Turkey Credit Ratings

https://wolfstreet.com/credit-rating-scales-by-moodys-sp-and-fitch/

Turkey credit ratings stories on Intellinews Pro: https://pro.intellinews.com/search/?search_by=credit+rating&search_type=2&sort_by=0&publication=1001&date_start=&date_stop=&type=0&article_topic=&year=0&article_geo=

Turkey stories on Fitch Ratings: https://pro.intellinews.com/search/?search_by=fitch+ratings&search_type=2&sort_by=0&publication=1001&date_start=&date_stop=&type=0&article_topic=&year=0&article_geo=

Turkey stories on Moody’s: https://pro.intellinews.com/search/?search_by=moody%27s&search_type=2&sort_by=0&publication=1001&date_start=&date_stop=&type=0&article_topic=&year=0&article_geo=

Turkey stories on S&P: https://pro.intellinews.com/search/?search_by=s%26p&search_type=2&sort_by=0&publication=1001&date_start=&date_stop=&type=0&article_topic=&year=0&article_geo=

Turkey Sovereign Rating

Last update March 10, 2024: Turkey currently has a B+/Positive rating, four notches below investment grade, from Fitch Ratings, a B3/Positive, six notches below investment grade, from Moody’s Investors Service and a B/Positive, five notches below investment grade, from S&P Global Ratings.

For further developments please check: https://tradingeconomics.com/turkey/rating

Moody’s Turkey: https://www.moodys.com/credit-ratings/Turkiye-Government-of-credit-rating-768337/reports?category=Ratings_and_Assessments_Reports_rc%7CIssuer_Reports_rc&type=Rating_Action_rc%7CAnnouncement_rc%7CAnnouncement_of_Periodic_Review_rc,Credit_Opinion_ir_rc%7CIssuer_Comment_rc%7CIssuer_in_Depth_rc

S&P Turkey: https://disclosure.spglobal.com/ratings/en/regulatory/org-details/sectorCode/SOV/entityId/112159

Fitch Turkey: https://www.fitchratings.com/entity/turkiye-80442217

Last action, March 2024: Fitch upgrades Turkey to four notches below investment grade: https://pro.intellinews.com/fitch-upgrades-turkey-to-four-notches-below-investment-grade-316155/?source=turkey

In December and September 2023, S&P delivered two Turkey outlook upgrades. In January, Moody’s delivered an outlook upgrade.

More upgrades will follow should Turkey’s monetary normalisation policy remain in effect.

Fitch has scheduled its next Turkey review on September 6, 2024. S&P has noted May 3 and November 1 for Turkey review while Moody’s has announced July 19.