VOL. XLV

No 29

22-July-2002

BAHRAIN

S&P Assigns Bahrain InvestmentGrade Sovereign Ratings

On15 July international ratings agency Standard & Poors (S&P) assignedthe Kingdom of Bahrain a long-term foreign currency rating of A-, and along-term local currency rating of A. S&P also assigned the kingdomshort-term foreign and local currency ratings of A-2 and A-1 respectively. Theoutlook is stable. According to Ala' al-Yusuf, Directorat S&P, The ratings on the Kingdom of Bahrain...