VOL. XLIII
No. 09
28-February-2000
BAHRAIN
Fitch IBCA Assigns Investment Grade Rating Of BBB- To Bahrain...
International ratings agency Fitch IBCA announced on 16 February that it had assigned an investment grade rating of BBB- to Bahrain, applicable for all sovereign issues denominated in foreign currency. Local currency issues will benefit from a sovereign rating of BBB+. However, the agency said in a statement that the country ceiling rating for foreign currency issues would be BBB+. In a...
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