Rating Moody's Ghana
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
Rating S&P Ghana
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
2022-12-20SD
2022-12-06CC (Negative)
2022-08-05CCC+ (Negative)
2020-09-11B- (Stable)2023-02-24CCC+
2020-04-30(Negative)2022-12-06SD
2018-09-14B (Stable)2022-08-05CCC+
2017-10-06(Positive)2020-09-11B-
2014-10-24B- (Stable)2018-09-14B2022-12-20SD
2013-12-06(Negative)2014-10-24B-2022-08-05C2022-08-05C
2010-08-27B (Stable)2010-08-27B2003-09-04B2003-09-04B
S&P: Long term Rating
Rating Fitch Ghana
Long term RatingShort term Rating
Foreign currencyLocal currencyForeign currencyLocal currency
DateRating(Outlook)DateRatingDateRatingDateRating
2023-04-21RD
2023-03-22CCC
2023-02-14RD
2022-12-08C
2022-09-23CC
2022-08-10CCC
2023-02-21RD2022-01-14B-
2022-12-21C2020-04-21B2022-08-10C
2022-09-23CC2019-10-11B2020-04-21B
2022-08-10CCC2019-03-18B2019-10-11B
2022-01-14B- (Negative)2018-08-31B2019-03-18B
2020-04-21B2017-09-15B2018-08-31B
2019-10-11B2017-05-12B2017-09-15B
2019-03-18B2016-09-29B2017-05-12B
2018-08-31B (Stable)2016-07-22B2016-09-29B
2017-09-15B (Stable)2016-03-24B2016-07-22B
2017-05-12B (Stable)2015-09-18B2016-03-24B
2016-09-29B (Negative)2015-03-20B2015-09-18B
2016-07-22B (Negative)2014-09-26B2015-03-20B
2016-03-24B (Negative)2014-09-19B2014-09-26B
2015-09-18B (Negative)2014-09-12B2014-09-19B
2015-03-20B2014-09-05B2014-09-12B
2014-09-26B (Negative)2014-08-13B2014-09-05B
2014-09-19B (Negative)2014-08-05B2014-08-13B
2014-09-12B (Negative)2014-07-31B2014-08-05B
2014-09-05B (Negative)2014-07-23B2014-07-31B
2014-08-13B (Negative)2014-06-27B2014-07-23B
2014-08-05B (Negative)2014-06-17B2014-06-27B
2014-07-31B (Negative)2014-06-10B2014-06-17B
2014-07-23B (Negative)2014-05-27B2014-06-10B
2014-06-27B (Negative)2014-05-22B2014-05-27B
2014-06-17B (Negative)2014-05-15B2014-05-22B
2014-06-10B (Negative)2014-04-30B2014-05-15B
2014-05-27B (Negative)2014-04-24B2014-04-30B
2014-05-22B (Negative)2014-04-07B2014-04-24B
2014-05-15B (Negative)2014-03-31B2014-04-07B
2014-04-30B (Negative)2014-03-28B2014-03-31B
2014-04-24B (Negative)2014-03-20B2014-03-28B
2014-04-07B (Negative)2014-02-26B2014-03-20B
2014-03-31B (Negative)2014-01-31B2014-02-26B
2014-03-28B (Negative)2014-01-22B2014-01-31B
2014-03-20B (Stable)2014-01-16B2014-01-22B
2014-02-26B (Stable)2013-12-16B2014-01-16B
2014-01-31B (Stable)2013-12-12B2013-12-16B
2014-01-22B (Stable)2013-12-03B2013-12-12B
2014-01-16B (Stable)2013-11-18B2013-12-03B
2013-12-16B (Stable)2013-10-17B2013-11-18B
2013-12-12B (Stable)2013-08-09B+2013-10-17B
2013-12-03B (Stable)2013-07-26B+2013-08-09B
2013-11-18B (Stable)2013-06-07B+2013-07-26B
2013-10-17B (Stable)2013-05-14B+2013-06-07B
2013-08-09B+ (Negative)2013-03-28B+2013-05-14B
2013-07-26B+ (Negative)2013-03-07B+2013-03-28B
2013-06-07B+ (Negative)2013-02-19B+2013-03-07B
2013-05-14B+ (Negative)2012-11-14B+2013-02-19B
2013-03-28B+ (Negative)2012-09-21B+2012-11-14B
2013-03-07B+ (Negative)2012-08-17B+2012-09-21B
2012-08-17B+ (Stable)2012-07-06B+2012-08-17B
2012-07-06B+ (Stable)2011-09-23B+2012-07-06B
2011-09-23B+ (Stable)2010-09-24B+2011-09-23B
2010-09-24B+ (Stable)2009-03-03B+2010-09-24B
2009-03-03B+ (Negative)2008-02-07B+2009-03-03B2022-08-10C
2008-02-07B+ (Stable)2006-02-01B+2008-02-07B2020-04-21B
2006-02-01B+ (Positive)2005-03-17B+2006-02-01B2019-10-11B
2005-03-17B+ (Stable)2003-12-02B2005-03-17B2019-03-18B
2003-12-02B (Positive)0000-00-00CCC+2003-12-02B2018-08-31B
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