Credit Rating Report

Madrid, City of: Rating Report

Sub-Sovereign Governments

Summary

DBRS Ratings GmbH (Morningstar DBRS) upgraded the Long-Term Issuer Rating of the City of Madrid's (Madrid) to A (high) from "A" and changed the trend to Stable from Positive. At the same time, Morningstar DBRS confirmed Madrid's Short-term Issuer Rating at R-1 (low) with Stable trend.

Ratings

  • 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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