Rating Report

DBRS Morningstar Confirms Republic of Singapore at AAA, Stable Trend

Sovereigns

Summary

DBRS, Inc. (DBRS Morningstar) confirmed the Republic of Singapore’s Long-Term Foreign and Local Currency – Issuer Ratings at AAA. At the same time, DBRS Morningstar confirmed the Short-Term Foreign and Local Currency – Issuer Ratings at R-1 (high). The trend on all ratings remains Stable.

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