Sovereign Credit Ratings

Need

• Obtaining Funds: Sovereign credit ratings are critical for countries seeking funding from the international bond market. At the request of the government, a credit rating firm will assess a country's economic and political situation and provide a rating ranging from AAA to D.
• Check for Defaults: A poor sovereign credit rating indicates that a country is at risk of default and may have had trouble repaying its debts. The level of sovereign credit risk is determined by a variety of factors, such as a country's debt service ratio, import ratio, domestic money supply growth, and so on.
• Transparency: By allowing ....