Moody's announces changes in country ceilings following methodology update - Moody's Global Credit Research

Moody's announces changes in country ceilings following methodology update

Moody's announces changes in country ceilings following methodology update - Moody's Global Credit Research
Moody's announces changes in country ceilings following methodology update
Published Dec 07, 2020
Published Dec 07, 2020
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Abu Dhabi, Government of , Albania, Government of , Angola, Government of , Argentina, Government of , Armenia, Government of , Australia, Government of , Austria, Government of , Azerbaijan, Government of , Bahamas - Off Shore Banking Center , Bahamas, Government of , Bahrain - Off Shore Banking Center , Bahrain, Government of , Bangladesh, Government of , Barbados, Government of , Belarus, Government of , Belgium, Government of , Belize, Government of , Bermuda, Government of , Bolivia, Government of , Guernsey
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Government of Abu Dhabi Aa2 stable: Regular update - Credit Opinion – 2021/10/20 – US$ 250.00 – ...Abu Dhabi's credit profile is supported by the government's strong balance sheet and net creditor position, with sovereign wealth assets far exceeding total liabilities in the wider public sector, as well as its very high income levels and vast hydrocarbon endowment. These strengths are balanced against the very significant reliance of the economy and government finances on hydrocarbons and regional geopolitical tensions....

Government of Abu Dhabi - Aa2 stable: Annual credit analysis - Issuer In-Depth – 2021/05/25 – US$ 750.00 – ...The credit profile of Abu Dhabi reflects the strength of the government's balance sheet. We estimate that total government debt is equivalent to 5% of the total value of the Abu Dhabi Investment Authority's (ADIA) gross assets under management. A very high per capita income, vast hydrocarbon reserves and superior infrastructure also support creditworthiness. In addition, domestic politics are stable and the United Arab Emirates (UAE, Aa2 stable) has good relations with the international community. Abu Dhabi's main credit challenges lie in a lack of institutional data transparency, particularly the absence of public figures on prospective budgets and on the composition of offshore assets managed by ADIA. Regional geopolitical tensions present event risks, and the emirate's dependence on hydrocarbons is also a significant vulnerability. That said, the investment returns from ADIA provide an additional source of stable revenue for Abu Dhabi. The stable outlook reflects our expectation that...

Government of Abu Dhabi Aa2 stable: Update following rating affirmation, outlook unchanged - Credit Opinion – 2021/05/05 – US$ 250.00 – ...Abu Dhabi's credit profile is supported the government's strong balance sheet, with estimated assets under management at the Abu Dhabi Investment Authority far exceeding total liabilities in the wider public sector. The rating is constrained by the government's high reliance on hydrocarbons revenues, limited transparency over the size and composition of financial assets, and the absence of timely, public fiscal data....

Moody's affirms Abu Dhabi's Aa2 ratings; maintains stable outlook - Rating Action – 2021/05/04 – US$ 180.00 – use of or inability to use any such information. NO WARRANTY, EXPRESS OR IMPLIED, AS TO THE ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY CREDIT RATING, ASSESSMENT, OTHER OPINION OR...

Government of Abu Dhabi Aa2 stable: Update following assignment of ESG credit impact scores - Credit Opinion – 2021/02/15 – US$ 250.00 – ...Abu Dhabi's (Aa2 stable) credit profile is supported the government's strong balance sheet, with estimated assets under management at the Abu Dhabi Investment Authority far exceeding total liabilities in the wider public sector. The rating is constrained by the government's high reliance on hydrocarbons revenues, limited transparency over the size and composition of financial assets, and the absence of timely, public fiscal data....

Government of Abu Dhabi Aa2 stable: Regular update - Credit Opinion – 2020/09/29 – US$ 250.00 – ...Abu Dhabi's credit profile is supported the government's strong balance sheet, with estimated assets under management at the Abu Dhabi Investment Authority far exceeding total liabilities in the wider public sector. The rating is constrained by the government's high reliance on hydrocarbons revenues, limited transparency over the size and composition of financial assets, and the absence of timely, public fiscal data....

Government of Abu Dhabi Aa2 Stable: Annual credit analysis - Issuer In-Depth – 2020/05/10 – US$ 750.00 – ...The credit profile of Abu Dhabi reflects the strength of the government's balance sheet. We estimate that total government debt is equivalent to 5% of the total value of the Abu Dhabi Investment Authority's (ADIA) gross assets under management. A very high per capita income, vast hydrocarbon reserves and superior infrastructure also support creditworthiness. In addition, domestic politics are stable and the United Arab Emirates (UAE, Aa2 stable) has good relations with the international community. Abu Dhabi's main credit challenges lie in a lack of institutional data transparency, particularly the absence of public figures on prospective budgets and on the composition of offshore assets managed by ADIA. Regional geopolitical tensions present event risks, and the emirate's dependence on hydrocarbons is also a significant vulnerability. That said, the investment returns from ADIA provide an additional source of stable revenue for Abu Dhabi. The stable outlook indicates that the rating is...

Government of Abu Dhabi Aa2 stable: Update following forecast change - Credit Opinion – 2020/04/18 – US$ 250.00 – ...Abu Dhabi's (Aa2 stable) credit profile is supported by its strong balance sheet, with sovereign wealth fund assets far exceeding total government liabilities, which mitigate the vulnerability of government revenue to temporary declines in oil prices, such as the one caused by the coronavirus pandemic. The rating is constrained by the government's reliance on hydrocarbons revenues, and the absence of timely and transparent fiscal data....

Government of Abu Dhabi Aa2 stable: Regular update - Credit Opinion – 2020/04/01 – US$ 250.00 – ...Abu Dhabi's (Aa2 stable) credit profile is supported the government's strong balance sheet, with estimated assets under management at the Abu Dhabi Investment Authority far exceeding total liabilities in the wider public sector. The rating is constrained by the government's high reliance on hydrocarbons revenues, limited transparency over the size and composition of financial assets, and the absence of timely, public fiscal data....

Moody's assigns Aa2 rating to Abu Dhabi's $10 billion three tranche bond - Rating Action – 2019/10/01 – US$ 180.00 – ...MOODY'S CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS OR MOODY'S PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT COULD RESULT IN THEM BEING CONSIDERED A BENCHMARK. All information contained...

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Moody's Global Credit Research—Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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MLA:
Moody's Global Credit Research. "Moody's announces changes in country ceilings following methodology update" Dec 07, 2020. Alacra Store. Jan 28, 2022. <http://www.alacrastore.com/moodys-credit-research/Moody-s-announces-changes-in-country-ceilings-following-methodology-update-PR_436193>
  
APA:
Moody's Global Credit Research. (). Moody's announces changes in country ceilings following methodology update Dec 07, 2020. New York, NY: Alacra Store. Retrieved Jan 28, 2022 from <http://www.alacrastore.com/moodys-credit-research/Moody-s-announces-changes-in-country-ceilings-following-methodology-update-PR_436193>
  
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