|
Latin
America |
|
Long-Term
Foreign Currency Ratings Definitions |
For five-year forecasts,
please click here.
| |
Moody's |
S&P |
Fitch
IBCA |
| Investment Grade |
|
|
|
| |
Aaa |
AAA |
AAA |
| |
Aa1 |
AA+ |
AA+ |
| |
Aa2 |
AA |
AA |
| |
Aa3 |
AA- |
AA- |
| |
A1 |
A+ |
A+ |
| |
A2 |
A |
A |
| |
A3 |
A- |
A- |
| |
Baa1 |
BBB+ |
BBB+ |
| |
Baa2 |
BBB |
BBB |
| |
Baa3 |
BBB- |
BBB- |
| |
|
|
|
| Sub-Investment Grade |
|
|
|
| |
Ba1 |
BB+ |
BB+ |
| |
Ba2 |
BB |
BB |
| |
Ba3 |
BB- |
BB- |
| |
B1 |
B+ |
B+ |
| |
B2 |
B |
B |
| |
B3 |
B- |
B- |
| |
Caa1 |
C+ |
C+ |
| |
Caa2 |
C |
C |
| |
Caa3 |
C- |
C- |
|
|
|
|
|
