Please Note
We brought you to this page based on your search query. If this isn't what you are looking for, you can continue to Search Results for ""
The maximum number of items you can export is 3,000. Please reduce your list by using the filtering tool to the left.

You Browsed By:

You Searched For:


The product image can not be displayed.
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.


  • 5 Dec 2016
    • High level of SOE leverage pressures credit quality of Chinese regional and local governments
      The high level of leverage among Chinese state-owned enterprises (SOEs) is pressuring the credit quality of their regional and local government owners. However, deleveraging at the SOEs will take time. The liabilities of more than 100,000 RLG-owned SOEs, including local government financing vehicles (LGFVs), grew at an average annual rate of 14.1% in 2012-15, reaching RMB35.4 trillion ($5.1 billion). This amount was more than double the RLG sector’s total direct debt of RMB16.0 trillion; in most provinces, SOE liabilities exceeded combined RLG revenues... Press Release l Full Report
  • 17 Nov 2016
    • Elections in 2016 could create credit challenges for some Mexican states
      The median liquidity position of Mexican states deteriorated in the 2011-2015 period due to rising cash financing requirements. Higher spending linked to legislative elections in 2016 could create additional credit challenges for states in the Ba and B rating categories, where the liquidity decline was steepest. Elections have historically been associated with higher spending... Full Report
  • 12 Oct 2016
    • Chinese RLGs support for distressed SOEs curtailed
      Recent episodes of state-owned enterprise (SOE) distress show that Chinese regional and local governments’ (RLGs) autonomy to provide direct financial support to struggling SOEs is diminishing as a result of restrictive central government regulations. This report answers frequently asked questions regarding RLGs’ current approach to supporting their SOEs, based on a review of recent credit-distress events... Full Report
Please refine your search by Market Segment to get corresponding Rating Activity and Watchlist
Complete Your Profile
Please complete your profile before submitting your comments.
We're Sorry