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PBO draws attention to effects of climate crisis on public finances
Moody's ups GGB rating by two notches, on par with S&P and Fitch
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Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield
Moody's upgrades Greek rating by two notches to Caa1 - here's why
Moody’s upgraded Greece’s government bond rating by two notches on Friday, raising it to Caa1 from Caa3, where it had been placed on November 29, 2013. The outlook on the rating is stable.
This is Greece’s second rating upgrade, following that Fitch’s decision to increase it by one notch on May 23. Moody’s had postponed its previous rating action on Greece, which was due on April 4, but upgraded Greek banks’ outlook to stable from negativ...
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