Credit Trends: 2016 Sovereign Ratings Update: Outlook And CreditWatch Resolutions - S&P Global Ratings’ Credit Research

Credit Trends: 2016 Sovereign Ratings Update: Outlook And CreditWatch Resolutions

Credit Trends: 2016 Sovereign Ratings Update: Outlook And CreditWatch Resolutions - S&P Global Ratings’ Credit Research
Credit Trends: 2016 Sovereign Ratings Update: Outlook And CreditWatch Resolutions
Published Apr 18, 2017
13 pages (4736 words) — Published Apr 18, 2017
Price US$ 850.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Fixed Income Research has found that S&P Global Ratings' outlooks and CreditWatch listings on sovereign ratings have been useful indicators of future rating actions. Since S&P Global Ratings began assigning outlooks to its ratings in 1989, it has lowered one sovereign rating with a positive outlook. On the other hand, it has raised 192 out of 269 sovereign ratings with positive outlooks. (The ratings we refer to throughout this article are long-term foreign-currency sovereign credit ratings.) Similarly, S&P Global Ratings has raised only two sovereign ratings with negative outlooks, and it has lowered 236 out of 413 sovereign ratings with negative outlooks. Of the ratings on CreditWatch with negative implications, 88 out of 134 have been lowered. Historically,

  
Brief Excerpt:

...S&P Global Fixed Income Research has found that S&P Global Ratings' outlooks and CreditWatch listings on sovereign ratings have been useful indicators of future rating actions. Since S&P Global Ratings began assigning outlooks to its ratings in 1989, it has lowered one sovereign rating with a positive outlook. On the other hand, it has raised 192 out of 269 sovereign ratings with positive outlooks. (The ratings we refer to throughout this article are long-term foreign-currency sovereign credit ratings.) Similarly, S&P Global Ratings has raised only two sovereign ratings with negative outlooks, and it has lowered 236 out of 413 sovereign ratings with negative outlooks. Of the ratings on CreditWatch with negative implications, 88 out of 134 have been lowered. Historically, S&P Global Ratings lowered ratings that were on CreditWatch negative or that had negative outlooks more quickly than it raised ratings that had positive outlooks. On average, both actions took place within the normal time...

  
Report Type:

Commentary

Sector
Global Issuers, Public Finance, Structured Finance
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Credit Trends: 2016 Sovereign Ratings Update: Outlook And CreditWatch Resolutions" Apr 18, 2017. Alacra Store. Mar 29, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Credit-Trends-2016-Sovereign-Ratings-Update-Outlook-And-CreditWatch-Resolutions-1833703>
  
APA:
S&P Global Ratings’ Credit Research. (). Credit Trends: 2016 Sovereign Ratings Update: Outlook And CreditWatch Resolutions Apr 18, 2017. New York, NY: Alacra Store. Retrieved Mar 29, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Credit-Trends-2016-Sovereign-Ratings-Update-Outlook-And-CreditWatch-Resolutions-1833703>
  
US$ 850.00
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