S&P Confirms Nicaragua's Debt Rating

Standard & Poor's has maintained the rating of B+ for long-term sovereign debt, arguing that economic growth is stable and the burden of public debt remains moderate.

Thursday, February 22, 2018

From a statement issued by Standard & Poor's:

On Feb. 16, 2018, S&P Global Ratings affirmed its 'B+' long-term local and foreign currency sovereign credit ratings on the Republic of Nicaragua. The outlook on the long-term ratings remains stable. At the same time, we affirmed the 'B' short-term local and foreign currency sovereign credit ratings. In addition, we affirmed our transfer and convertibility (T&C) assessment at 'BB-'.

The outlook is stable, based on our expectation that solid growth prospects and cautious fiscal policies will continue to facilitate low budget deficits and contain the country's external financing needs.

Read full release.

More on this topic

El Salvador: Negative Outlook Rating Kept

July 2014

Fitch Ratings has maintained its BB-rating but noted prevailing structural weaknesses such as low competitiveness, crime, weak human capital and the high cost of energy.

From a press release issued by Fitch Ratings:

Fitch Ratings has affirmed the long-term long-term debt rating in both dollars and local currency at 'BB-'.

S & P Also Rates Honduras as Negative Outlook

March 2013

Standard & Poor's has revised its outlook on the long-term sovereign rating of Honduras, from stable to negative due to the risk of continued deterioration of macroeconomic stability.

From a statement from Standard & Poor's Ratings Services:

Standard & Poor's has revised the outlook to negative for Honduras because of its larger fiscal deficits

Fitch Lowers Rating Outlook for El Salvador

July 2012

Fitch Ratings has downgraded the economic perspective of the rating, making it negative outlook BB.

From the press release by Fitch Ratings:

Fitch Ratings - New York - July 24, 2012: Fitch Ratings affirms its ratings for El Salvador as follows:
- Long-Term Ratings (IDR) in foreign currency and local currency 'BB';

A press release from Fitch Ratings reads:

February 2012

Fitch Affirms Costa Rica’s International Rating as 'BB +', Outlook Stable

Fitch Ratings - New York - February 14th , 2012: Fitch Ratings has affirmed the International Ratings (IDR) and the Country Ceiling of Costa Rica, as detailed below:
- Classification of long-term foreign currency 'BB +';

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