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Poland Credit Ratings

Poland
Moody'sS&PFitchDBRSScope Ratings
RatingOutlookRatingOutlookRatingOutlookRatingOutlookRatingOutlook
A2StableA-StableA-StableAStableA+Stable

Credit Rating History

Rating Agency
Date
Previous Rating
Previous Outlook
New Rating
New Outlook
S&P
Oct 12, 2018BBB+PositiveA-Stable
S&P
Apr 13, 2018BBB+StableBBB+Positive
Scope Ratings
Jul 28, 2017A+Stable
DBRS
Jun 9, 2017ANegativeAStable
Moody's
May 12, 2017A2NegativeA2Stable
S&P
Dec 2, 2016BBB+NegativeBBB+Stable
DBRS
Jun 10, 2016AStableANegative
Moody's
May 14, 2016A2StableA2Negative
S&P
Jan 15, 2016A-PositiveBBB+Negative
DBRS
Dec 11, 2015AStable
S&P
Feb 6, 2015A-StableA-Positive
Fitch
Aug 23, 2013A-PositiveA-Stable
Fitch
Feb 21, 2013A-StableA-Positive
S&P
Oct 27, 2008A-PositiveA-Stable
S&P
Feb 21, 2008A-StableA-Positive
S&P
Mar 29, 2007BBB+StableA-Stable
Fitch
Jan 18, 2007BBB+PositiveA-Stable
S&P
Apr 24, 2006BBB+PositiveBBB+Stable
Fitch
Mar 23, 2005BBB+StableBBB+Positive
S&P
Mar 22, 2005BBB+StableBBB+Positive

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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