Moody’s raised the Outlook on the ratings of Moscow and St. Petersburg

Moody’s raised the Outlook on the ratings of Moscow and St. Petersburg


After increasing the ratings from “negative” to “stable”, Moscow and St Petersburg are on the level of “Aa1”. The day before Moody’s has also improved its Outlook on the government bonds of the Russian Federation.

MOSCOW, 5 Dec. International rating Agency Moody’s upgraded the outlooks on the ratings of Moscow and St. Petersburg with “negative” to “stable”, according to a press release of the Agency.

The ratings of Moscow and St. Petersburg are on the level of “Aa1”, the Moscow region and the Khanty-Mansi Autonomous “Aa2”. Also at the level of “Aa2” is the rating of the sue “Vodokanal of St. Petersburg”, Outlook “stable”.

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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