Rating Moody's Armenia
| Long term Rating | Short term Rating | ||||||
|---|---|---|---|---|---|---|---|
| Foreign currency | Local currency | Foreign currency | Local currency | ||||
| Date | Rating(Outlook) | Date | Rating | Date | Rating | Date | Rating |
| 2022-03-24 | Ba3 (Negative) | ||||||
| 2021-08-31 | Ba3 (Stable) | ||||||
| 2019-08-27 | Ba3 (Stable) | ||||||
| 2018-03-09 | B1 (Positive) | 2022-03-24 | Ba3 | ||||
| 2016-03-18 | B1 (Stable) | 2021-08-31 | Ba3 | ||||
| 2015-01-15 | Ba3 (Negative) | 2019-08-27 | Ba3 | ||||
| 2013-08-20 | (Stable) | 2018-03-09 | B1 | ||||
| 2011-11-21 | (Negative) | 2016-03-18 | B1 | ||||
| 2006-07-25 | Ba2 | 2015-01-15 | Ba3 | ||||
| 2006-07-24 | Ba2 (Stable) | 2006-07-25 | Ba2 | ||||
Moody's: Long term Rating
Rating S&P Armenia
| Long term Rating | Short term Rating | ||||||
|---|---|---|---|---|---|---|---|
| Foreign currency | Local currency | Foreign currency | Local currency | ||||
| Date | Rating(Outlook) | Date | Rating | Date | Rating | Date | Rating |
| 2023-02-24 | B+ (Positive) | 2023-02-24 | B+ | ||||
| 2022-04-08 | B+ (Stable) | 2022-04-08 | B+ | ||||
| 2021-10-12 | B+ (Positive) | 2021-10-12 | B+ | 2021-10-12 | B | 2021-10-12 | B |
S&P: Long term Rating
Rating Fitch Armenia
| Long term Rating | Short term Rating | ||||||
|---|---|---|---|---|---|---|---|
| Foreign currency | Local currency | Foreign currency | Local currency | ||||
| Date | Rating(Outlook) | Date | Rating | Date | Rating | Date | Rating |
| 2020-10-15 | B+ | 2020-10-15 | B+ | ||||
| 2020-10-05 | B+ (Stable) | 2020-10-05 | B+ | ||||
| 2020-04-03 | BB- | 2020-04-03 | BB- | 2020-04-03 | B | ||
| 2019-11-22 | BB- (Stable) | 2019-11-22 | BB- | 2019-11-22 | B | ||
| 2019-05-24 | B+ | 2019-05-24 | B+ | 2019-05-24 | B | ||
| 2018-11-30 | B+ | 2018-11-30 | B+ | 2018-11-30 | B | ||
| 2018-06-15 | B+ (Positive) | 2018-06-15 | B+ | 2018-06-15 | B | ||
| 2017-12-15 | B+ (Positive) | 2017-12-15 | B+ | 2017-12-15 | B | ||
| 2017-06-30 | B+ (Stable) | 2017-06-30 | B+ | 2017-06-30 | B | ||
| 2017-01-20 | B+ (Stable) | 2017-01-20 | B+ | 2017-01-20 | B | ||
| 2016-07-22 | B+ (Stable) | 2016-07-22 | B+ | 2016-07-22 | B | ||
| 2016-01-22 | B+ (Stable) | 2016-01-22 | B+ | 2016-01-22 | B | 2020-04-03 | B |
| 2015-07-24 | B+ | 2015-07-24 | B+ | 2015-07-24 | B | 2019-11-22 | B |
| 2015-01-30 | B+ | 2015-01-30 | B+ | 2015-01-30 | B | 2019-05-24 | B |
| 2014-08-01 | BB- (Stable) | 2014-08-01 | BB- | 2014-08-01 | B | 2018-11-30 | B |
| 2014-02-14 | BB- (Stable) | 2014-02-14 | BB- | 2014-02-14 | B | 2018-06-15 | B |
Fitch: Long term Rating
| Grade | Moody's | S&P | Fitch |
|---|---|---|---|
| Prime | Aaa | AAA | AAA |
| High grade | Aa1 | AA+ | AA+ |
| Aa2 | AA | AA | |
| Aa3 | AA- | AA- | |
| Upper medium grade | A1 | A+ | A+ |
| A2 | A | A | |
| A3 | A- | A- | |
| Lower medium grade | Baa1 | BBB+ | BBB+ |
| Baa2 | BBB | BBB | |
| Baa3 | BBB- | BBB- | |
| Non-investment grade speculative | Ba1 | BB+ | BB+ |
| Ba2 | BB | BB | |
| Ba3 | BB- | BB- | |
| Highly speculative | B1 | B+ | B+ |
| B2 | B | B | |
| B3 | B- | B- | |
| Substantial risks | Caa1 | CCC+ | CCC+ |
| Caa2 | CCC | CCC | |
| Caa3 | CCC- | CCC- | |
| Extremely speculative | Ca | CC | CC |
| C | |||
| In default with little prospect for recovery | SD | RD | |
| In default | C | D | D |
| DD | |||
| DDD | |||
| Not rated | WR | NR |
| Grade | Moodys | S&P | Fitch |
|---|---|---|---|
| High grade | P-1 | A-1+ | F1+ |
| Upper medium grade | P-1 | A-1 | F1 |
| Lower medium grade | P-2 | A-2 | F2 |
| Non-investment grade speculative | P-3 | A-3 | F3 |
| Highly speculative | B | B | |
| Extremely speculative | NP | C | C |