Morningstar DBRS Upgrades Bermuda to A (high), Changes Trend to Stable
SovereignsSummary
DBRS, Inc. (Morningstar DBRS) upgraded Bermuda's Long-Term Foreign and Local Currency -- Issuer Ratings to A (high) from "A". At the same time, Morningstar DBRS upgraded Bermuda's Short-Term Foreign and Local Currency -- Issuer Ratings to R-1 (middle) from R-1 (low). The trend on all ratings have returned to Stable from Positive.
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