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What are the sovereign credit rating rankings?
A country has a country's credit, which becomes a national credit between countries at the international level. So do you know the ranking of sovereign credit ratings between countries? What grades are these generally divided into? What are the sovereign credit rating rankings? The ranking of sovereign credit rating is generally divided into AAA, AA, A, BBB, BB, B, CCC, CC and C from high to low. AA to CCC can be marked with+and-to indicate strength respectively. In this regard, we can find that AAA+ is the highest level, while CCC- is the lowest level. Sovereign credit rating is the credit rating agency's evaluation of a government's credit willingness and ability to fulfill its debt service obligations as a debtor. At present, only Fitch, Standard & Poor's and Moody's are eligible for sovereign credit rating. At present, there are none of these three institutions in China, so we will be restricted to some extent at some international levels. National sovereign credit rating refers to that rating agencies evaluate the political, economic and credit ratings of sovereign institutions (usually sovereign countries) according to certain procedures and methods, and express the rating results with certain symbols. The judgment made in the rating standard is also the debt level of a country. These debts formed by the central government to overseas creditors are generally rated by the credit rating agencies in the country where the creditors are located. It is worth noting that sovereign credit rating should not only analyze the growth trend of a country's GDP, foreign trade, balance of payments, foreign exchange reserves, total and structure of foreign debts, fiscal revenue and expenditure, policy implementation and other factors that affect the country's repayment ability, but also analyze the financial burden brought about by the reform of the financial system, state-owned enterprises and social security system, and finally rate it. Therefore, this rating is still relatively rigorous.