Rating Report

DBRS Morningstar Downgrades the Kingdom of Belgium to AA, Trend Changed to Stable

Sovereigns

Summary

DBRS Ratings GmbH (DBRS Morningstar) downgraded the Kingdom of Belgium’s Long-Term Foreign and Local Currency – Issuer Ratings to AA from AA (high) and changed the trend to Stable from Negative. At the same time, DBRS Morningstar confirmed the country’s Short-Term Foreign and Local Currency – Issuer Ratings at R-1 (high) with Stable trend.

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