Credit rating by Standard and Poors and Moodys
31 Mar 2007
1
International comparison of sovereign credit ratings in 1998
Sovereign credit ratings refer to the sovereign ceiling for foreign currency ratings on long-term bonds and notes - as on December 1998 of top 15 debtor countries (as given in Global Development Finance, 1999)
| Country | S&P | S&P | Moody's | Moody's |
| Ratings | Grade | Ratings | Grade | |
| Brazil | BB- | Speculative | B2 | Speculative |
| Mexico | BB | Speculative | Ba2 | Speculative |
| China | BBB+ | Investment | A3 | Investment |
| Korea | BB+ | Speculative | Ba1 | Speculative |
| Indonesia | CCC+ | Speculative | B3 | Speculative |
| Russian Federation | CCC- | Speculative | B3 | Speculative |
| Argentina | BB | Speculative | Ba3 | Speculative |
| India | BB | Speculative | Ba2 | Speculative |
| Thailand | BBB- | Investment | Ba1 | Speculative |
| Turkey | B | Speculative | B1 | Speculative |
| Malaysia | BBB- | Investment | Baa3 | Investment |
| Philippines | BB+ | Speculative | Ba1 | Speculative |
| Poland | BBB- | Investment | Baa3 | Investment |
| Venezuela | B+ | Speculative | B2 | Speculative |
| Colombia | BBB- | Investment | Baa3 | Investment |
Source: Sovereign ratings have been drawn from the web sites of S&P and Moody’s.
