Tuesday, January 19, 2021

Fitch Affirmed New Zealand’s International-Foreign money IDR at ‘AA’; Outlook Optimistic

Information out of the ranking company in a single day ICYMI

  • Fitch Rankings has affirmed New Zealand’s Lengthy-Time period International-Foreign money (FC) Issuer Default Score (IDR) at ‘AA’
  • with a Optimistic Outlook. 
  • Fitch has additionally affirmed the Lengthy-Time period Native-Foreign money (LC) IDR at ‘AA+’ with a Steady Outlook.

Cite, amongst different elements:

  • New Zealand’s rankings are underpinned by very excessive governance requirements and a demonstrated dedication to prudent fiscal administration, balanced towards excessive ranges of family and web exterior debt.

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