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Papua New Guinea  

Rating Moody's Papua New Guinea
Long Term RatingShort Term Rating
Foreign CurrencyLocal CurrencyForeign CurrencyLocal Currency
DateRating (Outlook)DateRatingDateRatingDateRating
2016-04-25B2 (Stable)2016-04-25B2
2016-02-25B1 (Under Review)2016-02-25B1
2015-05-18B1 (Negative)2015-05-18B1
2003-11-15(Stable)1999-01-25B1
1998-12-31B1
Moody's: Long Term Rating
Rating S&P Papua New Guinea
Long Term RatingShort Term Rating
Foreign CurrencyLocal CurrencyForeign CurrencyLocal Currency
DateRating (Outlook)DateRatingDateRatingDateRating
2015-10-08(Negative)2011-08-22B+2004-12-22B1999-01-25B
2012-10-29(Stable)
2012-01-27(Negative)
2007-09-13B+ (Stable)
S&P: Long Term Rating
Rating Fitch Papua New Guinea
Long Term RatingShort Term Rating
Foreign CurrencyLocal CurrencyForeign CurrencyLocal Currency
DateRating (Outlook)DateRatingDateRatingDateRating
2008-03-13B+ (Stable)2008-03-13B+2008-03-13B
2007-01-09B (Positive)2007-01-09B+2007-01-09B
2003-07-10B (Stable)2003-07-10B+2003-07-10B
2000-09-21B+ (Stable)2000-09-21BB-2000-09-21B
1999-01-01B+1999-01-01BB-1999-01-01B
Fitch: Long Term Rating

GradeMoody'sS&PFitch
PrimeAaaAAAAAA
High gradeAa1AA+AA+
Aa2AAAA
Aa3AA-AA-
Upper medium gradeA1A+A+
A2AA
A3A-A-
Lower medium gradeBaa1BBB+BBB+
Baa2BBBBBB
Baa3BBB-BBB-
Non-investment grade
speculative
Ba1BB+BB+
Ba2BBBB
Ba3BB-BB-
Highly speculativeB1B+B+
B2BB
B3B-B-
Substantial risksCaa1CCC+CCC+
Caa2CCCCCC
Caa3CCC-CCC-
Extremely speculativeCaCCCC
C
In default with little
prospect for recovery
SDRD
In defaultCDD
DD
DDD
Not ratedWRNR
GradeMoodysS&PFitch
High gradeP-1A-1+F1+
Upper medium gradeP-1A-1F1
Lower medium gradeP-2A-2F2
Non-investment grade
speculative
P-3A-3F3
Highly speculativeBB
Extremely speculativeNPCC