Credit Rating Report

DBRS Morningstar Downgrades Colombia to BBB (low), Trend Changed to Stable

Sovereigns

Summary

DBRS, Inc. (DBRS Morningstar) downgraded the Republic of Colombia’s Long-Term Foreign and Local Currency – Issuer Ratings to BBB (low) from BBB. At the same time, DBRS Morningstar downgraded the Short-term Foreign and Local Currency – Issuer Ratings to R-2 (middle) from R-2 (high). The trend on all ratings has been changed to Stable from Negative.

Ratings

Colombia, Republic of
  • Date Issued:Jun 24, 2021
  • Rating Action:Downgraded, Trend Change
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 24, 2021
  • Rating Action:Downgraded, Trend Change
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 24, 2021
  • Rating Action:Downgraded, Trend Change
  • Ratings:R-2 (middle)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 24, 2021
  • Rating Action:Downgraded, Trend Change
  • Ratings:R-2 (middle)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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