VOL. XLV

No 20

20-May-2002

QATAR

S&P Raises Qatars Long-term Foreign CurrencyRating To A-

On 13 May S&Pupgraded Qatarslong-term foreign currency issuer credit and senior unsecured debt ratings fromBBB+ to A- with a positive outlook. Qatarslong-term local currency issuer credit rating was also upgraded from A- to A.Short-term foreign and local currency issuer credit ratings were raised to A-1from A-2.The move was widelyanticipated, according to JP Morgan, and will put pressure on Moodys to...