Riesgo País

Clasificación de riesgo país o sovereign risk

Clasificación de riesgo país según las tres principales calificadoras

	Moody’s	Standard and Poor’s	Fitch Ratings
Investment Grade
Highest Quality	Aaa	AAA	AAA
High Quality	Aa1, Aa2, Aa3	AA+, AA, AA-	AA+, AA, AA-
Upper Medium	A1, A2, A3	A+, A, A-	A+, A, A-
Medium	Baa1, Baa2, Baa3	BBB+, BBB, BBB-	BBB+, BBB, BBB-
Not Investment Grade	Ba1	BB+	BB+
Speculative Medium	Ba2, Ba3	BB, BB-	BB, BB-
Speculative Lower Grade	B1, B2, B3	B+, B, B-	B+, B, B-
Speculative Risky	Caa1	CCC+	CCC
Speculative Poor Standing	Caa2, Caa3	CCC, CCC-	–
No Payments / Bankruptcy	Ca / C	–	–
In Default	–	D	DDD, DD, D

 

 The Economist

Band	Characteristics
AAA	Capacity and commitment to honour obligations not in question under any foreseeable circumstances.
AA	Capacity and commitment to honour obligations not in question.
A	Capacity and commitment to honour obligations strong.
BBB	Capacity and commitment to honour obligations currently but somewhat susceptible to changes in economic climate.
BB	Capacity and commitment to honour obligations currently but susceptible to changes in economic climate.
B	Capacity and commitment to honour obligations currently but very susceptible to changes in economic climate.
CCC	Questionable capacity and commitment to honour obligations. Patchy payment record.
CC	Somewhat weak capacity and commitment to honour obligations. Patchy payment record. Likely to be in default on some obligations.
C	Weak capacity and commitment to honour obligations. Patchy payment record. Likely to be in default on significant amount of obligations.
D	Very weak capacity and commitment to honour obligations. Poor payment record. Currently in default on significant amount of obligations.