VOL. XXXIX
No. 13/14
25-December-1995/1 January 1996
KUWAIT
IBCA Gives Kuwaiti Debt 'A' Rating
The Anglo-French ratings agency IBCA has given its first rating to a Gulf country's sovereign debt. Kuwaiti debt has been given a single 'A' rating. IBCA is basing its assessment on macroeconomic fundamentals, the extent of Kuwait's oil reserves and the recovery of the economy since the expulsion of the Iraqi army. The agency expects total Kuwaiti private and public sector overseas debt to...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!