Rating: Finland Credit Rating 2025

Rating Moody's Finland

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
2024-12-13	Aa1 (Stable)
2022-07-29	Aa1 (Stable)
2020-07-24	Aa1 (Stable)	2024-12-13	Aa1
2018-04-27	Aa1 (Stable)	2022-07-29	Aa1
2016-06-03	Aa1 (Stable)	2020-07-24	Aa1
2015-06-05	Aaa (Negative)	2018-04-27	Aa1
2003-11-15	(Stable)	2016-06-03	Aa1
1999-01-01	Aaa	2015-06-05	Aaa
1998-05-04	Aaa	2006-09-22	Aaa
1997-01-15	Aa1	1999-01-01	Aaa
1992-01-13	Aa2	1998-05-04	Aaa			2024-12-13	P-1
1990-10-20	Aa1	1997-01-15	Aaa			2022-07-29	P-1
1986-02-07	Aaa	1992-01-13	Aa2			2020-07-24	P-1
1977-10-19	Aa	1991-09-18	Aa1			2018-04-27	P-1

Moody's: Long term Rating

Rating S&P Finland

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
2016-09-16	(Stable)
2015-09-25	(Negative)
2014-10-10	AA+ (Stable)
2014-04-11	(Negative)
2013-01-14	(Stable)
2012-01-13	(Negative)
2011-12-05	(Negative)	2014-10-10	AA+
2002-02-01	AAA (Stable)	2002-02-01	AAA	1981-11-23	A-1+	1995-08-03	A-1+

S&P: Long term Rating

Rating Fitch Finland

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
		2020-01-24	AA+	2020-01-24	F1+
		2019-07-26	AA+	2019-07-26	F1+
		2019-02-01	AA+	2019-02-01	F1+
2020-01-24	AA+	2018-08-03	AA+	2018-08-03	F1+
2019-07-26	AA+	2018-02-09	AA+	2018-02-09	F1+
2019-02-01	AA+	2017-08-11	AA+	2017-08-11	F1+
2018-08-03	AA+ (Positive)	2017-02-17	AA+	2017-02-17	F1+
2018-02-09	AA+ (Stable)	2016-09-02	AA+	2016-09-02	F1+
2017-08-11	AA+ (Stable)	2016-07-22	AA+	2016-07-22	F1+
2017-02-17	AA+ (Stable)	2016-03-11	AA+	2016-03-11	F1+
2016-09-02	AA+ (Stable)	2015-09-18	AAA	2015-09-18	F1+
2016-07-22	AA+ (Stable)	2015-03-20	AAA	2015-03-20	F1+
2016-03-11	AA+ (Stable)	2014-10-01	AAA	2014-10-01	F1+
2015-09-18	AAA	2014-09-26	AAA	2014-09-26	F1+
2015-03-20	AAA	2014-09-03	AAA	2014-09-03	F1+
2014-10-01	AAA (Stable)	2014-08-28	AAA	2014-08-28	F1+
2014-09-26	AAA (Stable)	2014-05-22	AAA	2014-05-22	F1+
2014-09-03	AAA (Stable)	2014-03-28	AAA	2014-03-28	F1+
2014-08-28	AAA (Stable)	2014-02-11	AAA	2014-02-11	F1+
2014-05-22	AAA (Stable)	2013-11-27	AAA	2013-11-27	F1+
2014-03-28	AAA (Stable)	2013-10-24	AAA	2013-10-24	F1+
2014-02-11	AAA (Stable)	2013-10-10	AAA	2013-10-10	F1+
2013-11-27	AAA (Stable)	2013-07-29	AAA	2013-07-29	F1+
2013-10-24	AAA (Stable)	2013-06-21	AAA	2013-06-21	F1+
2013-10-10	AAA (Stable)	2013-05-29	AAA	2013-05-29	F1+
2013-07-29	AAA (Stable)	2013-05-03	AAA	2013-05-03	F1+
2013-06-21	AAA (Stable)	2013-03-08	AAA	2013-03-08	F1+
2013-05-29	AAA (Stable)	2013-02-12	AAA	2013-02-12	F1+
2013-05-03	AAA (Stable)	2012-11-29	AAA	2012-11-29	F1+
2013-03-08	AAA (Stable)	2012-11-19	AAA	2012-11-19	F1+
2012-07-03	AAA (Stable)	2012-09-04	AAA	2012-09-04	F1+
2012-05-29	AAA (Stable)	2012-07-03	AAA	2012-07-03	F1+
2012-04-30	AAA (Stable)	2012-05-29	AAA	2012-05-29	F1+
2012-02-24	AAA (Stable)	2012-04-30	AAA	2012-04-30	F1+
2012-01-24	AAA (Stable)	2012-02-24	AAA	2012-02-24	F1+
2011-10-28	AAA (Stable)	2012-01-24	AAA	2012-01-24	F1+
2011-07-20	AAA (Stable)	2011-10-28	AAA	2011-10-28	F1+
2000-09-21	AAA (Stable)	2011-07-20	AAA	2011-07-20	F1+
1998-08-05	AAA	2000-09-21	AAA	2000-09-21	F1+
1998-07-14	AA+	1998-08-05	AAA	1998-08-05	F1+
1997-04-29	AA+	1998-07-14	AA+	1998-07-14	F1+	2020-01-24	F1+
1996-03-12	AA	1997-04-29	AAA	1997-04-29	F1+	2019-07-26	F1+
1995-10-26	AA-	1996-03-12	AAA	1996-03-12	F1+	2019-02-01	F1+
1994-08-10	AA-	1995-10-26	AAA	1995-10-26	F1+	2018-08-03	F1+

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
Extremely speculative			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