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
18 November 2021

Ireland sells €750m of Treasury Bills by auction

Read More
15 November 2021

Auction of Irish Treasury Bills

Read More
11 November 2021

Ireland sells €1 billion of bonds maturing in 2028 and 2031 by auction

Read More
8 November 2021

NTMA to hold bond auction on 11th November 2021

Read More
27 October 2021

NTMA cancels €500 million of the Irish Floating Rate Treasury Bond 2051

Read More
26 October 2021

NTMA Institutional Investor Presentation, October 2021

Read More