VOL. XLII

No. 30

26-July-1999

OMAN

Moody痴 Assigns Baa2 Rating To Oman痴 Local Currency Debt

US ratings agency Moody痴 Investor Service announced on 16July that it had assigned a rating of Baa2 to Oman痴 domestic currencylong-term bonds (the same as Oman痴 country ceilings for long-term foreigncurrency bonds and bank deposits). According to Moody痴, the ratings reflectthe country痴 track record on fiscal and monetary policies and the associatedprice stability and moderation of its internal and...