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Calendar Of 2021 EMEA Sovereign, Regional, And Local Government Rating Publication Dates: Midyear Update

This report does not constitute a rating action.

Credit Rating Agency Regulation: Calendar For Jan. 1 To Dec. 31, 2021

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 2021 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, Moscow, 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 states 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). In our update, any new ratings, withdrawals, suspensions, and deviations during the preceding six 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

Andorra

Jan. 15, 2021 Jul. 16, 2021 --

Guernsey

Jan. 15, 2021 Jul. 16, 2021 --

Jersey

Jan. 15, 2021 Jul. 16, 2021 --

Kuwait

Jan. 15, 2021 Jul. 16, 2021 --

Russia

Jan. 15, 2021 Jul. 16, 2021 --

Azerbaijan

Jan. 22, 2021 Jul. 23, 2021 --

Slovakia

Jan. 22, 2021 May. 21, 2021 Nov. 19, 2021

Turkey*

Jan. 22, 2021 May. 28, 2021 Oct. 22, 2021

Albania

Jan. 29, 2021 Jul. 30, 2021 --

Congo (the Democratic Republic of the)

Jan. 29, 2021 Jul. 30, 2021 --

Angola

Feb. 5, 2021 Aug. 6, 2021 --

European Stability Mechanism

Feb. 5, 2021 Aug. 6, 2021 --

Rwanda

Feb. 5, 2021 Aug. 6, 2021 --

Hungary

Feb. 12, 2021 Aug. 13, 2021 --

Latvia

Feb. 12, 2021 Aug. 13, 2021 --

Lithuania

Feb. 12, 2021 Aug. 13, 2021 --

Nigeria

Feb. 12, 2021 Aug. 13, 2021 --

Sweden*

Feb. 12, 2021 Aug. 13, 2021 --

Cape Verde

Feb. 19, 2021 Aug. 20, 2021 --

Estonia

Feb. 19, 2021 Aug. 20, 2021 --

Iraq

Feb. 19, 2021 Aug. 20, 2021 --

Lebanon

Feb. 19, 2021 Aug. 20, 2021 --

North Macedonia

Feb. 19, 2021 Aug. 20, 2021 --

Switzerland*

Feb. 19, 2021 Aug. 20, 2021 --

Tajikistan

Feb. 19, 2021 Aug. 20, 2021 --

Zambia

Feb. 19, 2021 Aug. 20, 2021 --

Bosnia and Herzegovina

Feb. 26, 2021 Aug. 27, 2021 --

Denmark*

Feb. 26, 2021 Aug. 27, 2021 --

Georgia (Government of)

Feb. 26, 2021 Aug. 27, 2021 --

Congo-Brazzaville

Mar. 5, 2021 Sep. 3, 2021 --

Cyprus

Mar. 5, 2021 Sep. 3, 2021 --

Finland

Mar. 5, 2021 Sep. 3, 2021 --

Kazakhstan

Mar. 5, 2021 Sep. 3, 2021 --

Kenya

Mar. 5, 2021 Sep. 3, 2021 --

Montenegro

Mar. 5, 2021 Sep. 3, 2021 --

Austria

Mar. 12, 2021 Sep. 10, 2021 --

Ghana

Mar. 12, 2021 Sep. 10, 2021 --

Jordan

Mar. 12, 2021 Sep. 10, 2021 --

Luxembourg

Mar. 12, 2021 Sep. 10, 2021 --

Malta

Mar. 12, 2021 Sep. 10, 2021 --

Norway

Mar. 12, 2021 Sep. 10, 2021 --

Portugal*

Mar. 12, 2021 Sep. 10, 2021 --

Ukraine

Mar. 12, 2021 Sep. 10, 2021 --

Belarus

Mar. 19, 2021 Sep. 17, 2021 --

Belgium*

Mar. 19, 2021 Sep. 17, 2021 --

Botswana

Mar. 19, 2021 Sep. 17, 2021 --

Croatia

Mar. 19, 2021 Sep. 17, 2021 --

Spain*

Mar. 19, 2021 Sep. 17, 2021 --

Ethiopia

Mar. 26, 2021 Sep. 24, 2021 --

Germany*

Mar. 26, 2021 Sep. 24, 2021 --

Saudi Arabia*

Mar. 26, 2021 Sep. 24, 2021 --

France*

Apr. 2, 2021 Oct. 1, 2021 --

Morocco

Apr. 2, 2021 Oct. 1, 2021 --

Oman

Apr. 2, 2021 Oct. 1, 2021 --

Poland

Apr. 2, 2021 Oct. 1, 2021 --

St. Helena

Apr. 2, 2021 Oct. 1, 2021 --

Cameroon

Apr. 9, 2021 Oct. 8, 2021 --

Romania

Apr. 16, 2021 Oct. 15, 2021 --

Benin

Apr. 23, 2021 Oct. 22, 2021 --

European Financial Stability Facility

Apr. 23, 2021 Oct. 22, 2021 --

Greece

Apr. 23, 2021 Oct. 22, 2021 --

Italy*

Apr. 23, 2021 Oct. 22, 2021 --

Mozambique

Apr. 23, 2021 Oct. 22, 2021 --

Ras Al Khaimah (Emirate of)

Apr. 23, 2021 Oct. 22, 2021 --

Sharjah (Emirate of)

Apr. 23, 2021 Oct. 22, 2021 --

Togo

Apr. 23, 2021 Oct. 22, 2021 --

United Kingdom*

Apr. 23, 2021 Oct. 22, 2021 --

Czech Republic

Apr. 30, 2021 Oct. 29, 2021 --

Egypt

May 7, 2021 Oct. 22, 2021 --

Qatar

May 7, 2021 Nov. 5, 2021 --

Burkina Faso

May 14, 2021 Nov. 12, 2021 --

Iceland

May 14, 2021 Nov. 12, 2021 --

Israel

May 14, 2021 Nov. 12, 2021 --

Netherlands*

May 14, 2021 Nov. 12, 2021 --

South Africa

May 21, 2021 Nov. 19, 2021 --

Abu Dhabi (Emirate of)

May 28, 2021 Nov. 26, 2021 --

Bahrain

May 28, 2021 Nov. 26, 2021 --

Bulgaria

May 28, 2021 Nov. 26, 2021 --

Ireland

May 28, 2021 Nov. 26, 2021 --

Liechtenstein

May 28, 2021 Nov. 26, 2021 --

Senegal

Jun. 4, 2021 Dec. 3, 2021 --

Uzbekistan

Jun. 4, 2021 Dec. 3, 2021 --

Serbia

Jun. 11, 2021 Dec. 10, 2021 --

Slovenia

Jun. 11, 2021 Dec. 10, 2021 --

Uganda

Jun. 11, 2021 Dec. 10, 2021 --
*Unsolicited rating.

Table 2

Sovereigns (Sorted Alphabetically)
Rated entity First publication date Second publication date Third publication date

Abu Dhabi (Emirate of)

May 28, 2021 Nov. 26, 2021 --

Albania

Jan. 29, 2021 Jul. 30, 2021 --

Andorra

Jan. 15, 2021 Jul. 16, 2021 --

Angola

Feb. 5, 2021 Aug. 6, 2021 --

Austria

Mar. 12, 2021 Sep. 10, 2021 --

Azerbaijan

Jan. 22, 2021 Jul. 23, 2021 --

Bahrain

May 28, 2021 Nov. 26, 2021 --

Belarus

Mar. 19, 2021 Sep. 17, 2021 --

Belgium*

Mar. 19, 2021 Sep. 17, 2021 --

Benin

Apr. 23, 2021 Oct. 22, 2021 --

Bosnia and Herzegovina

Feb. 26, 2021 Aug. 27, 2021 --

Botswana

Mar. 19, 2021 Sep. 17, 2021 --

Bulgaria

May 28, 2021 Nov. 26, 2021 --

Burkina Faso

May 14, 2021 Nov. 12, 2021 --

Cameroon

Apr. 9, 2021 Oct. 8, 2021 --

Cape Verde

Feb. 19, 2021 Aug. 20, 2021 --

Congo (the Democratic Republic of the)

Jan. 29, 2021 Jul. 30, 2021 --

Congo-Brazzaville

Mar. 5, 2021 Sep. 3, 2021 --

Croatia

Mar. 19, 2021 Sep. 17, 2021 --

Cyprus

Mar. 5, 2021 Sep. 3, 2021 --

Czech Republic*

Apr. 30, 2021 Oct. 29, 2021 --

Denmark*

Feb. 26, 2021 Aug. 27, 2021 --

Egypt

May. 7, 2021 Oct. 22, 2021 --

Estonia

Feb. 19, 2021 Aug. 20, 2021 --

Ethiopia

Mar. 26, 2021 Sep. 24, 2021 --

European Financial Stability Facility

Apr. 23, 2021 Oct. 22, 2021 --

European Stability Mechanism

Feb. 5, 2021 Aug. 6, 2021 --

Finland

Mar. 5, 2021 Sep. 3, 2021 --

France*

Apr. 2, 2021 Oct. 1, 2021 --

Georgia (Government of)

Feb. 26, 2021 Aug. 27, 2021 --

Germany*

Mar. 26, 2021 Sep. 24, 2021 --

Ghana

Mar. 12, 2021 Sep. 10, 2021 --

Greece

Apr. 23, 2021 Oct. 22, 2021 --

Guernsey

Jan. 15, 2021 Jul. 16, 2021 --

Hungary

Feb. 12, 2021 Aug. 13, 2021 --

Iceland

May 14, 2021 Nov. 12, 2021 --

Iraq

Feb. 19, 2021 Aug. 20, 2021 --

Ireland

May 28, 2021 Nov. 26, 2021 --

Israel

May 14, 2021 Nov. 12, 2021 --

Italy*

Apr. 23, 2021 Oct. 22, 2021 --

Jersey

Jan. 15, 2021 Jul. 16, 2021 --

Jordan

Mar. 12, 2021 Sep. 10, 2021 --

Kazakhstan

Mar. 5, 2021 Sep. 3, 2021 --

Kenya

Mar. 5, 2021 Sep. 3, 2021 --

Kuwait

Jan. 15, 2021 Jul. 16, 2021 --

Latvia

Feb. 12, 2021 Aug. 13, 2021 --

Lebanon

Feb. 19, 2021 Aug. 20, 2021 --

Liechtenstein

May 28, 2021 Nov. 26, 2021 --

Lithuania

Feb. 12, 2021 Aug. 13, 2021 --

Luxembourg

Mar. 12, 2021 Sep. 10, 2021 --

Malta

Mar. 12, 2021 Sep. 10, 2021 --

Montenegro

Mar. 5, 2021 Sep. 3, 2021 --

Morocco

Apr. 2, 2021 Oct. 1, 2021 --

Mozambique

Apr. 23, 2021 Oct. 22, 2021 --

Netherlands*

May 14, 2021 Nov. 12, 2021 --

Nigeria

Feb. 12, 2021 Aug. 13, 2021 --

North Macedonia

Feb. 19, 2021 Aug. 20, 2021 --

Norway

Mar. 12, 2021 Sep. 10, 2021 --

Oman

Apr. 2, 2021 Oct. 1, 2021 --

Poland

Apr. 2, 2021 Oct. 1, 2021 --

Portugal*

Mar. 12, 2021 Sep. 10, 2021 --

Qatar

May 7, 2021 Nov. 5, 2021 --

Ras Al Khaimah (Emirate of)

Apr. 23, 2021 Oct. 22, 2021 --

Romania

Apr. 16, 2021 Oct. 15, 2021 --

Russia

Jan. 15, 2021 Jul. 16, 2021 --

Rwanda

Feb. 5, 2021 Aug. 6, 2021 --

Saudi Arabia*

Mar. 26, 2021 Sep. 24, 2021 --

Senegal

Jun. 4, 2021 Dec. 3, 2021 --

Serbia

Jun. 11, 2021 Dec. 10, 2021 --

Sharjah (Emirate of)

Apr. 23, 2021 Oct. 22, 2021 --

Slovakia

Jan. 22, 2021 May 21, 2021 Nov. 19, 2021

Slovenia

Jun. 11, 2021 Dec. 10, 2021 --

South Africa

May 21, 2021 Nov. 19, 2021 --

Spain*

Mar. 19, 2021 Sep. 17, 2021 --

St. Helena

Apr. 2, 2021 Oct. 1, 2021 --

Sweden*

Feb. 12, 2021 Aug. 13, 2021 --

Switzerland*

Feb. 19, 2021 Aug. 20, 2021 --

Tajikistan

Feb. 19, 2021 Aug. 20, 2021 --

Togo

Apr. 23, 2021 Oct. 22, 2021 --

Turkey*

Jan. 22, 2021 May 28, 2021 Oct. 22, 2021

Uganda

Jun. 11, 2021 Dec. 10, 2021 --

Ukraine

Mar. 12, 2021 Sep. 10, 2021 --

United Kingdom*

Apr. 23, 2021 Oct. 22, 2021 --

Uzbekistan

Jun. 4, 2021 Dec. 3, 2021 --

Zambia

Feb. 19, 2021 Aug. 20, 2021 --
*Unsolicited rating.

Local And Regional Government Ratings

Table 3

Local And Regional Governments (Sorted By Publication Date)
Rated entity Country First publication date Second publication date Third publication date

Sicily (Region of)

Italy Jan. 22, 2021 Jul. 23, 2021 --

Styria (State of)

Austria Jan. 29, 2021 Jul. 30, 2021 --

Moscow (City of)

Russia Feb. 5, 2021 Aug. 6, 2021 --

Baden-Wuerttemberg (State of)

Germany Feb. 12, 2021 Aug. 13, 2021 --

Boras (City of)

Sweden Feb. 12, 2021 Aug. 13, 2021 --

Lower Austria (State of)*

Austria Feb. 12, 2021 Aug. 13, 2021 --

Tyrol (State of)

Austria Feb. 12, 2021 Aug. 13, 2021 --

Vellinge (Municipality of)

Sweden Feb. 12, 2021 Aug. 13, 2021 --

Plovdiv (City of)

Bulgaria Feb. 19, 2021 Aug. 20, 2021 --

Barcelona (City of)

Spain Feb. 26, 2021 Jul. 23, 2021 --

North Rhine-Westphalia (State of)

Germany Feb. 26, 2021 Aug. 27, 2021 --

Sofia (City of)

Bulgaria Feb. 26, 2021 Aug. 27, 2021 --

Bavaria (State of)

Germany Mar. 5, 2021 Sep. 3, 2021 --

Saxony (State of)

Germany Mar. 5, 2021 Sep. 3, 2021 --

Taby (Municipality of)

Sweden Mar. 5, 2021 Sep. 3, 2021 --

Goteborg (City of)

Sweden Mar. 12, 2021 Sep. 10, 2021 --

Lund (Municipality of)

Sweden Mar. 12, 2021 Sep. 10, 2021 --

Stara Zagora (City of)

Bulgaria Mar. 12, 2021 Sep. 10, 2021 --

Greater London Authority

United Kingdom Mar. 19, 2021 Sep. 17, 2021 --

Krakow (City of)

Poland Mar. 19, 2021 Sep. 17, 2021 --

Lodz (City of)

Poland Mar. 19, 2021 Sep. 17, 2021 --

Saxony-Anhalt (State of)

Germany Mar. 19, 2021 Sep. 17, 2021 --

Sundsvall (Municipality of)

Sweden Mar. 19, 2021 Sep. 17, 2021 --

Uppsala (City of)

Sweden Mar. 19, 2021 Sep. 17, 2021 --

Vorarlberg (State of)

Austria Mar. 19, 2021 Sep. 17, 2021 --

Basque Country (Autonomous Community of the)

Spain Mar. 26, 2021 Sep. 24, 2021 --

Bizkaia (Historical Territory of)

Spain Mar. 26, 2021 Sep. 24, 2021 --

Brussels-Capital (Region of)

Belgium Mar. 26, 2021 Sep. 24, 2021 --

Navarre (Autonomous Community of)

Spain Mar. 26, 2021 Sep. 24, 2021 --

St. Gallen (Canton of)

Switzerland Mar. 26, 2021 Sep. 24, 2021 --

Zagreb (City of)

Croatia Mar. 26, 2021 Sep. 24, 2021 --

Olomouc (City of)

Czech Republic Apr. 2, 2021 Oct. 1, 2021 --

Orebro (Municipality of)

Sweden Apr. 2, 2021 Oct. 1, 2021 --

Samara Oblast

Russia Apr. 2, 2021 Oct. 1, 2021 --

Stockholm (Region of)

Sweden Apr. 2, 2021 Oct. 1, 2021 --

Vastra Gotaland (Region of)

Sweden Apr. 2, 2021 Oct. 1, 2021 --

Lyon (City of)

France Apr. 9, 2021 Oct. 8, 2021 --

Marseille (City of)

France Apr. 9, 2021 Oct. 8, 2021 --

Paris (City of)

France Apr. 9, 2021 Oct. 8, 2021 --

Republika Srpska

Bosnia and Herzegovina Apr. 13, 2021 Aug. 27, 2021 --

Jonkoping (Municipality of)

Sweden Apr. 16, 2021 Oct. 15, 2021 --

Ostersund (Municipality of)

Sweden Apr. 16, 2021 Oct. 15, 2021 --

Skopje (Municipality of)

North Macedonia Apr. 16, 2021 Oct. 15, 2021 --

Andalusia (Autonomous Community of)

Spain Apr. 23, 2021 Oct. 22, 2021 --

Burgenland (State of)

Austria Apr. 23, 2021 Oct. 22, 2021 --

Extremadura (Autonomous Community of)

Spain Apr. 23, 2021 Oct. 22, 2021 --

Geneva (City of)

Switzerland Apr. 23, 2021 Oct. 22, 2021 --

Helsingborg (City of)

Sweden Apr. 23, 2021 Oct. 22, 2021 --

Hesse (State of)

Germany Apr. 23, 2021 Oct. 22, 2021 --

Riga (City of)

Latvia Apr. 23, 2021 Oct. 22, 2021 --

Skane (Region of)

Sweden Apr. 23, 2021 Oct. 22, 2021 --

Zurich (City of)

Switzerland Apr. 23, 2021 Oct. 22, 2021 --

Aragon (Autonomous Community of)

Spain Apr. 30, 2021 Oct. 29, 2021 --

Kyiv (City of)

Ukraine Apr. 30, 2021 Oct. 29, 2021 --

Liguria (Region of)

Italy Apr. 30, 2021 Oct. 29, 2021 --

Linkoping (Municipality of)

Sweden Apr. 30, 2021 Oct. 29, 2021 --

Norrtalje (Municipality of)

Sweden Apr. 30, 2021 Oct. 29, 2021 --

Rome (City of)

Italy Apr. 30, 2021 Oct. 29, 2021 --

Basel-City (Canton of)

Switzerland May 7, 2021 Nov. 5, 2021 --

Basel-Country (Canton of)

Switzerland May 7, 2021 Nov. 5, 2021 --

Gironde (Department of)

France May 7, 2021 Nov. 5, 2021 --

Hauts-de-Seine (Department of)

France May 7, 2021 Nov. 5, 2021 --

Huddinge (Municipality of)

Sweden May 7, 2021 Nov. 5, 2021 --

Madrid (Autonomous Community of)

Spain May 7, 2021 Nov. 5, 2021 --

Seine-et-Marne (Department of)

France May 7, 2021 Nov. 5, 2021 --

Solothurn (Canton of)

Switzerland May 7, 2021 Nov. 5, 2021 --

Balearic Islands (Autonomous Community of the)

Spain May 14, 2021 Nov. 12, 2021 --

Brno (City of)

Czech Republic May 14, 2021 Nov. 12, 2021 --

Campania (Region of)

Italy May 14, 2021 Nov. 12, 2021 --

Oslo (City of)

Norway May 14, 2021 Nov. 12, 2021 --

Stavanger (Municipality of)

Norway May 14, 2021 Nov. 12, 2021 --

Stockholm (City of)

Sweden May 14, 2021 Nov. 12, 2021 --

Umbria (Region of)

Italy May 14, 2021 Nov. 12, 2021 --

Krasnoyarsk Krai

Russia May 21, 2021 Nov. 19, 2021 --

Upper Austria (State of)

Austria May 21, 2021 Nov. 19, 2021 --

Valencia (Autonomous Community of)

Spain May 21, 2021 Nov. 19, 2021 --

Zurich (Canton of)

Switzerland May 21, 2021 Nov. 19, 2021 --

Canary Islands (Autonomous Community of)

Spain May 28, 2021 Nov. 26, 2021 --

Malmo (City of)

Sweden May 28, 2021 Nov. 26, 2021 --

Prague (City of)

Czech Republic May 28, 2021 Nov. 26, 2021 --

Vaud (Canton of)

Switzerland May 28, 2021 Nov. 26, 2021 --

Lausanne (City of)

Switzerland Jun. 4, 2021 Dec. 3, 2021 --

Nacka (Municipality of)

Sweden Jun. 4, 2021 Dec. 3, 2021 --

Sodertalje (Municipality of)

Sweden Jun. 4, 2021 Dec. 3, 2021 --

Vasteras (City of)

Sweden Jun. 4, 2021 Dec. 3, 2021 --

Yamal-Nenets Autonomous Okrug

Russia Jun. 4, 2021 Dec. 3, 2021 --

Auvergne-Rhone-Alpes (Region of)

France Jun. 11, 2021 Dec. 10, 2021 --

Essonne (Department of)

France Jun. 11, 2021 Dec. 10, 2021 --

Hauts-de-France (Region of)

France Jun. 11, 2021 Dec. 10, 2021 --

Norrkoping (Municipality of)

Sweden Jun. 11, 2021 Dec. 10, 2021 --

Pays de La Loire (Region of)

France Jun. 11, 2021 Dec. 10, 2021 --

Saint-Quentin-en-Yvelines (Intercity of)

France Jun. 11, 2021 Dec. 10, 2021 --

Yvelines (Department of)

France Jun. 11, 2021 Dec. 10, 2021 --

Aargau (Canton of)

Switzerland Jun. 18, 2021 Dec. 17, 2021 --

Galicia (Autonomous Community of)

Spain Jun. 18, 2021 Dec. 17, 2021 --

Geneva (Republic and Canton of)

Switzerland Jun. 18, 2021 Dec. 17, 2021 --

Leningrad Oblast

Russia Jun. 18, 2021 Dec. 17, 2021 --
*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 Apr. 23, 2021 Oct. 22, 2021 --

Lower Austria (State of)*

Austria Feb. 12, 2021 Aug. 13, 2021 --

Styria (State of)

Austria Jan. 29, 2021 Jul. 30, 2021 --

Tyrol (State of)

Austria Feb. 12, 2021 Aug. 13, 2021 --

Upper Austria (State of)

Austria May 21, 2021 Nov. 19, 2021 --

Vorarlberg (State of)

Austria Mar. 19, 2021 Sep. 17, 2021 --

Brussels-Capital (Region of)

Belgium Mar. 26, 2021 Sep. 24, 2021 --

Republika Srpska

Bosnia and Herzegovina Apr. 13, 2021 Aug. 27, 2021 --

Plovdiv (City of)

Bulgaria Feb. 19, 2021 Aug. 20, 2021 --

Sofia (City of)

Bulgaria Feb. 26, 2021 Aug. 27, 2021 --

Stara Zagora (City of)

Bulgaria Mar. 12, 2021 Sep. 10, 2021 --

Zagreb (City of)

Croatia Mar. 26, 2021 Sep. 24, 2021 --

Brno (City of)

Czech Republic May 14, 2021 Nov. 12, 2021 --

Olomouc (City of)

Czech Republic Apr. 2, 2021 Oct. 1, 2021 --

Prague (City of)

Czech Republic May 28, 2021 Nov. 26, 2021 --

Auvergne-Rhone-Alpes (Region of)

France Jun. 11, 2021 Dec. 10, 2021 --

Essonne (Department of)

France Jun. 11, 2021 Dec. 10, 2021 --

Gironde (Department of)

France May 7, 2021 Nov. 5, 2021 --

Hauts-de-France (Region of)

France Jun. 11, 2021 Dec. 10, 2021 --

Hauts-de-Seine (Department of)

France May 7, 2021 Nov. 5, 2021 --

Lyon (City of)

France Apr. 9, 2021 Oct. 8, 2021 --

Marseille (City of)

France Apr. 9, 2021 Oct. 8, 2021 --

Paris (City of)

France Apr. 9, 2021 Oct. 8, 2021 --

Pays de La Loire (Region of)

France Jun. 11, 2021 Dec. 10, 2021 --

Saint-Quentin-en-Yvelines (Intercity of)

France Jun. 11, 2021 Dec. 10, 2021 --

Seine-et-Marne (Department of)

France May 7, 2021 Nov. 5, 2021 --

Yvelines (Department of)

France Jun. 11, 2021 Dec. 10, 2021 --

Baden-Wuerttemberg (State of)

Germany Feb. 12, 2021 Aug. 13, 2021 --

Bavaria (State of)

Germany Mar. 5, 2021 Sep. 3, 2021 --

Hesse (State of)

Germany Apr. 23, 2021 Oct. 22, 2021 --

North Rhine-Westphalia (State of)

Germany Feb. 26, 2021 Aug. 27, 2021 --

Saxony (State of)

Germany Mar. 5, 2021 Sep. 3, 2021 --

Saxony-Anhalt (State of)

Germany Mar. 19, 2021 Sep. 17, 2021 --

Campania (Region of)

Italy May 14, 2021 Nov. 12, 2021 --

Liguria (Region of)

Italy Apr. 30, 2021 Oct. 29, 2021 --

Rome (City of)

Italy Apr. 30, 2021 Oct. 29, 2021 --

Sicily (Region of)

Italy Jan. 22, 2021 Jul. 23, 2021 --

Umbria (Region of)

Italy May 14, 2021 Nov. 12, 2021 --

Riga (City of)

Latvia Apr. 23, 2021 Oct. 22, 2021 --

Skopje (Municipality of)

North Macedonia Apr. 16, 2021 Oct. 15, 2021 --

Oslo (City of)

Norway May 14, 2021 Nov. 12, 2021 --

Stavanger (Municipality of)

Norway May 14, 2021 Nov. 12, 2021 --

Krakow (City of)

Poland Mar. 19, 2021 Sep. 17, 2021 --

Lodz (City of)

Poland Mar. 19, 2021 Sep. 17, 2021 --

Krasnoyarsk Krai

Russia May 21, 2021 Nov. 19, 2021 --

Leningrad Oblast

Russia Jun. 18, 2021 Dec. 17, 2021 --

Moscow (City of)

Russia Feb. 5, 2021 Aug. 6, 2021 --

Samara Oblast

Russia Apr. 2, 2021 Oct. 1, 2021 --

Yamal-Nenets Autonomous Okrug

Russia Jun. 4, 2021 Dec. 3, 2021 --

Andalusia (Autonomous Community of)

Spain Apr. 23, 2021 Oct. 22, 2021 --

Aragon (Autonomous Community of)

Spain Apr. 30, 2021 Oct. 29, 2021 --

Balearic Islands (Autonomous Community of the)

Spain May. 14, 2021 Nov. 12, 2021 --

Barcelona (City of)

Spain Feb. 26, 2021 Jul. 23, 2021 --

Basque Country (Autonomous Community of the)

Spain Mar. 26, 2021 Sep. 24, 2021 --

Bizkaia (Historical Territory of)

Spain Mar. 26, 2021 Sep. 24, 2021 --

Canary Islands (Autonomous Community of)

Spain May 28, 2021 Nov. 26, 2021 --

Extremadura (Autonomous Community of)

Spain Apr. 23, 2021 Oct. 22, 2021 --

Galicia (Autonomous Community of)

Spain Jun. 18, 2021 Dec. 17, 2021 --

Madrid (Autonomous Community of)

Spain May. 7, 2021 Nov. 5, 2021 --

Navarre (Autonomous Community of)

Spain Mar. 26, 2021 Sep. 24, 2021 --

Valencia (Autonomous Community of)

Spain May 21, 2021 Nov. 19, 2021 --

Boras (City of)

Sweden Feb. 12, 2021 Aug. 13, 2021 --

Goteborg (City of)

Sweden Mar. 12, 2021 Sep. 10, 2021 --

Helsingborg (City of)

Sweden Apr. 23, 2021 Oct. 22, 2021 --

Huddinge (Municipality of)

Sweden May 7, 2021 Nov. 5, 2021 --

Jonkoping (Municipality of)

Sweden Apr. 16, 2021 Oct. 15, 2021 --

Linkoping (Municipality of)

Sweden Apr. 30, 2021 Oct. 29, 2021 --

Lund (Municipality of)

Sweden Mar. 12, 2021 Sep. 10, 2021 --

Malmo (City of)

Sweden May 28, 2021 Nov. 26, 2021 --

Nacka (Municipality of)

Sweden Jun. 4, 2021 Dec. 3, 2021 --

Norrkoping (Municipality of)

Sweden Jun. 11, 2021 Dec. 10, 2021 --

Norrtalje (Municipality of)

Sweden Apr. 30, 2021 Oct. 29, 2021 --

Orebro (Municipality of)

Sweden Apr. 2, 2021 Oct. 1, 2021 --

Ostersund (Municipality of)

Sweden Apr. 16, 2021 Oct. 15, 2021 --

Skane (Region of)

Sweden Apr. 23, 2021 Oct. 22, 2021 --

Sodertalje (Municipality of)

Sweden Jun. 4, 2021 Dec. 3, 2021 --

Stockholm (City of)

Sweden May 14, 2021 Nov. 12, 2021 --

Stockholm (Region of)

Sweden Apr. 2, 2021 Oct. 1, 2021 --

Sundsvall (Municipality of)

Sweden Mar. 19, 2021 Sep. 17, 2021 --

Taby (Municipality of)

Sweden Mar. 5, 2021 Sep. 3, 2021 --

Uppsala (City of)

Sweden Mar. 19, 2021 Sep. 17, 2021 --

Vasteras (City of)

Sweden Jun. 4, 2021 Dec. 3, 2021 --

Vastra Gotaland (Region of)

Sweden Apr. 2, 2021 Oct. 1, 2021 --

Vellinge (Municipality of)

Sweden Feb. 12, 2021 Aug. 13, 2021 --

Aargau (Canton of)

Switzerland Jun. 18, 2021 Dec. 17, 2021 --

Basel-City (Canton of)

Switzerland May 7, 2021 Nov. 5, 2021 --

Basel-Country (Canton of)

Switzerland May 7, 2021 Nov. 5, 2021 --

Geneva (City of)

Switzerland Apr. 23, 2021 Oct. 22, 2021 --

Geneva (Republic and Canton of)

Switzerland Jun. 18, 2021 Dec. 17, 2021 --

Lausanne (City of)

Switzerland Jun. 4, 2021 Dec. 3, 2021 --

Solothurn (Canton of)

Switzerland May 7, 2021 Nov. 5, 2021 --

St. Gallen (Canton of)

Switzerland Mar. 26, 2021 Sep. 24, 2021 --

Vaud (Canton of)

Switzerland May 28, 2021 Nov. 26, 2021 --

Zurich (Canton of)

Switzerland May 21, 2021 Nov. 19, 2021 --

Zurich (City of)

Switzerland Apr. 23, 2021 Oct. 22, 2021 --

Kyiv (City of)

Ukraine Apr. 30, 2021 Oct. 29, 2021 --

Greater London Authority

United Kingdom Mar. 19, 2021 Sep. 17, 2021 --
*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: Dec. 17, 2020, To June 29, 2021
Entity Rating action Date

Republika Srpska

New rating April 13, 2021
Tomsk Oblast Withdrawal Feb. 12, 2021

Table 6

Sovereign, Regional, And Local Government Rating Deviations: Dec. 17, 2020, To June 29, 2021
Rated entity Rating action date Rationale

Republika Srpska

Apr. 13, 2021 Research Update: Republika Srpska Rated 'B'; Outlook Stable
Tomsk Oblast Feb. 12, 2021 Research Update: Russian Region Of Tomsk Oblast Affirmed At 'BB-' With Stable Outlook; Rating Then Withdrawn At The Issuer's Request

Ethiopia

Feb. 12, 2021 Research Update: Ethiopia Downgraded To 'B-'; Placed On CreditWatch Negative On Potential Debt Restructuring
Primary Credit Analysts:Guy Deslondes, Madrid + 34914233179;
guy.deslondes@spglobal.com
Christian Esters, CFA, Frankfurt (971) 4-372-7169;
christian.esters@spglobal.com
Eileen X Zhang, CFA, London (44) 20-7176-7105;
eileen.zhang@spglobal.com
Dhruv Roy, Dubai (971) 4-372-7169;
dhruv.roy@spglobal.com
Boris Kopeykin, Moscow (7) 495-783-40-62;
boris.kopeykin@spglobal.com
Marko Mrsnik, Madrid +34-91-389-6953;
marko.mrsnik@spglobal.com
Additional Contact:EMEA Sovereign and IPF;
SovereignIPF@spglobal.com

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