Sunday 28 September 2014

Ratings on Qatar affirmed At ‘AA/A-1+’ | GulfNews.com

Ratings on Qatar affirmed At ‘AA/A-1+’ | GulfNews.com:



"Standard & Poor’s Ratings Services affirmed its ‘AA’ long-term and ‘A-1+’ short-term foreign and local currency sovereign credit ratings on the State of Qatar. The outlook is stable.



The agency also affirmed the ‘AA’ long-term issue ratings on the bonds issued by Qatari Diar Finance Q.S.C. and SoQ Sukuk A Q.S.C.



The ratings reflect S&P’s view of Qatar’s high economic wealth and strong fiscal and external balance sheets. The ratings are constrained by Qatar’s limited monetary policy flexibility, still-nascent public institutions, and limited disclosure, particularly with respect to government assets and investment income."



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