(The following statement was released by the rating agency)
MOSCOW, December 02 (Fitch) Fitch Ratings has affirmed the
Russian Republic of
Tatarstan's Long-Term Foreign and Local Currency Issuer Default
Ratings (IDRs)
at 'BBB-', Short-Term Foreign Currency IDR at 'F3' and National
Long-Term rating
at 'AAA(rus)'. The ratings are on Stable Outlook.
The affirmation reflects Fitch's unchanged base case scenario of
Tatarstan's
strong budgetary performance and moderate debt.
KEY RATING DRIVERS
Ta
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