Credit FAQ: What?s Behind Standard & Poor?s Upgrade Of Bolivia? Jun 12

Standard & Poors, June 2012

Abstract
On May 18, 2012, Standard & Poor's Ratings Services upgraded Bolivia to 'BB-' from 'B+'. Below, we answer questions that investors and other market participants have asked us about the rating action and our view of Bolivia's ongoing credit quality. (And watch the related CreditMatters TV segment titled, "What Triggered Standard & Poor-s Recent Rating Actions On Ecuador And Bolivia," dated June 18, 2012.) The sovereign upgrade of Bolivia reflected the government's lower debt coupled with the country's stronger external indicators--one of the strongest among its peers. The general government debt burden fell to 31% of GDP in 2011 from 36% of GDP in 2010 due in part to the government's low fiscal deficit and high nominal GDP growth. Years...

Companies mentioned in this report are:
- Bolivia (Plurinational State of)

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: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

- Bolivia (Plurinational State of)

Customers who bought this item also bought

• Charter Schools - Global Outlook
• eLEARNING - Global Strategic Business Report
• Aerospace and Defense Industry - Global Strategic Business Report
• North America – Smart Weapons Markets and Technologies Outlook – 2013-2020
• Sports and Fitness Nutrition - Global Strategic Business Report
• Education Services - Global Strategic Business Report
• Aerospace and Defense Industry - Global Outlook
• Commercial And Military Flight Simulation - Global Strategic Business Report
• Directory of South & Central American Libraries 2013
• The Global UAV Payload Market 2012-2022