VOL. XLI

No. 10

9-March-1998

MOROCCO

Moody's And S&P Issue Moroccan Sovereign Rating

On 2 March Moody's Investors Service and Standard & Poor's (S&P) issued firsttime (and long-awaited) sovereign ratings on Morocco. Both agencies assessed Morocco'srisk as just below investment grade, with Moody's putting Morocco at Ba1 (BB+), one notchabove S&P's BB. The ratings follow the first-time rating given to Morocco by ThomsonBankWatch last month (MEES, 2 March) and have been issued...