BRIEF-Moody's Ratings Upgrades Mongolia's Rating To B1; Outlook Stable

BY Reuters | CORPORATE | 10/16/25 05:32 AM EDT

Oct 16 (Reuters) - Moody's:

* MOODY'S RATINGS UPGRADES MONGOLIA'S RATING TO B1; OUTLOOK STABLE

* MOODY'S: UPGRADE OF MONGOLIA'S RATINGS TO B1 REFLECTS OUR EXPECTATION OF MORE STABLE ECONOMIC GROWTH

* MOODY'S: RAISED MONGOLIA'S LOCAL-CURRENCY COUNTRY CEILINGS TO BA2 FROM BA3 PREVIOUSLY

* MOODY'S ON MONGOLIA: UPGRADE ALSO REFLECTS CONTINUED TRACTION ON REFORMS IN GOVERNANCE AND INSTITUTIONAL EFFECTIVENESS

* MOODY'S: MONGOLIA'S FOREIGN-CURRENCY COUNTRY CEILING RAISED TO B1 FROM B2

* MOODY'S: EXPECT MONGOLIA TO MAINTAIN MARKET ACCESS AT COSTS THAT ARE NOT PROHIBITIVE Source text:

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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