03.05.2016 - Moody’s rate assets of SOFAZ at Ba1
Azerbaijan’s state oil fund was rated at Ba1 for the country’s long-term issuer and senior unsecured debt ratings by the international ratings agency Moody's Investors Service. Moreover, Moody’s confirmed state-guaranteed senior unsecured debt rating of the Southern Gas Corridor's at Ba1, according to the report of the rating agency posted on its website on April 29. The report left Azerbaijan's long-term and short-term foreign-currency bond and deposit ceilings unchanged at Ba1/NP and Ba2/NP, respectively. Meanwhile, the long-term local-currency bond and deposit country ceilings also remained unchanged at Ba1...............................................Full Article: Source
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