Sovereigns and Supranationals

(Note) A Long-term Issuer Rating or its equivalent is shown in Long Term, while a rating on commercial paper or a Short-term Issuer Rating is shown in Short Term. For details, please refer to each Issuer.

Key Word
Outlook / Direction
Issuer Long Term Short Term
Portuguese Republic A / Stable -
Romania BBB / Stable -
Russian Federation BB+ / Stable -
Singapore (Republic of) AAA / Stable -
Slovak Republic (The) A+ / Stable -
Slovenia (Republic of) A+ / Positive -
Spain (Kingdom of) AA / Stable -
Thailand (Kingdom of) A- / Stable -
Turkey (Republic of) BBB- / Stable -
United Kingdom AAA / Negative -
United States of America AAA / Stable -