This report does not constitute a rating action. The Supranationals Edition 2026 includes comparative data for 34 supranational institutions with public ratings assigned by S&P Global Ratings. The data includes our preferred creditor treatment (PCT) ratio, which measures how much an institution benefits from its PCT status, as well as ratios related to the institutions’ governance structure and extraordinary shareholder support in the form of eligible callable capital. Balance-sheet, off-balance-sheet, and income statement items address size and profitability, while the ratios address capital adequacy, credit quality and loss provisioning, leverage, liquidity, and profitability. S&P Global Ratings used the most recent data we received from the institutions to calculate the risk-adjusted capital (RAC) and liquidity ratios, incorporating the latest rating parameters.
