Cyprus - Sovereign Ratings Upgraded; Outlook Revised to Stable

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has upgraded the Republic of Cyprus' Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) to 'BBB-' and 'A3', respectively, from 'BB+' and 'B'. At the same time, CI Ratings has revised the Outlook on the ratings to Stable from Positive.

Attachments

• Rating Announcement (CRA)
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• Sovereign Rating Report (Cyprus)
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