Fitch Confirms Investment Grade Status

June 2008 | Data Release

Two down, one to go. Following Fitch's decision to bump up Brazil's sovereign credit rating one notch to BBB-, a move that comes less than a month after a similar upgrade by Standard & Poor's (S&P), the country can now truly be considered part of the investment grade elite. While Fitch's announcement was a poorly-kept secret (the market had been expecting an upgrade for weeks), the move itself is by no means insignificant.

If you would like to subscribe to Brazil Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Brazil Monitor please click on the trial link below.