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Credit ratings, research and analysis on regional and local governments as well as on a wide array of public-sector entities with specialized mandates in both the developed and emerging markets, including mass transportation, health care, water systems, social housing, higher education, and charity trusts.


  • 24 Aug 2015
    • Muted global growth faces risks from Chinese asset price deflation, higher US rates and Greece’s possible exit from the euro
      Global economic growth will be muted over the next two years. Economic recovery in the US, euro area and Japan will be offset by the Chinese slowdown, low or negative growth in Latin America and only a gradual turnaround in Russia. Our latest Global Macro Outlook highlights three main sources of downside risk: a further marked correction in Chinese asset prices; a disorderly response to tighter US monetary policy and the possibility of a Greek exit from the euro area... Press Release l Full Report
  • 4 Aug 2015
    • Increase in UNEDIC debt to have limited credit impact
      An anticipated debt increase at UNEDIC, the organisation which manages the cash flows of the French unemployment insurance system, will have limited impact on its creditworthiness thanks to the continued support and oversight of the French government...Full Report
  • 30 Jul 2015
    • Prague can cope financially with major infrastructure spending plan
      The City of Prague’s finances will remain on a sound footing despite planned infrastructure projects over the next five years equivalent to around a quarter of its total spending. Our view reflects Prague’s flexible capital expenditure plan and responsible approach to debt management… Press Release l Full Report
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