Middle East Economic Survey

VOL. LIV

No 4

24-Jan-2011

tunisia

Moodys Downgrades Tunisia Bond Rating To Baa3, Negative Outlook

Moodys Investors Service downgraded to Baa3 from Baa2 the local and foreign currency government bond ratings of the Tunisian government and changed the outlook to negative from stable on 19 January. Moodys has also downgraded the governments foreign currency bond ceiling to Baa1 from A3, the foreign currency deposit ceiling to Baa3 from Baa2 and the short-term rating...