Moody’s Upgrades Bermuda’s Rating To A1

The Government of Bermuda said they “welcome the latest ratings action from Moody’s Ratings, which has upgraded Bermuda’s domestic and foreign currency long-term issuer ratings and foreign currency senior unsecured bond ratings to A1, while maintaining a stable outlook. A Government spokesperson said, “In its report, Moody’s said the upgrade to A1 reflects the “improvement …

Go to Source