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Economy / Trinidad & Tobago

A Sturdy Credit Outlook

August 2008 | Economic Analysis

BMI View: To a certain extent, an assessment of Trinidad & Tobago's creditworthiness reflects the sustainability of the recent commodities boom, such has been the importance of the energy sector in bolstering the country's external position. At B+, the twin island nation ranks in the upper reaches of our proprietary Sovereign Risk Ratings. What is more, we believe that the credit is well positioned to face any medium-term downturn in the energy cycle. BMI View: To a certain extent, an assessment of Trinidad & Tobago's creditworthiness reflects the sustainability of the recent commodities boom, such has been the importance of the energy sector in bolstering the country's external position. At B+, the twin island nation ranks in the upper reaches of our proprietary Sovereign Risk Ratings. What is more, we believe that the credit is well positioned to face any medium-term downturn in the energy cycle.

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