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Iraq Credit Ratings

Iraq
Moody'sS&PFitchDBRSScope Ratings
RatingOutlookRatingOutlookRatingOutlookRatingOutlookRatingOutlook
Caa1StableB-StableB-StableNR-NR-

Credit Rating History

Rating Agency
Date
Previous Rating
Previous Outlook
New Rating
New Outlook
Fitch
Mar 24, 2021B-NegativeB-Stable
Fitch
Apr 16, 2020B-StableB-Negative
Moody's
Aug 3, 2017Caa1Stable
Fitch
Mar 13, 2017B-NegativeB-Stable
Fitch
Mar 3, 2016B-StableB-Negative
S&P
Sep 3, 2015B-Stable
Fitch
Aug 7, 2015B-Stable

Table Key

Grade
Moody'sS&PFitchDBRSScope Ratings
Prime
AaaAAAAAAAAAAAA
High Grade
Aa1AA+AA+AA (high)AA+
Aa2AAAAAAAA
Aa3AA-AA-AA (low)AA-
Upper Medium Grade
A1A+A+A (high)A+
A2AAAA
A3A-A-A (low)A-
Lower Medium Grade
Baa1BBB+BBB+BBB (high)BBB+
Baa2BBBBBBBBBBBB
Baa3BBB-BBB-BBB (low)BBB-
Non-investment Grade Speculative
Ba1BB+BB+BB (high)BB+
Ba2BBBBBBBB
Ba3BB-BB-BB (low)BB-
Highly Speculative
B1B+B+B (high)B+
B2BBBB
B3B-B-B (low)B-
Substantial Risks
Caa1CCC+CCC+CCC
Caa2CCCCCCCCCCCC
Caa3CCC-CCC-CCC
Extremely Speculative
CaCCCCCCCCC
CCCCC
In Default with Little Prospect for Recovery
CDRDRD
In Default
SDSD
CDDDD
DDDD
DDDDDD
Not Rated
NRNRNRNRNR

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