S&P Report Says Swedish Public Finance System For Local And Regional Governments Ranks In Highest Category May 11
Standard & Poors, May 2011
Abstract
STOCKHOLM (Standard & Poor's) May 19, 2011--In a report published today, titled Public Finance System Overview: Swedish Local And Regional Governments, Standard & Poor's Ratings Services said that it considers the institutional framework for local and regional governments (LRGs) that operate in the Kingdom of Sweden (AAA/Stable/A-1+) to be among the most supportive worldwide. As a consequence, Standard & Poor's assigns the Swedish system its highest score of '1' in its overall analysis (on a scale of 1 to 6). "Swedish LRGs operate within a mature institutional system where the process for implementing reforms and amendments is transparent and consensual, and thus the outcome is usually predictable," said Standard & Poor's credit analyst Gabriel Forss. The Swedish constitution provides that...
Companies mentioned in this report are:
- Stockholm (City of)
- Goteborg (City of)
- Uppsala (City of)
- Taby (Municipality of)
- Norrkoping (Municipality of)
- Vasteras (City of)
- Helsingborg (City of)
- Stockholm County Council
- Sundsvall (Municipality of)
- Vastra Gotaland (Region of)
- Malmo (City of)
- Lund (Municipality of)
- Orebro (Municipality of)
- Huddinge (Municipality of)
Action: General Comment
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
- Stockholm (City of)
- Goteborg (City of)
- Uppsala (City of)
- Taby (Municipality of)
- Norrkoping (Municipality of)
- Vasteras (City of)
- Helsingborg (City of)
- Stockholm County Council
- Sundsvall (Municipality of)
- Vastra Gotaland (Region of)
- Malmo (City of)
- Lund (Municipality of)
- Orebro (Municipality of)
- Huddinge (Municipality of)
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