) |
France | Jan. 27, 2023 | July 28, 2023 | |||||||
Marseille (City of) |
France | April 7, 2023 | Oct. 6, 2023 | |||||||
Paris (City of) |
France | April 7, 2023 | Oct. 6, 2023 | |||||||
Pays de La Loire (Region of) |
France | June 9, 2023 | Dec. 8, 2023 | |||||||
Saint-Quentin-en-Yvelines (Intercity of) |
France | June 9, 2023 | Dec. 8, 2023 | |||||||
Seine-et-Marne (Department of) |
France | May 5, 2023 | Nov. 3, 2023 | |||||||
Yvelines (Department of) |
France | June 9, 2023 | Dec. 8, 2023 | |||||||
Baden-Wuerttemberg (State of) |
Germany | Feb. 10, 2023 | March 31, 2023 | Sep. 29, 2023 | ||||||
Bavaria (State of) |
Germany | March 3, 2023 | Sep. 1, 2023 | |||||||
Hesse (State of) |
Germany | April 14, 2023 | Oct. 13, 2023 | |||||||
North Rhine-Westphalia (State of) |
Germany | Feb. 24, 2023 | Aug. 25, 2023 | Dec. 15, 2023 | ||||||
Saxony (State of) |
Germany | March 3, 2023 | Sep. 1, 2023 | |||||||
Saxony-Anhalt (State of) |
Germany | March 17, 2023 | Sep. 15, 2023 | |||||||
Campania (Region of) |
Italy | May 12, 2023 | Nov. 10, 2023 | |||||||
Liguria (Region of) |
Italy | April 28, 2023 | Oct. 27, 2023 | |||||||
Metropolitan City of Rome |
Italy | Jan 27, 2023 | July 28, 2023 | |||||||
Rome (City of) |
Italy | May 12, 2023 | Nov. 10, 2023 | |||||||
Sicily (Region of) |
Italy | Jan. 20, 2023 | July 21, 2023 | |||||||
Umbria (Region of) |
Italy | April 28, 2023 | Oct. 27, 2023 | |||||||
Riga (City of) |
Latvia | April 21, 2023 | Oct. 20, 2023 | |||||||
Skopje (Municipality of) |
North Macedonia | March 17, 2023 | Sep. 15, 2023 | |||||||
Oslo (City of) |
Norway | May 12, 2023 | Nov. 10, 2023 | |||||||
Stavanger (Municipality of) |
Norway | May 12, 2023 | Nov. 10, 2023 | |||||||
Krakow (City of) |
Poland | March 10, 2023 | Sep. 8, 2023 | |||||||
Lodz (City of) |
Poland | March 17, 2023 | Sep. 15, 2023 | |||||||
Andalusia (Autonomous Community of) |
Spain | April 21, 2023 | Oct. 20, 2023 | |||||||
Aragon (Autonomous Community of) |
Spain | April 28, 2023 | Oct. 27, 2023 | |||||||
Balearic Islands (Autonomous Community of the) |
Spain | May 12, 2023 | Nov. 10, 2023 | |||||||
Barcelona (City of) |
Spain | Jan. 27, 2023 | July 28, 2023 | |||||||
Basque Country (Autonomous Community of the) |
Spain | March 24, 2023 | Sep. 22, 2023 | |||||||
Bizkaia (Historical Territory of) |
Spain | March 24, 2023 | Sep. 22, 2023 | |||||||
Canary Islands (Autonomous Community of) |
Spain | May 26, 2023 | Nov. 24, 2023 | |||||||
Extremadura (Autonomous Community of) |
Spain | March 31, 2023 | Sep. 29, 2023 | |||||||
Galicia (Autonomous Community of) |
Spain | June 16, 2023 | Dec. 15, 2023 | |||||||
Madrid (Autonomous Community of) |
Spain | January 27, 2023 | July 28, 2023 | |||||||
Navarre (Autonomous Community of) |
Spain | March 24, 2023 | Sep. 22, 2023 | |||||||
Valencia (Autonomous Community of) |
Spain | May 19, 2023 | Nov. 17, 2023 | |||||||
Boras (City of) |
Sweden | Feb. 10, 2023 | Aug. 11, 2023 | |||||||
Goteborg (City of) |
Sweden | March 10, 2023 | Sep. 8, 2023 | |||||||
Helsingborg (City of) |
Sweden | April 21, 2023 | Oct. 20, 2023 | |||||||
Huddinge (Municipality of) |
Sweden | May 5, 2023 | Nov. 3, 2023 | |||||||
Jonkoping (Municipality of) |
Sweden | April 14, 2023 | Oct. 13, 2023 | |||||||
Linkoping (Municipality of) |
Sweden | April 28, 2023 | Oct. 27, 2023 | |||||||
Lund (Municipality of) |
Sweden | March 24, 2023 | Sep. 22, 2023 | |||||||
Malmo (City of) |
Sweden | May 26, 2023 | Nov. 24, 2023 | |||||||
Nacka (Municipality of) |
Sweden | Feb. 17, 2023 | Aug. 18, 2023 | |||||||
Norrkoping (Municipality of) |
Sweden | June 9, 2023 | Dec. 8, 2023 | |||||||
Norrtalje (Municipality of) |
Sweden | April 28, 2023 | Oct. 27, 2023 | |||||||
Orebro (Municipality of) |
Sweden | March 31, 2023 | Sep. 29, 2023 | |||||||
Ostersund (Municipality of) |
Sweden | April 14, 2023 | Oct. 13, 2023 | |||||||
Skane (Region of) |
Sweden | April 21, 2023 | Oct. 20, 2023 | |||||||
Sodertalje (Municipality of) |
Sweden | June 2, 2023 | Dec. 1, 2023 | |||||||
Stockholm (City of) |
Sweden | May 12, 2023 | Nov. 10, 2023 | |||||||
Stockholm (Region of) |
Sweden | March 31, 2023 | Sep. 29, 2023 | |||||||
Sundsvall (Municipality of) |
Sweden | March 17, 2023 | Sep. 15, 2023 | |||||||
Taby (Municipality of) |
Sweden | March 3, 2023 | Sep. 1, 2023 | |||||||
Trelleborg (Municipality of) |
Sweden | May 19, 2023 | Nov. 17, 2023 | |||||||
Uppsala (City of) |
Sweden | May 26, 2023 | Nov. 24, 2023 | |||||||
Vasteras (City of) |
Sweden | June 2, 2023 | Dec. 1, 2023 | |||||||
Vastra Gotaland (Region of) |
Sweden | March 31, 2023 | Sep. 29, 2023 | |||||||
Vellinge (Municipality of) |
Sweden | Feb. 10, 2023 | Aug. 11, 2023 | |||||||
Aargau (Canton of) |
Switzerland | June 16, 2023 | Dec. 15, 2023 | |||||||
Basel-City (Canton of) |
Switzerland | May 5, 2023 | Nov. 3, 2023 | |||||||
Basel-Country (Canton of) |
Switzerland | May 5, 2023 | Nov. 3, 2023 | |||||||
Geneva (City of) |
Switzerland | April 21, 2023 | Oct. 20, 2023 | |||||||
Geneva (Republic and Canton of) |
Switzerland | June 16, 2023 | Dec. 15, 2023 | |||||||
Lausanne (City of) |
Switzerland | June 2, 2023 | Nov. 3, 2023 | |||||||
Solothurn (Canton of) |
Switzerland | May 5, 2023 | Nov. 3, 2023 | |||||||
St. Gallen (Canton of) |
Switzerland | March 24, 2023 | Sep. 22, 2023 | |||||||
Vaud (Canton of) |
Switzerland | May 26, 2023 | Nov. 3, 2023 | |||||||
Zurich (Canton of) |
Switzerland | May 19, 2023 | Nov. 17, 2023 | |||||||
Zurich (City of) |
Switzerland | April 21, 2023 | Oct. 20, 2023 | |||||||
Kyiv (City of) |
Ukraine | April 28, 2023 | Oct. 27, 2023 | |||||||
Greater London Authority |
United Kingdom | March 31, 2023 | Sep. 29, 2023 | |||||||
Fergana Region |
Uzbekistan | June 9, 2023 | Dec. 8, 2023 | |||||||
*Unsolicited rating. |
Sovereign, Regional, And Local Government New Ratings, Withdrawals, Suspensions, And Deviations
Table 5
Sovereign, Regional, And Local Government New Ratings, Withdrawals, And Suspensions: Jan. 1 To Dec. 21, 2022 | ||
---|---|---|
Entity | Rating action | Date |
Withdrawals | ||
Lyon (City of) | Withdrawal (at issuer request) | Sep. 16, 2022 |
City of Prague | Withdrawal (at issuer request) | May 13, 2022 |
Essonne (Department of) | Withdrawal (at issuer request) | April 18, 2022 |
Russia | Withdrawal (following the EU's decision to ban the provision of credit ratings to legal persons, entities, or bodies established in Russia) | April 09, 2022 |
Krasnoyarsk Krai | Withdrawal (following the EU's decision to ban the provision of credit ratings to legal persons, entities, or bodies established in Russia) | March 30, 2022 |
Leningrad Oblast | Withdrawal (following the EU's decision to ban the provision of credit ratings to legal persons, entities, or bodies established in Russia) | March 30, 2022 |
Moscow (City of) | Withdrawal (following the EU's decision to ban the provision of credit ratings to legal persons, entities, or bodies established in Russia) | March 30, 2022 |
Samara Oblast | Withdrawal (following the EU's decision to ban the provision of credit ratings to legal persons, entities, or bodies established in Russia) | March 30, 2022 |
Yamal-Nenets Autonomous Okrug | Withdrawal (following the EU's decision to ban the provision of credit ratings to legal persons, entities, or bodies established in Russia) | March 30, 2022 |
New ratings | ||
Metropolitan City of Rome |
New rating | July 29, 2022 |
Fergana Region |
New rating | June 03, 2022 |
Trelleborg (Municipality of) |
New rating | June 03, 2022 |
Madagascar |
New rating | April 11, 2022 |
Table 6
Sovereign, Regional, And Local Government Rating Deviations: Jan. 1 To Dec. 21, 2022 | ||
---|---|---|
Rated entity | Rating action date | Rationale |
Ghana |
Dec. 20 2022 | Research Update: Ghana Foreign Currency Ratings Lowered To 'SD' On Suspension Of Commercial Principal And Interest Payments |
Hauts-de-Seine (Department of) |
Dec. 9 2022 | Research Update: Department of Hauts-de-Seine Outlook Revised To Negative Following A Similar Action On France; 'AA/A-1+'Ratings Affirmed |
Paris (City of) |
Dec. 9 2022 | Research Update: City of Paris Outlook Revised To Negative Following A Similar Action On France; 'AA/A-1+'Ratings Affirmed |
Seine-et-Marne (Department of) |
Dec. 9 2022 | Research Update: Department of Seine-et-Marne Outlook Revised To Negative Following Similar Action On France; 'AA/A-1+' Ratings Affirmed |
Latvia |
Dec. 6 2022 | Research Update: Latvia Outlook Revised To Negative From Stable On War Spillover Risks; 'A+/A-1' Ratings Affirmed |
Estonia |
Dec. 6 2022 | Research Update: Estonia Outlook Revised To Negative From Stable On Spillover Risks From The War; 'AA-/A-1+' Ratings Affirmed |
Ghana |
Dec. 6 2022 | Research Update: Ghana LC Rating Lowered To 'SD' On Domestic Distressed Exchange; FC Lowered To 'CC' With A Negative Outlook |
Oman |
Nov. 25 2022 | Research Update: Oman Upgraded To 'BB' From 'BB-' On Stronger External And Fiscal Performance; Outlook Stable |
Greater London Authority |
Oct. 7 2022 | Research Update: Greater London Authority Outlook Revised To Negative After Similar Action On The U.K.; 'AA/A-1+' Ratings Affirmed |
United Kingdom |
Sep. 30 2022 | Research Update: United Kingdom Outlook Revised To Negative On Rising Fiscal Risks; 'AA/A-1+' Ratings Affirmed |
Kyiv (City of) |
Sep. 1 2022 | Research Update: City of Kyiv Outlook Revised To Stable From Negative, 'CCC+' Ratings Affirmed |
Ukraine |
Aug. 19 2022 | Research Update: Ukraine Foreign Currency Ratings Raised To 'CCC+' From 'SD' On Completed Debt Restructuring; Outlook Stable |
Ukraine |
Aug. 12 2022 | Research Update: Ukraine FC Rating Lowered To 'SD' On Approved Debt Restructuring; LC Rating Lowered To 'CCC+' With Negative Outlook |
Belarus |
Aug. 3 2022 | Research Update: Belarus Foreign Currency Ratings Lowered To 'SD/SD' On Ruble Payment Of Coupon On Dollar-Denominated Eurobond |
Kyiv (City of) |
Aug. 2 2022 | Research Update: City of Kyiv Rating Affirmed At 'CCC+' Despite Ukraine Downgrade To 'CC'; Outlook Remains Negative |
Ukraine |
July 29 2022 | Research Update: Ukraine FC Rating Lowered To 'CC' On Proposed Debt Restructuring; 'B-/B' LC Ratings Affirmed; Outlook Negative |
Liguria (Region of) |
July 29 2022 | Research Update: Region of Liguria Outlook Revised To Stable From Positive Following Similar Action On Italy; 'BBB' Rating Affirmed |
Umbria (Region of) |
July 29 2022 | Research Update: Italian Region of Umbria Outlook Revised To Stable From Positive Following Similar Sovereign Action; Affirmed At 'BBB' |
Italy |
July 26 2022 | Research Update: Italy Outlook Revised To Stable From Positive On Risks To Reforms; Ratings Affirmed |
Belarus |
July 15 2022 | Research Update: Belarus 'CC/C' Foreign Currency Ratings Remain On CreditWatch Negative |
Croatia |
July 14 2022 | Research Update: Croatia Upgraded To 'BBB+/A-2' On Confirmation Of Euro Adoption; Outlook Stable |
Kyiv (City of) |
May 31 2022 | Research Update: City of Kyiv Rating Lowered To 'CCC+' On Similar Action On Ukraine; Outlook Negative |
Ukraine |
May 27 2022 | Research Update: Ukraine Foreign Currency Ratings Lowered To 'CCC+/C' On Larger Fallout From Russia's Military Attack; Outlook Negative |
Belarus |
May 5 2022 | Research Update: Belarus Foreign Currency Long-Term Ratings Lowered To 'CC' On High Vulnerability To Debt Nonpayment; Kept On Watch Neg |
Bahrain |
April 12 2022 | Research Update: Bahrain 'B+/B' Ratings Affirmed; Outlook Stable; Upward revision of our internal oil price assumptions and stronger-than-forecasted year-end external performance |
Kuwait |
April 7 2022 | Research Update: Kuwait Ratings Affirmed At 'A+'; Outlook Remains Negative; Upward revision of our internal oil price assumptions |
Kazakhstan |
April 1 2022 | Research Update: Kazakhstan 'BBB-/A-3' Ratings Affirmed; Outlook Stable; Disruption of oil exports through the Caspian Pipeline Consortium pipeline |
Estonia |
March 31 2022 | Research Update: Estonia Outlook Revised To Stable From Positive On Reduced Economic Upside; 'AA-/A-1+' Ratings Affirmed |
Galicia (Autonomous Community of) |
March 25 2022 | Research Update: Autonomous Community of Galicia Outlook Revised To Stable After Same Action On Spain; 'A/A-1' Ratings Affirmed |
Canary Islands (Autonomous Community of) |
March 25 2022 | Research Update: Canary Islands Autonomous Community Outlook Revised To Stable From Negative After Same Action On Spain; Affirmed At 'A' |
Barcelona (City of) |
March 25 2022 | Research Update: Spanish City of Barcelona Outlook Revised To Stable From Negative After Same Action On Spain; 'A' Rating Affirmed |
Russia |
March 17 2022 | Research Update: Russia Foreign And Local Currency Ratings Lowered To 'CC' On High Vulnerability To Debt Nonpayment, Still On Watch Neg |
Yamal-Nenets Autonomous Okrug | March 7 2022 | Research Update: Yamal-Nenets Autonomous Okrug Long-Term Ratings Lowered To 'CCC-' From 'BBB-' And Placed On CreditWatch Negative |
Moscow (City of) | March 7 2022 | Research Update: City Of Moscow Long-Term Ratings Lowered To 'CCC-' From 'BBB-' And Placed On CreditWatch Negative |
Leningrad Oblast | March 7 2022 | Research Update: Leningrad Oblast Long-Term Ratings Lowered To 'CCC-' From 'BB+' And Placed On CreditWatch Negative |
Samara Oblast | March 7 2022 | Research Update: Samara Oblast Long-Term Ratings Lowered To 'CCC-' From 'BB+' And Placed On CreditWatch Negative |
Krasnoyarsk Krai | March 7 2022 | Research Update: Krasnoyarsk Krai Long-Term Ratings Lowered To 'CCC-' From 'BB' And Placed On CreditWatch Negative |
Belarus |
March 5 2022 | Research Update: Belarus Ratings Lowered To 'CCC' And Placed On CreditWatch Negative On Mounting Risks Related To Russia-Ukraine Conflict |
Russia |
March 3 2022 | Research Update: Russia Ratings Lowered To 'CCC-' And Kept On CreditWatch Negative On Increasing Risk Of Default |
Kyiv (City of) |
March 1 2022 | Research Update: City of Kyiv Rating Lowered To 'B-' And Placed On CreditWatch Negative After Similar Rating Action On Ukraine |
Russia |
Feb. 26 2022 | Research Update: Russia Foreign Currency Rating Lowered To 'BB+' And Put On CreditWatch Negative On Risks Related To Invasion Of Ukraine |
Ukraine |
Feb. 26 2022 | Research Update: Ukraine Long-Term Ratings Lowered To 'B-', Placed On CreditWatch Negative On Fallout From Russia's Military Attack |
Burkina Faso |
Jan. 26 2022 | Research Update: Burkina Faso Ratings Lowered To ‘CCC+/C’ And Put On CreditWatch Developing Following Military Coup |
Primary Credit Analysts: | Guy Deslondes, Madrid + 34914233179; guy.deslondes@spglobal.com |
Christian Esters, CFA, Frankfurt + 49 693 399 9262; christian.esters@spglobal.com | |
Eileen X Zhang, CFA, London + 44 20 7176 7105; eileen.zhang@spglobal.com | |
Dhruv Roy, Dubai + 971(0)56 413 3480; dhruv.roy@spglobal.com | |
Marko Mrsnik, Madrid +34-91-389-6953; marko.mrsnik@spglobal.com | |
Additional Contact: | Sovereign and IPF EMEA; SOVIPF@spglobal.com |
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