Macedonia Credit Ratings

Macedonia
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Moody'sS&PFitchDBRS
RatingOutlookRatingOutlookRatingOutlookRatingOutlook
NR-BB-StableBB+StableNR-

Credit Rating History

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Rating Agency
Date
Previous Rating
Previous Rating
New Rating
New Outlook
Fitch
Jun 14, 2019BBPositiveBB+Stable
Fitch
Feb 2, 2018BBNegativeBBPositive
Fitch
Aug 19, 2016BB+NegativeBBNegative
Fitch
Aug 21, 2015BB+StableBB+Negative
S&P
May 24, 2013BBStableBB-Stable
Fitch
Oct 27, 2010BB+NegativeBB+Stable
S&P
Sep 21, 2009BBNegativeBBStable
Fitch
May 21, 2009BB+StableBB+Negative
S&P
Apr 30, 2009BB+NegativeBBNegative
S&P
Dec 1, 2008BB+StableBB+Negative
Fitch
Nov 4, 2008BB+PositiveBB+Stable
Fitch
Aug 14, 2007BB+StableBB+Positive
Fitch
Jun 13, 2006BBPositiveBB+Stable
Fitch
Nov 1, 2005BBPositive
S&P
Aug 23, 2005BBPositiveBB+Stable
S&P
Jul 30, 2004BBPositive

Table Key

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Grade
Moody'sS&PFitchDBRS
Prime
AaaAAAAAAAAA
High Grade
Aa1AA+AA+AA (high)
Aa2AAAAAA
Aa3AA-AA-AA (low)
Upper Medium Grade
A1A+A+A (high)
A2AAA
A3A-A-A (low)
Lower Medium Grade
Baa1BBB+BBB+BBB (high)
Baa2BBBBBBBBB
Baa3BBB-BBB-BBB (low)
Non-investment Grade Speculative
Ba1BB+BB+BB (high)
Ba2BBBBBB
Ba3BB-BB-BB (low)
Highly Speculative
B1B+B+B (high)
B2BBB
B3B-B-B (low)
Substantial Risks
Caa1CCC+CCC+CCC
Caa2CCCCCCCCC
Caa3CCC-CCC-CCC
Extremely Speculative
CaCCCCCCC
CCCC
In Default with Little Prospect for Recovery
CDRDRD
In Default
SDSD
CDDD
DDDD
DDDDDD
Not Rated
NRNRNRNR