Moody’s maintains Portugal’s rating, but takes a step forward to be able to raise it in November

Portugal’s credit quality (debt grade or rating) remained the same, at the Baa2 level, but Moody’s took a step forward to raise the Republic’s assessment to Baa1 next November. According to a note that was just released this Friday night, the outlook (outlook) of the rating rose from stable to positive.

“Moody’s Investors Service today amended [sexta-feira, 19 de maio] the outlook of the Government of Portugal from stable to positive and confirmed the issuer’s long-term ratings in foreign and local currency and the senior unsecured ratings at Baa2”, says an official source.

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2023-05-19 20:49:00

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