New York, March 21, 2019 — Moody’s Investors Service (“Moody’s”) has today affirmed the Cayman Islands’ Aa3 government bond and issuer ratings. At the same time, the rating outlook was maintained at stable. Today’s action reflects the following credit drivers for the Cayman Islands: 1. Continued fiscal surpluses that have resulted in low and falling […]
Moody’s affirms the Cayman Islands’ Aa3 rating; maintains stable outlook
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Moody’s Affirms Cayman Islands’ Aa3 rating; Stable outlook maintained
Moody’s, the international credit rating agency, has maintained Cayman’s Aa3 rating for Government’s bonds issued in a foreign currency, and an Aa2 rating for long-term foreign currency ceiling bonds and notes. The Minister for Finance and Economic Development, Honourable Marco Archer stated that “the high rating and stable outlook for the Cayman Islands is attributed […]
Filed Under: front pg story, iBusiness, iLocal News, iWorld News, News Tagged With: Cayman Islands Aa3, GDP, Rating Action Moody, US