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Moody's Keeps MO LT Issuer Credit Rating at 'Aa3', Adjusts Outlook to 'Stable'
Recommend 20 Positive 38 Negative 20 |
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Moody's maintained the credit rating (long-term issuer rating) of Macau at 'Aa3' and changed the outlook from 'negative' to 'stable'. Moody's reaffirmed the rating, primarily based on Macau's exceptionally strong fiscal and external positions, reinforced by the absence of outstanding government debt, which collectively provides Macau with significant capacity to withstand shocks. Concurrently, with the strong economic linkages between Macau and the Chinese mainland, China's macroeconomy and fiscal strength have demonstrated remarkable resilience in the face of external shocks. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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