Rating: Ukraine Credit Rating 2024

Rating Moody's Ukraine

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
2023-02-10	Ca (Stable)
2022-05-20	Caa3 (Negative)
2022-03-04	Caa2
2022-02-25	(Under Review)
2020-06-12	B3 (Stable)
2019-11-22	Caa1 (Positive)
2018-12-21	Caa1 (Stable)
2017-08-25	Caa2 (Positive)
2015-11-19	Caa3 (Stable)
2015-03-24	Ca (Negative)
2014-04-04	Caa3 (Negative)	2023-02-10	Ca
2014-01-31	Caa2 (Negative)	2022-05-20	Caa3
2013-09-20	Caa1 (Under Review)	2022-03-04	Caa2
2012-12-05	B3	2020-06-12	B3
2011-12-15	(Negative)	2019-11-22	Caa1
2010-10-11	(Stable)	2018-12-21	Caa1
2009-05-12	B2 (Negative)	2017-08-25	Caa2
2009-02-24	(Under Review)	2015-11-19	Caa3
2008-10-20	(Stable)	2015-03-24	Ca
2008-08-08	B1 (Positive)	2014-04-04	Caa3
2008-03-28	(Under Review)	2014-01-31	Caa2
2006-11-10	(Positive)	2013-09-20	Caa1
2005-02-17	(Stable)	2012-12-05	B3
2004-09-08	(Positive)	2009-05-12	B2
2003-11-15	(Stable)	2008-08-08	B1
2003-11-10	B1	2003-11-10	B1
2002-01-24	B2	2002-01-24	B2
2000-01-05	Caa1	2001-11-20	Caa1
1998-09-09	B3	2000-01-05	Caa3
1998-02-06	B2	1999-02-22	Ca

Moody's: Long term Rating

Rating S&P Ukraine

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
2024-03-08	CC (Negative)
2023-04-06	CCC (Negative)
2022-08-19	CCC+ (Stable)
2022-08-12	SD
2022-07-29	CC (Negative)
2022-05-27	CCC+ (Negative)
2022-02-25	B-
2019-09-27	B (Stable)
2015-10-19	B- (Stable)	2022-08-19	CCC+
2015-09-25	SD	2022-08-12	CCC+
2015-04-10	CC (Negative)	2022-05-27	B-
2014-12-19	CCC- (Negative)	2022-02-25	B-	2022-08-19	C
2014-07-11	(Stable)	2019-09-27	B	2022-08-12	SD
2014-02-21	CCC (Negative)	2015-10-19	B-	2022-05-27	C	2022-08-12	C
2014-01-29	CCC+	2014-12-19	CCC+	2022-02-25	B	2022-05-27	B
2013-11-01	B- (Negative)	2013-11-01	B-	2015-10-19	B	2022-02-25	B
2012-12-07	B (Negative)	2012-12-07	A-	2015-09-25	D	2015-10-19	B
2012-03-15	(Negative)	2012-03-15	A+	2014-01-28	C	2014-12-19	C
2010-07-29	B+ (Stable)	2011-09-13	B+	2010-05-17	B	2010-03-11	B

S&P: Long term Rating

Rating Fitch Ukraine

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
		2022-07-22	CCC-
		2022-02-25	CCC	2022-02-25	C
		2020-04-22	B	2020-04-22	B
		2020-03-06	B	2020-03-06	B
2022-08-17	CC	2019-09-06	B	2019-09-06	B
2022-08-12	RD	2019-03-08	B-	2019-03-08	B
2022-07-22	C	2018-10-26	B-	2018-10-26	B
2022-02-25	CCC	2018-04-27	B-	2018-04-27	B
2020-04-22	B	2017-10-27	B-	2017-10-27	B
2020-03-06	B	2017-04-28	B-	2017-04-28	B
2019-09-06	B (Positive)	2016-11-11	B-	2016-11-11	B
2019-03-08	B-	2016-07-22	CCC	2016-07-22	C
2018-10-26	B-	2016-05-13	CCC	2016-05-13	C
2018-04-27	B- (Stable)	2015-11-18	CCC	2015-11-18	C
2017-10-27	B- (Stable)	2015-10-06	CCC	2015-10-06	RD
2017-04-28	B- (Stable)	2015-08-27	CCC	2015-08-27	C
2016-11-11	B- (Stable)	2015-08-07	CCC	2015-08-07	C
2016-07-22	CCC	2015-02-13	CCC	2015-02-13	C
2016-05-13	CCC	2014-09-29	CCC	2014-09-29	C
2015-11-18	CCC	2014-08-29	CCC	2014-08-29	C
2015-10-06	RD	2014-08-22	CCC	2014-08-22	C
2015-08-27	C	2014-08-13	B-	2014-08-13	C
2015-08-07	CC	2014-08-05	B-	2014-08-05	C
2015-02-13	CC	2014-06-26	B-	2014-06-26	C
2014-09-29	CCC	2014-05-06	B-	2014-05-06	C
2014-08-29	CCC	2014-02-28	B-	2014-02-28	C
2014-08-22	CCC	2014-02-07	B-	2014-02-07	C
2014-08-13	CCC	2014-01-23	B-	2014-01-23	B
2014-08-05	CCC	2013-12-30	B-	2013-12-30	B
2014-06-26	CCC	2013-12-19	B-	2013-12-19	B
2014-05-06	CCC	2013-11-28	B-	2013-11-28	B
2014-02-28	CCC	2013-11-08	B-	2013-11-08	B
2014-02-07	CCC	2013-09-30	B	2013-09-30	B
2014-01-23	B- (Negative)	2013-08-30	B	2013-08-30	B
2013-12-30	B- (Negative)	2013-07-29	B	2013-07-29	B
2013-12-19	B- (Negative)	2013-06-28	B	2013-06-28	B
2013-11-28	B- (Negative)	2013-05-28	B	2013-05-28	B
2013-11-08	B- (Negative)	2013-03-08	B	2013-03-08	B
2013-09-30	B (Negative)	2013-02-19	B	2013-02-19	B
2013-08-30	B (Negative)	2013-02-08	B	2013-02-08	B
2013-07-29	B (Negative)	2012-11-23	B	2012-11-23	B
2013-06-28	B (Negative)	2012-11-16	B	2012-11-16	B
2013-05-28	B (Stable)	2012-10-08	B	2012-10-08	B
2013-03-08	B (Stable)	2012-09-27	B	2012-09-27	B
2012-08-09	B (Stable)	2012-08-09	B	2012-08-09	B
2012-07-18	B (Stable)	2012-07-18	B	2012-07-18	B
2012-04-26	B (Stable)	2012-04-26	B	2012-04-26	B
2011-10-19	B (Stable)	2011-10-19	B	2011-10-19	B
2011-09-02	B	2011-09-02	B	2011-09-02	B
2011-07-21	B (Positive)	2011-07-21	B	2011-07-21	B
2010-07-06	B (Stable)	2010-07-06	B	2010-07-06	B
2010-03-17	B- (Stable)	2010-03-17	B-	2010-03-17	B
2009-11-12	B- (Negative)	2009-11-12	B-	2009-11-12	B
2009-02-13	B (Negative)	2009-02-13	B	2009-02-13	B
2008-10-17	B+ (Negative)	2008-10-17	B+	2008-10-17	B
2008-09-25	BB- (Negative)	2008-09-25	BB-	2008-09-25	B
2008-05-14	BB- (Stable)	2008-05-14	BB-	2008-05-14	B
2006-10-25	BB- (Positive)	2006-10-25	BB-	2006-10-25	B	2022-02-25	C
2006-01-12	BB- (Stable)	2006-01-12	BB-	2006-01-12	B	2020-04-22	B
2005-06-08	BB- (Positive)	2005-06-08	BB-	2005-06-08	B	2020-03-06	B
2005-01-21	BB- (Stable)	2005-01-21	BB-	2005-01-21	B	2019-09-06	B
2003-06-25	B+ (Stable)	2003-06-25	B+	2003-06-25	B	2019-03-08	B
2002-03-26	B (Stable)	2002-03-26	B	2002-03-26	B	2018-10-26	B
2001-06-13	B- (Stable)	2001-06-13	B-	2001-06-13	B	2018-04-27	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
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