Annual Report on Papua New Guinea
[Mar 9] Following Moody’s latest annual analysis of Papua New Guinea, the outlook for the country’s B1 local and foreign government bond ratings remains stable.
Asia Liquidity Stress Index
[Mar 9] Moody's Asian Liquidity Stress Index rose in February, with 14.6% of its rated speculative-grade portfolio demonstrating weak liquidity compared with 12.5% in January.
India's Fiscal Deficits: What past trends portend for the future
[Mar 7] India's wide and persistent fiscal deficits could eventually compromise the country's macroeconomic profile and while the annual budget statement can set fiscal reform in motion, lasting fiscal relief will
require persistent policy efforts over several years.
Moody's Weekly Credit Outlook
[Mar 12] China’s Lower Target for GDP Growth Weighs on Its Sagging Steel Sector; Lower Electricity Demand in Australia Is Credit Negative for Power Utilities; AXA Acquires Some HSBC P&C Operations; a Credit Positive for Its Hong Kong Business; Philippine Fiscal Results Point to Continued Debt Reduction; and more.
CREDIT RATINGS ARE MIS'S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES. MIS DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL, FINANCIAL OBLIGATIONS AS THEY COME DUE AND ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. CREDIT RATINGS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. CREDIT RATINGS DO NOT CONSTITUTE INVESTMENT OR FINANCIAL ADVICE, AND CREDIT RATINGS ARE NOT RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. CREDIT RATINGS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. MIS ISSUES ITS CREDIT RATINGS WITH THE EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL MAKE ITS OWN STUDY AND EVALUATION OF EACH SECURITY THAT IS UNDER CONSIDERATION FOR PURCHASE, HOLDING, OR SALE.