Bermuda Outlook Revised To Stable On Receding Economic, Fiscal, And Banking-Sector Risks; 'AA' Rating Affirmed - S&P Global Ratings’ Credit Research

Bermuda Outlook Revised To Stable On Receding Economic, Fiscal, And Banking-Sector Risks; 'AA' Rating Affirmed

Bermuda Outlook Revised To Stable On Receding Economic, Fiscal, And Banking-Sector Risks; 'AA' Rating Affirmed - S&P Global Ratings’ Credit Research
Bermuda Outlook Revised To Stable On Receding Economic, Fiscal, And Banking-Sector Risks; 'AA' Rating Affirmed
Published Sep 07, 2010
Published Sep 07, 2010
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Abstract:

We are revising our outlook on Bermuda to stable from negative. We are affirming our 'AA' long-term and 'A-1+' short-term sovereign credit ratings on the country. The outlook revision reflects receding economic, fiscal, and banking-sector risks compared with our expectations in mid-2009. TORONTO (Standard&Poor's) Sept. 7, 2010--Standard&Poor's Ratings Services today said it revised its outlook on Bermuda to stable from negative. At the same time, Standard&Poor's affirmed its 'AA' long-term and 'A-1+' short-term sovereign credit ratings on Bermuda. "The outlook revision primarily reflects what we judge to be receding economic, fiscal, and banking-sector risks compared with our expectations in mid-2009," said Standard&Poor's credit analyst Nikola Swann. We estimate Bermuda's per capita GDP

  
Report Type:

Ratings Action

Ticker
5828Z
Issuer
Sector
Global Issuers
Country
Region
Latin America
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bermuda Outlook Revised To Stable On Receding Economic, Fiscal, And Banking-Sector Risks; 'AA' Rating Affirmed" Sep 07, 2010. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bermuda-Outlook-Revised-To-Stable-On-Receding-Economic-Fiscal-And-Banking-Sector-Risks-AA-Rating-Affirmed-819088>
  
APA:
S&P Global Ratings’ Credit Research. (). Bermuda Outlook Revised To Stable On Receding Economic, Fiscal, And Banking-Sector Risks; 'AA' Rating Affirmed Sep 07, 2010. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bermuda-Outlook-Revised-To-Stable-On-Receding-Economic-Fiscal-And-Banking-Sector-Risks-AA-Rating-Affirmed-819088>
  
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