Investor Presentaiton
7
Uruguay's is an investment grade, low-beta country
Uruguay's sovereign credit ratings
(As of December 2021)
Baa2/BBB
/BBB
Baa3/BBB-
/BBB (low)
Investment
Grade
Latest credit rating action (2)
December 2021. Confirmed Uruguay's
Fitch Ratings rating at BBB-, and improved outlook
DBRS
to stable from negative.
November 2021. Uruguay's rating
affirmed at BBB (low), and improved
the outlook to positive from stable.
MOODY'S
INVESTORS SERVICE
August 2021. Affirmed Uruguay's rating
at Baa2, outlook remained stable.
R&I
June 2021. Confirmed Uruguay's rating
at BBB with positive trend.
Moody's R&I S&P DBRS Fitch
Outlook: (Stable) (Positive) (Stable) (Positive) (Stable)
STANDARD & POOR'S
RATINGS SERVICES
MCGRAW HILL FINANCIAL
April 2021. Affirmed Uruguay's rating
at BBB with stable trend.
(1) Source: Moody's, S&P, R&I, DBRS-Morningstar and Fitch.
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