1. Sovereigns Ratings List

Bahrain Rating: Bahrain Credit Rating

Subscribe to our free email alert service
Rating Moody's Bahrain
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
2024-05-14B2 (Stable)
2022-04-22B2 (Stable)
2021-04-29B2 (Negative)
2018-12-17B2 (Stable)
2018-08-03B2 (Negative)
2017-07-28B1 (Negative)
2016-05-14Ba2 (Negative)
2016-03-04Ba1 (Under Review)2024-05-14B2
2015-04-16Baa3 (Negative)2022-04-22B2
2013-09-18Baa2 (Negative)2021-04-29B2
2013-06-14(Under Review)2018-12-17B2
2011-05-26Baa1 (Negative)2018-08-03B2
2011-02-23(Under Review)2017-07-28B1
2010-08-23A3 (Stable)2016-05-14Ba2
2009-01-06(Negative)2016-03-04Ba1
2007-07-25A22015-04-16Baa3
2007-07-24A2 (Stable)2013-09-18Baa2
2006-10-04A3 (Positive)2011-05-26Baa1
2006-09-07(Under Review)2010-08-23A3
2003-12-11Baa12007-07-25A2
2003-11-15(Stable)2006-10-04A3
2002-08-15Baa32002-08-15Baa1
1996-01-29Ba11999-03-30Baa3
Moody's: Long term Rating
Rating S&P Bahrain
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
2023-11-24B+ (Stable)
2022-11-25B+ (Positive)
2021-11-26B+ (Stable)
2021-05-28B+ (Negative)
2020-03-26(Stable)
2019-11-29(Positive)
2017-12-01B+ (Stable)2023-11-24B+
2017-06-02(Negative)2022-11-25B+
2016-12-09BB- (Stable)2021-11-26B+
2016-02-17BB (Stable)2021-05-28B+
2015-02-09BBB- (Negative)2017-12-01B+
2014-12-12(Negative)2016-12-09BB-2016-02-17B2016-02-17B
2013-01-28(Stable)2016-02-17BB2015-02-09A-32015-02-09A-3
2011-07-20(Negative)2015-02-09BBB-2012-07-20A-22012-07-20A-2
2011-03-18BBB2011-03-18BBB2011-03-18A-32011-03-18A-3
S&P: Long term Rating
Rating Fitch Bahrain
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
2020-08-14B+
2019-11-12BB-2019-11-12B
2019-02-28BB-2019-02-28B
2018-03-01BB-2018-03-01B
2017-06-12BB+2017-06-12B
2020-08-14B+ (Stable)2017-02-15BB+2017-02-15B
2019-11-12BB-2016-07-22BB+2016-07-22B
2019-02-28BB-2016-06-28BB+2016-06-28B
2018-03-01BB- (Stable)2015-12-04BBB2015-12-04F3
2017-06-12BB+ (Negative)2015-06-05BBB2015-06-05F3
2017-02-15BB+ (Stable)2014-12-19BBB+2014-12-19F3
2016-07-22BB+ (Stable)2014-09-24BBB+2014-09-24F3
2016-06-28BB+ (Stable)2014-09-09BBB+2014-09-09F3
2015-12-04BBB- (Negative)2014-08-22BBB+2014-08-22F3
2015-06-05BBB-2014-08-06BBB+2014-08-06F3
2014-12-19BBB2014-07-31BBB+2014-07-31F3
2014-09-24BBB (Stable)2014-07-23BBB+2014-07-23F3
2014-09-09BBB (Stable)2014-06-27BBB+2014-06-27F3
2014-08-22BBB (Stable)2014-06-20BBB+2014-06-20F3
2014-08-06BBB (Stable)2014-05-21BBB+2014-05-21F3
2014-07-31BBB (Stable)2014-05-06BBB+2014-05-06F3
2014-07-23BBB (Stable)2014-04-09BBB+2014-04-09F3
2014-06-27BBB (Stable)2014-04-04BBB+2014-04-04F3
2014-06-20BBB (Stable)2014-03-28BBB+2014-03-28F3
2014-05-21BBB (Stable)2014-03-07BBB+2014-03-07F3
2014-05-06BBB (Stable)2014-02-26BBB+2014-02-26F3
2014-04-09BBB (Stable)2014-01-30BBB+2014-01-30F3
2014-04-04BBB (Stable)2014-01-22BBB+2014-01-22F3
2014-03-28BBB (Stable)2014-01-17BBB+2014-01-17F3
2014-03-07BBB (Stable)2013-12-27BBB+2013-12-27F3
2014-02-26BBB (Stable)2013-11-22BBB+2013-11-22F3
2014-01-30BBB (Stable)2013-10-30BBB+2013-10-30F3
2014-01-22BBB (Stable)2013-10-14BBB+2013-10-14F3
2014-01-17BBB (Stable)2013-09-30BBB+2013-09-30F3
2013-12-27BBB (Stable)2013-08-28BBB+2013-08-28F3
2013-11-22BBB (Stable)2013-07-29BBB+2013-07-29F3
2013-10-30BBB (Stable)2013-07-10BBB+2013-07-10F3
2013-10-14BBB (Stable)2013-06-27BBB+2013-06-27F3
2013-09-30BBB (Stable)2013-05-28BBB+2013-05-28F3
2013-08-28BBB (Stable)2013-05-14BBB+2013-05-14F3
2013-07-29BBB (Stable)2013-03-25BBB+2013-03-25F3
2013-07-10BBB (Stable)2013-03-08BBB+2013-03-08F3
2013-06-27BBB (Stable)2013-02-22BBB+2013-02-22F3
2013-05-28BBB (Stable)2013-02-08BBB+2013-02-08F3
2013-05-14BBB (Stable)2012-11-15BBB+2012-11-15F3
2013-03-25BBB (Stable)2012-10-26BBB+2012-10-26F3
2013-03-08BBB (Stable)2012-09-28BBB+2012-09-28F3
2012-08-17BBB (Stable)2012-08-17BBB+2012-08-17F3
2012-07-23BBB (Stable)2012-07-23BBB+2012-07-23F3
2012-05-21BBB (Stable)2012-05-21BBB+2012-05-21F3
2012-04-26BBB (Stable)2012-04-26BBB+2012-04-26F3
2012-02-24BBB (Stable)2012-02-24BBB+2012-02-24F3
2012-01-24BBB (Stable)2012-01-24BBB+2012-01-24F3
2011-12-20BBB (Stable)2011-12-20BBB+2011-12-20F3
2011-11-17BBB (Stable)2011-11-17BBB+2011-11-17F3
2011-08-03BBB (Stable)2011-08-03BBB+2011-08-03F3
2011-03-15BBB (Negative)2011-03-15BBB+2011-03-15F3
2011-03-03A- (Negative)2011-03-03A2011-03-03F1
2011-02-17A (Negative)2011-02-17A+2011-02-17F1
2007-08-24A (Stable)2007-08-24A+2007-08-24F1
2006-08-17A- (Positive)2006-08-17A2006-08-17F1
2003-01-10A- (Stable)2003-01-10A2003-01-10F1
2002-12-16BBB (Positive)2002-12-16BBB+2002-12-16F3
2001-11-27BBB (Stable)2001-11-27BBB+2001-11-27F32019-11-12B
2000-09-21BBB- (Stable)2000-09-21BBB+2000-09-21F32019-02-28B
2000-02-16BBB-2000-02-16BBB+2000-02-16F32018-03-01B
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