Cyprus - Sovereign Ratings Upgraded; Outlook Remains Positive

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has upgraded the Republic of Cyprus' Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) to 'BBB' and 'A2', respectively, from 'BBB-' and 'A3'. The Outlook for the ratings remains Positive.

Attachments

• Rating Announcement (CRA)
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• Sovereign Rating Report (Cyprus)
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