Treasury's full statement on S&P Global Ratings

03 June 2016 - 20:11
By TMG Digital

S&P Global Ratings (S&P) has affirmed South Africa’s long and short term foreign and local currency bond ratings at ‘BBB-/A-3’ and ‘BBB+/A-2’ respectively.The foreign currency bond rating remains one notch above sub-investment grade whereas the domestic currency bond rating remains three notches above subinvestment grade.

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