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Moody's Upgrades Cyprus Bonds To BA3

Date: 29.07.2017 / Ekathimerini.com / Comments (0)

Moody’s rating agency announced late on Friday that it has upgraded the government bond ratings of Cyprus to ‘BA3’, while maintaining a positive outlook on the island’s rating as improvements in economic resilience, continuing fiscal outperformance are likely to be sustained, it noted.

Moody’s also stated that Cyprus’s long-term country ceilings have been raised, to reflect continuing improvements in economic resilience and fiscal outperformance.



http://www.ekathimerini.com/220502/article/ekathimerini/business/moodys-upgrades-cyprus-bonds-to-ba3

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