Small font size A Larger text size A Largest text size A

BRIEF-Moody's Ratings Upgrades Brazil's Ratings To Ba1 And Maintains Positive Outlook

BY Reuters | CORPORATE | 10/01/24 04:51 PM EDT

Oct 1 (Reuters) - Moody's:

* MOODY'S RATINGS UPGRADES BRAZIL'S RATINGS TO BA1 AND MAINTAINS POSITIVE OUTLOOK

* MOODY'S ON BRAZIL: UPGRADE REFLECTS MATERIAL CREDIT IMPROVEMENTS WHICH WE EXPECT TO CONTINUE

* MOODY'S ON BRAZIL: IN NEXT FEW YEARS, SEE GROWTH TO REMAIN BROAD-BASED WITH DOMESTIC DEMAND PROPELLED BY A RELATIVELY STRONG LABOR MARKET

* MOODY'S: BRAZIL'S LOCAL-CURRENCY COUNTRY CEILING IS POSITIONED FOUR NOTCHES ABOVE SOVEREIGN RATING AT A3 FROM BAA1

* MOODY'S: BRAZIL'S FOREIGN-CURRENCY COUNTRY CEILING IS UPGRADED TO BAA1 FROM BAA2

* MOODY'S ON BRAZIL: GRADUAL FISCAL CONSOLIDATION IN LINE WITH TARGETS WILL CONTAIN INCREASE IN DEBT AND BUILD FISCAL POLICY CREDIBILITY Source text for Eikon:

More Fixed Income News

Bank of England governor to visit China with finance minister, Sky News says BY Reuters |ECONOMIC 08:36 AM EST
BOE governor, FCA chief to join Reeves on China visit next month, Sky News reports BY Reuters |ECONOMIC 08:12 AM EST
Form 424B2 ROYAL BANK OF CANADA BY EDGAR SEC Filings |ECONOMIC 12/20/24 05:07 PM EST
Municipals close tumultuous week steadier, but damage done to returns BY SourceMedia Bond Buyer |MUNICIPAL 12/20/24 04:34 PM EST

All Fixed Income News

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.

fir_news_article