BRIEF-S&P Says Finland 'AA+/A-1+' Ratings Affirmed Outlook Stable

BY Reuters | CORPORATE | 07/01/22 04:13 PM EDT

July 1 (Reuters) -

* S&P SAYS FINLAND 'AA+/A-1+' RATINGS AFFIRMED; OUTLOOK STABLE

* S&P ON FINLAND SAYS THE RUSSIA-UKRAINE CONFLICT WILL WEIGH ON FINLAND'S ECONOMY

* S&P ON FINLAND SAYS RUSSIA-UKRAINE WAR'S OVERALL IMPACT ON FINLAND'S FISCAL AND BALANCE OF PAYMENTS POSITIONS APPEARS MANAGEABLE

* S&P ON FINLAND SAYS DIVERSIFICATION OF ENERGY SOURCES AWAY FROM RUSSIA IS PROGRESSING SWIFTLY

* S&P ON FINLAND SAYS EFFECTIVE EFFORTS TO REDUCE ITS TRADE EXPOSE TO RUSSIA WILL MITIGATE WAR'S LONG-TERM IMPACT Source text for Eikon:

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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