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Maldives Credit Ratings

Maldives
Moody'sS&PFitchDBRSScope Ratings
RatingOutlookRatingOutlookRatingOutlookRatingOutlookRatingOutlook
Caa1StableNR-B-StableNR-NR-

Credit Rating History

Rating Agency
Date
Previous Rating
Previous Outlook
New Rating
New Outlook
Fitch
Oct 28, 2021CCCN/AB-Stable
Moody's
Aug 17, 2021B3NegativeCaa1Stable
Fitch
Nov 5, 2020BNegativeCCCN/A
Moody's
May 21, 2020B2NegativeB3Negative
Fitch
Mar 30, 2020B+StableBNegative
Moody's
Jul 25, 2018B2StableB2Negative
Fitch
May 15, 2017B+Stable
Moody's
Sep 2, 2016B2Stable

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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