Middle East Economic Survey

VOL. XLVIII

No 42

17-October-2005

OMAN

Omans Rating Raised To Baa1, Says Moodys

Moodys on 6 October upgraded Omans country ceilings for the long-term foreign currency bonds and bank deposits to Baa1 from Baa2. The governments long-term foreign currency and domestic currency issuer ratings were also raised to Baa1 from Baa2. The country ceilings for short-term foreign currency bonds and bank deposits remain unchanged at Prime-2. Omans local currency guideline remains at...