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  DateDocument Type Title Issuer/Entity
26 Nov 2021 Sector In-Depth Telecommunications – Asia-Pacific: Debt and leverage for some rated telcos will increase because of spectrum liabilities
22 Nov 2021 Outlook Sovereigns – Central & Eastern Europe: 2022 outlook stable as strong economic activity and resilient fiscal metrics mitigate structural challenges
10 Nov 2021 Outlook Emerging Markets – Global: 2022 Outlook – Multispeed recovery with stark differences across regions and sectors
27 Oct 2021 Sector In-Depth Nonfinancial Companies – Asia (ex Japan): Investment-grade companies can refinance their $921 billion 2022-26 bond maturities
04 Oct 2021 Sector In-Depth Policy challenges – South Africa: Financial, funding and social challenges elevate contagion risks for South African debt issuers
27 Sep 2021 Sector In-Depth Construction – China: Leverage will stay high in 2021-22 as debt-driven investment offsets earnings growth
 The document has been translated in other languages

14 Jul 2021 Sector In-Depth State-Owned Enterprises (SOEs) – China: Rated SOEs' leverage will decline in 2021-22 but remain above pre-pandemic level
 The document has been translated in other languages

02 Jul 2021 Sector In-Depth Sovereign – Euro Area: Rebuilding fiscal shock-absorption capacity will be a key post-pandemic credit driver
15 Jun 2021 Issuer In-Depth Assured Guaranty Ltd. and MBIA Inc.: Proposed Puerto Rico GO and revenue bond settlements clarify recovery rates for financial guarantors Assured Guarant...
MBIA Inc.
07 Jun 2021 Sector Update Auto ABS - Asia Pacific: Sector Update Q1 2021 - Performance is uneven amid divergent recovery from coronavirus downturn
31 May 2021 Issuer In-Depth Government of India: FAQ on the coronavirus second wave and the sovereign's medium-term credit challenges India, Government of
07 May 2021 Issuer Comment Government of Saudi Arabia : First-quarter budget outturn shows evidence of structural improvements, a credit positive Saudi Arabia, Government of
29 Apr 2021 Sector In-Depth Nonfinancial companies – Asia (ex Japan and Australia): Cash pile hits record-high $1.44 trillion with debt proceeds and increased cash flow
15 Apr 2021 Issuer In-Depth Government of Kuwait : FAQ on financing deadlock and paths to resolution Kuwait, Government of
14 Apr 2021 Sector In-Depth Macroeconomics – Emerging Markets: Quantitative easing programs are largely positive, but risks vary across economies
14 Apr 2021 Issuer Comment Government of Maldives: Maiden sukuk issuance alleviates near-term liquidity pressure, a credit positive, but financing risks will persist Maldives, Government of
12 Apr 2021 Sector Comment Regional and Local Governments – Poland: Solid fundamentals offset credit pressures from rising leverage
09 Apr 2021 Issuer In-Depth Government of Serbia: FAQ on economic growth, fiscal metrics and event risks looking beyond the pandemic Serbia, Government of
08 Apr 2021 Issuer Comment Government of Jordan: Royal family rift turns spotlight on popular discontent that constrains policy flexibility Jordan, Government of
23 Mar 2021 Sector In-Depth Construction – China: Public-private partnerships raise credit risk, but rated companies have mitigants
 The document has been translated in other languages

08 Mar 2021 Issuer In-Depth Province of Hunan (China): Weakening fiscal profile and rising debt burden weigh on ability to support government-related entities
 The document has been translated in other languages

Hunan, Province of
08 Mar 2021 Sector In-Depth Nonfinancial companies - Asia (ex Japan): Most rated companies can address their $1.3 trillion of bond maturities through 2025 (Slides)
05 Mar 2021 Issuer In-Depth Government of Morocco: FAQ on credit risks amid the pandemic Morocco, Government of
02 Mar 2021 Issuer In-Depth Government of Tunisia: FAQ on credit prospects post coronavirus crisis Tunisia, Government of
01 Mar 2021 Issuer In-Depth Government of Lithuania : FAQ on growth potential and fiscal outlook Lithuania, Government of
25 Feb 2021 Issuer Comment Government of South Africa : Slightly lower deficits won't prevent debt rising; downside risks remain elevated South Africa, Government of
23 Feb 2021 Infographic INFOGRAPHIC: China corporate bonds defaults will continue to rise in 2021
08 Feb 2021 Issuer Comment Government of Ethiopia: Implications for private creditors of debt relief under G-20 Common Framework are unclear Ethiopia, Government of
25 Jan 2021 Issuer In-Depth Government of Sharjah : Fiscal erosion to continue amid steady spending pressures and weak revenue growth Sharjah, Government of
18 Jan 2021 Issuer Comment Islamic Development Bank: Significant boost in paid-in capital will reverse recent climb in leverage Islamic Development Bank
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