NTMA welcomes Moody's upgrade of Ireland's sovereign credit rating to A2, stable outlook

15 September 2017 - The National Treasury Management Agency (NTMA) welcomes today's upgrade by Moody's of Ireland's sovereign credit rating to A2 with a STABLE outlook.

Moody's also upgraded the short-term rating to P-1.

Moody's cited continued strong economic growth and improved public finances, with the budget deficit approaching balance and public debt on a downward trend.

NTMA Director of Funding and Debt Management Frank O'Connor said:

"This upgrade is welcome news and reflects the ongoing improvements in Ireland's debt dynamics. Today's upgrade brings Ireland's rating above the mean A range across the main ratings agencies, which is a significant positive for investors who look to the average".

Latest News
9 July 2026

Ireland sells €1.25 billion of bonds maturing in 2036 and 2055 by auction

Read More
8 July 2026

NTMA publishes 2026 mid-year business update

Read More
6 July 2026

NTMA to hold scheduled bond auction on 9th July 2026

Read More
1 July 2026

NTMA Issuance Schedule for Quarter 3, 2026

Read More
13 May 2026

Ireland raises €2 billion through the syndicated tap of the 2043 Irish Sovereign Green Bond

Read More
12 May 2026

Ireland - €2bn no-grow tap of October-43 Green Benchmark – Mandate Announcement

Read More