A Sturdy Credit Outlook
August 2008 | Economic AnalysisIf you would like to subscribe to Caribbean Monitor and gain instant access to this article, please click here to subscribe.
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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.