Credit Rating Report

Morningstar DBRS Upgrades Republic of Portugal to A (high), Changes Trend to Stable

Sovereigns

Summary

DBRS Ratings GmbH (Morningstar DBRS) upgraded the Republic of Portugal's Long-Term Foreign and Local Currency - Issuer Ratings to A (high) from "A". At the same time, Morningstar DBRS upgraded Portugal's Short-Term Foreign and Local Currency - Issuer Ratings to R-1 (middle) from R-1 (low). The trends on all ratings have returned to Stable from Positive.

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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