DBRS confirms ‘rating’ of Portugal at ‘A’ (low) with stable outlook
The ‘rating’ is an evaluation attributed by the financial rating agencies, with a great impact on the financing of countries and companies, since it assesses the credit risk
The financial rating agency DBRS confirmed this Friday the rating of the Portuguese sovereign debt at ‘A’ (low), with a stable outlook.
The DBRS thus confirmed the Portuguese sovereign debt at ‘A’ (low), with perspective, justifying that “external risks to economic performance are stable due to the persistent improvement in public finances”.
In August last year, DBRS upgraded the Portuguese debt rating from ‘BB (high)’ to ‘A (low)’.
The next agency expected to pronounce on Portugal is S&P, on March 10.
DBRS looks back at Portuguese debt on July 21.
The ‘rating’ is an evaluation attributed by financial rating agencies, with a great impact on the financing of countries and companies, since it assesses the credit risk.
The calendars of the ‘rating’ agencies are, however, purely indicative, the latter being able to choose not to comment on the foreseen data or to proceed with a non-scheduled assessment.