We are affirming our long- and short-term ratings on the Canton of Solothurn at 'AA+/A-1+'. The outlook remains stable and reflects our view of contained debt increases and a stable very positive liquidity situation. On July 5, 2013, Standard&Poor's Ratings Services affirmed its 'AA+/A-1+' long- and short-term issuer credit ratings on the Canton of Solothurn. The outlook is stable. The ratings on Solothurn benefit from the predictable and supportive institutional framework for Swiss cantons, and Solothurn's strong economy compared with international peers. Solothurn's very positive liquidity position and very low contingent liabilities are further factors backing our assessment. Additional ratings support derives from the canton's prudent management, which we anticipate will implement measures to reduce the current structural
