Scribd
Upload
222 views1 page

Annexure - 1 Table 2.3 (A) Long-Term Rating Grades Mapping: SBP Rating Grade Fitch Moody's S&P

1) The document maps long-term and short-term credit rating grades between the State Bank of Pakistan (SBP) and three credit rating agencies: Fitch, Moody's, and S&P. 2) For long-term ratings, it places SBP grades 1 through 6 against equivalent grades from the three agencies, with 1 being the highest credit quality and 6 being the lowest. 3) For short-term ratings, it lists SBP grades S1 through S4 against short-term grades from the same three agencies, with S1 being the best credit quality.

Uploaded by

Sidrah Shaikh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
222 views1 page

Annexure - 1 Table 2.3 (A) Long-Term Rating Grades Mapping: SBP Rating Grade Fitch Moody's S&P

1) The document maps long-term and short-term credit rating grades between the State Bank of Pakistan (SBP) and three credit rating agencies: Fitch, Moody's, and S&P. 2) For long-term ratings, it places SBP grades 1 through 6 against equivalent grades from the three agencies, with 1 being the highest credit quality and 6 being the lowest. 3) For short-term ratings, it lists SBP grades S1 through S4 against short-term grades from the same three agencies, with S1 being the best credit quality.

Uploaded by

Sidrah Shaikh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

Annexure – 1

Table 2.3 (a)

Long-Term Rating Grades Mapping

SBP Rating
Fitch Moody’s S&P
Grade
AAA Aaa AAA
AA+ Aa1 AA+
1
AA Aa2 AA
AA- Aa3 AA-
A+ A1 A+
2 A A2 A
A- A3 A-
BBB+ Baa1 BBB+
3 BBB Baa2 BBB
BBB- Baa3 BBB-
BB+ Ba1 BB+
4 BB Ba2 BB
BB- Ba3 BB-
B+ B1 B+
5 B B2 B
B- B3 B-
CCC+ and CCC+ and
6 Caa1 and below
below below

Short-Term Rating Grades Mapping

SBP Rating
Grade
Fitch Moody’s S&P
S1 F1 P-1 A-1+, A-1
S2 F2 P-2 A-2
S3 F3 P-3 A-3
S4 Others Others Others

You might also like