Moody’s confirmed the rating with a negative Outlook for 10 regions of the Russian Federation

Moody’s confirmed the rating with a negative Outlook for 10 regions of the Russian Federation


Among the regions with a negative Outlook remain, Samara , Belgorod , Omsk, Nizhny Novgorod and Vologda regions, Republic of Chuvashia, Republic of Komi, Mordovia, Krasnoyarsk and Krasnodar Krai, and the cities of Krasnodar, Volgograd and Omsk.

MOSCOW, 5 Dec. International rating Agency Moody’s confirmed the ratings with a negative Outlook for 10 Russian regions and three cities, according to a press release of the Agency.

Among the regions with a negative Outlook remain, Samara, Belgorod, Omsk, Nizhny Novgorod and Vologda regions, Republic of Chuvashia, Republic of Komi, Mordovia, Krasnoyarsk and Krasnodar Krai, and the cities of Krasnodar, Volgograd and Omsk.

So, Samara region, Republic of Chuvashia and Omsk region has retained its rating at “Aa3”, the Vologda region, the Republic of Mordovia and the city of Volgograd left with a rating of “Baa1”. The Agency affirmed a rating of “A2” with a negative Outlook for the Republic of Komi, Krasnodar territory, Krasnoyarsk territory, Belgorod region, Nizhny Novgorod region, Krasnodar and Omsk.

Yesterday, Moody’s changed the Outlook on government bonds of the Russian Federation to stable from negative, the rating remained at the speculative level of “Ba1”.

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