This document summarizes the credit ratings assigned to Ukraine by Standard & Poor's, Fitch Ratings, and Moody's Investors Service from 2014 to March 2019. It shows the long-term and short-term foreign and local currency ratings as well as national scale ratings and outlooks assigned by each agency over this period. Ratings and outlooks changed frequently over this time in response to economic and political conditions in Ukraine.
1 of 4
Download to read offline
More Related Content
Dynamics of Ukraine's sovereign credit ratitgs as of 2004 2019
1. Dynamics of Ukraines sovereign credit ratings
as of 2014- March 2019
Rating agency
Foreign currency rating Local currency rating
National scale
rating on the
country
Outlook
Assignment date/
Confirmation date
Long-termdebt
Short-termdebt
Long-termdebt
Short-termdebt
Standard and
Poor's
(S&P)
B + B B + Stable 20 July 2004
uaA 14 Apr 2005
- uaA Stable 11 May 2005
- Stable 3 Oct 2005
- Stable 30 Aug 2006
- Negative 05 Apr 2007
- uaA Negative 2 Aug 2007
B + B - Stable 12 June 2008
B + B - uaAA CreditWatch* 15 Oct 2008
B + uaA+ Negative 24 Oct 2008
B + CreditWatch 16 Feb 2009
弌弌弌+ 弌 - 弌 uaBBB Negative 25 Feb 2009
弌弌弌+ 弌 - 弌 Positive 31 July 2009
弌弌弌+ 弌 - 弌 uaBBB Stable 30 Oct 2009
- 弌 B Positive 11 March 2010
uaA 17 March 2010
B B B+ B uaA+ Stable 17 May 2010
B B B+ B uaA+ CreditWatch 22 July 2010
B+ B BB- B uaAA- Stable 29 July 2010
B+ B B+ B uaAA- Stable 13 Sep 2011
B+ B B+ B uaA+ Negative 15 March 2012
B B uaA- Negative 7 Dec 2012
uaA- Negative 16 May 2013
- - ua- Negative 1 Nov 2013
- - ua- Stable 26 Dec 2013
C弌弌+ C B- B uaBB+ Negative 28 Jan 2014
C弌弌 C B- B uaBB+ Negative 21 Feb 2014
C弌弌 C B- B uaBB+ Stable 11 July 2014
C弌弌- C C弌弌+ C uaB+ Negative 19 Dec 2014
弌弌 C C弌弌+ C uaB+ Negative 10 Apr 2015
弌弌 C C弌弌+ C uaB+ Negative 28 Aug 2015
2. SD SD C弌弌+ C uaB+ 25 Sep 2015
-/D - uaB+ Stable 19 Oct 2015
-/D - ua- Stable 11 Dec 2015
- - ua- Stable 10 June 2016
- - ua- Stable 9 Dec 2016
- - ua- Stable 12 May 2017
- - ua- Stable 10 Nov 2017
- - ua- Stable 20 Apr 2018
uaBBB 27 June 2018
- - ua Stable 19 October 2018
Rating agency
Foreign currency rating Local currency rating
National scale
rating on the
country
Outlook
Assignment date/
Confirmation date
Long-termdebt
Short-termdebt
Long-termdebt
Short-termdebt
Fitch Ratings
(Fitch)
- - - Stable 21 Jan 2005
- - - Positive 8 June 2005
- - - Stable 12 Jan 2006
+(ukr) Stable 26 June 2006
- - - Positive 25 Oct 2006
- - - Positive 18 March 2008
- - - Stable 14 March 2008
- - - Negative 25 Sep 2008
B + B B + - Negative 17 Oct 2008
B B B - Negative 12 Feb 2009
AA(ukr) Stable 13 Feb 2009
B B B - Negative 14 Oct 2009
- B - - Negative 12 Nov 2009
AA-(ukr) Stable 13 Nov 2009
- B - - Stable 17 March 2010
B B B - Stable 06 July 2010
AA(ukr) Stable 07 July 2010
B B B - Stable 15 Sep 2010
B B B - Positive 21 July 2011
*** 2 Sep 2011
B B B - Stable 19 Oct 2011
B B B - Stable 10 July 2012
3. B B B - Negative 28 June 2013
- - - Negative 8 Nov 2013
弌弌弌 弌 - - Negative 7 Feb 2014
弌弌弌 弌 - - Negative 28 Feb 2014
弌弌弌 弌 弌弌弌 - 22 Aug 2014
弌弌 弌 弌弌弌 - 13 Feb 2015
弌弌 弌 弌弌弌 - 7 Aug 2015
弌 弌 弌弌弌 27 Aug 2015
RD RD 弌弌弌 6 Oct 2015
弌弌弌 弌 弌弌弌 18 Nov 2015
弌弌弌 弌 弌弌弌 13 May 2016
弌 弌弌弌 弌 22 July 2016
B- B B- B Stable 11 Nov 2016
B- B B- B Stable 28 Apr 2017
B- B B- B Stable 27 Oct 2017
B- B B- B Stable 27 Apr 2018
B- B B- B Stable 26 Oct 2018
B- B B- B Stable 8 Mar 2019
Rating agency
Foreign currency rating Local currency rating
National scale
rating on the
country
Outlook
Assignment date/
Confirmation date
Long-termdebt
Short-termdebt
Long-termdebt
Short-termdebt
Moody's
Investors
Service
(Moodys)
1 - - 1 - Positive 8 Sep 2004
1 - 1 - Developing ** 1 Dec 2004
1 - 1 - Stable 24 May 2006
1 - 1 - Positive 10 Nov 2006
1 - 1 - Positive 8 Aug 2008
1 - 1 - Stable 20 Oct 2008
1 - 1 - CreditWatch 24 Feb 2009
2 - 2 - Negative 12 May 2009
2 - 2 - Stable 11 Oct 2010
2 - 2 - Negative 15 Dec 2011
3 - 3 - Negative 05 Dec 2012
弌舒舒1 - 弌舒舒1 -
Review for
downgrade
20 Sep 2013
弌舒舒2 - 弌舒舒2 - Negative 31 Jan 2014
弌舒舒3 - 弌舒舒3 - Negative 04 July 2014
4. *Credit Rating monitoring;
**The new category of credit ratings outlook "developing" has been used by the agency for the first time and means that the agency's analysts are paying a lot of attention to the
events taking place in the country at the moment;
change of rating / outlook.
*** Confirmed and revoked Country Rating on a national scale, due to technical changes in the Fitch agency's analytical process.
弌舒 - 弌舒 - Negative 24 March 2015
弌舒舒3/
弌舒
- 弌舒舒3 - Stable 19 Nov 2015
弌舒舒2/
弌舒
- 弌舒舒2 - Positive 25 Aug 2017
弌舒舒1/
弌舒
- 弌舒舒1 - Stable 21 Dec 2018