VOL. XLVI

No 33

18-August-2003

SAUDI ARABIA

RATINGS

Moodys Report Analyzes Factors Underlying Saudi Arabias Credit Ratings

Ratings agency Moodys, in a report published in July, has underlined the factors which influence its credit rating for Saudi Arabia, and which led it to upgrade them on 16 June (MEES, 23 June). The agency confers a foreign currency issuer rating on the kingdom of Baa2, while the domestic currency government bond rating is set at Ba1. Moodys competitor Standard & Poors...