Friday, March 25, 2016

Fitch Affirms Lithuania at 'A-'; Outlook Stable

(The following statement was released by the rating agency) LONDON, March 25 (Fitch) Fitch Ratings has affirmed Lithuania's Long-term foreign and local currency Issuer Default Ratings (IDR) at A-', with Stable Outlooks. The issue ratings on Lithuania's senior unsecured foreign and local currency bonds have also been affirmed at 'A-'. The Country Ceiling has been affirmed at 'AAA' and the Short-term foreign currency IDR at 'F1'. KEY RATING DRIVERS Lithuania's ratings are supported by institu


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