Research Update: South Africa Long-Term National Scale Rating Raised to 'zaAAA'; Short-Term Affirmed At 'zaA-1+' On Criteria Change - S&P Global Ratings’ Credit Research

Research Update: South Africa Long-Term National Scale Rating Raised to 'zaAAA'; Short-Term Affirmed At 'zaA-1+' On Criteria Change

Research Update: South Africa Long-Term National Scale Rating Raised to 'zaAAA'; Short-Term Affirmed At 'zaA-1+' On Criteria Change - S&P Global Ratings’ Credit Research
Research Update: South Africa Long-Term National Scale Rating Raised to 'zaAAA'; Short-Term Affirmed At 'zaA-1+' On Criteria Change
Published Jul 02, 2018
7 pages (2678 words) — Published Jul 02, 2018
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

On June 25, 2018, we published our revised national scale rating mapping tables and consequently placed our 'zaAA+/zaA-1+' national scale ratings on South Africa under criteria observation (UCO). The revisions included a recalibration of our South Africa national scale mapping table. Following our review, we are raising our long-term national scale rating to 'zaAAA' from 'zaAA+' and affirming the short-term rating at 'zaA-1+'. Our national scale ratings do not carry outlooks. On July 2, 2018, S&P Global Ratings raised its long-term national scale rating on South Africa to 'zaAAA' from 'zaAA+' and affirmed the short-term rating at 'zaA-1+'. At the same time, we removed the UCO designation from the ratings. Our global scale issuer and issue credit ratings on South

  
Brief Excerpt:

...On June 25, 2018, we published our revised national scale rating mapping tables + and consequently placed our 'zaAA+/zaA-1+' national scale ratings on South Africa under criteria observation (UCO). The revisions included a recalibration of our South Africa national scale mapping + table. Following our review, we are raising our long-term national scale rating to + 'zaAAA' from 'zaAA+' and affirming the short-term rating at 'zaA-1+'. Our national scale ratings do not carry outlooks. +...

  
Report Type:

Research Update

Ticker
50184Z@SJ
Issuer
South Africa
Sector
Global Issuers, Structured Finance
Country
South Africa
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: South Africa Long-Term National Scale Rating Raised to 'zaAAA'; Short-Term Affirmed At 'zaA-1+' On Criteria Change" Jul 02, 2018. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-South-Africa-Long-Term-National-Scale-Rating-Raised-to-zaAAA-Short-Term-Affirmed-At-zaA-1-On-Criteria-Change-2066004>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: South Africa Long-Term National Scale Rating Raised to 'zaAAA'; Short-Term Affirmed At 'zaA-1+' On Criteria Change Jul 02, 2018. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-South-Africa-Long-Term-National-Scale-Rating-Raised-to-zaAAA-Short-Term-Affirmed-At-zaA-1-On-Criteria-Change-2066004>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.