The Province currently receives credit ratings from; Moody's Investors Service (Moody's); Standard & Poor's Ratings Services (S&P); and Dominion Bond Rating Service (DBRS). These firms provide an independent assessment of the credit worthiness of the Province of Newfoundland and Labrador, typically providing a credit rating for the short-term debt, long-term debt, and a ratings outlook for the long-term debt rating.
The following table provides the Province's current credit ratings.
Credit Rating Agency | Short-term Debt | Long-term Debt | Ratings Outlook |
---|---|---|---|
Moody's | n.a. | A1 | Stable |
S&P | A-1 | A | Stable |
DBRS | R-1 (low) | A | Stable |