Fitch Affirms Azerbaijan at 'BB+'

Fitch Affirms Azerbaijan at
# 05 August 2017 11:18 (UTC +04:00)

The issue rating on Azerbaijan's senior unsecured foreign- and local-currency debt has also been affirmed at 'BB+'.

 

Azerbaijan's 'BB+' ratings balance a strong external balance sheet and low government debt. The Negative Outlook reflects continued risks and uncertainty around the macroeconomic and financial sector adjustment currently under way.

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THE OPERATION IS BEING PERFORMED