The country’s current debt rating is maintained.

Moody’s Investors Service did not negotiate with Hungary on the first date of this year for normal credit ratings. Moody’s maintains a “Baa3” rating for Hungary’s sovereign debt, which is only one notch above the non-recommended level for investment. The methodology of the other two main credit rating agencies, Fitch Ratings and Standard & Poor’s, corresponds to a “BBB minus”, which is one level worse than their ratings. Moody’s, on the other hand, has given the rating a positive outlook since September last year, suggesting the possibility of an upgrade.

However, this has not changed now and the credit rating agency has not issued a statement analyzing the situation in Hungary.

For the first time, Hungary was on Moody’s agenda for 2021. The other two global credit rating agencies, Standard & Poor’s and Fitch Ratings, already conducted their first review of Hungarian debt ratings this year, both on February 12. , when they confirmed the Hungarian sovereign debt ratings with a stable outlook unchanged.

By default, Moody’s will re-examine the Hungarian government debt rating on September 24 of this year. Next time, S&P will put Hungary’s ratings test on the agenda on August 13 and Fitch on July 30.



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