Bahrain: Further sovereign downgrade


Issue 1050 - 14 Dec 2017 | 1 minute read

Manama suffered another downgrade to its sovereign rating on 1 December, when Standard & Poor’s (S&P) lowered its rating from BB- to B+ on what it described as “extremely weak external liquidity”. The ratings agency said the islands’ gross external financing needs were among the highest across rated sovereigns.

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