Macao, China
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Contents
01Ratings
Rating | Action | Date | Type |
---|---|---|---|
AA | Affirmed | 04-Mar-2025 | Long Term Issuer Default Rating |
F1+ | Affirmed | 04-Mar-2025 | Short Term Issuer Default Rating |
F1+ | Affirmed | 04-Mar-2025 | Local Currency Short Term Issuer Default Rating |
AA | Affirmed | 04-Mar-2025 | Local Currency Long Term Issuer Default Rating |
AAA | Affirmed | 04-Mar-2025 | Country Ceiling |
Ratings Key | Outlook | Watch |
---|---|---|
Positive | ||
Negative | ||
Evolving | ||
Stable |
* Ratings displayed in orange denotes EU or UK Unsolicited and Non-Participatory Ratings
Where there was a review with no rating action (Review – No Action), please refer to the “Latest Rating Action Commentary” for an explanation of key rating drivers
*Premium Content is displayed in 巴黎人娱乐城 Red
Rating History
- Long Term Issuer Default Rating
- Short Term Issuer Default Rating
- Local Currency Short Term Issuer Default Rating
- Local Currency Long Term Issuer Default Rating
- Country Ceiling
Date : | 04-Mar-2025 | 12-Apr-2024 | 08-Mar-2024 | 24-Mar-2023 | 07-Apr-2022 | 15-Apr-2021 | 20-Apr-2020 | 16-Dec-2019 | 19-Dec-2018 | 13-Feb-2018 | 27-Feb-2017 | 10-Mar-2016 | 18-May-2015 | 21-May-2014 | 22-May-2013 |
Rating : | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA- | AA- | AA- | AA- | AA- |
Action : | Affirmed | Affirmed | Affirmed | Affirmed | Affirmed | Affirmed | Affirmed | Affirmed | Affirmed | Upgrade | Affirmed | Affirmed | Affirmed | Affirmed | Publish |
02Rating Actions
惠誉确认澳门的评级为'础础';展望稳定
巴黎人娱乐城 Affirms Macao at 'AA'; Outlook Stable
惠誉确认澳门的评级为'础础';展望稳定
巴黎人娱乐城 Affirms Macao at 'AA'; Outlook Stable
惠誉确认澳门的评级为'础础';展望稳定
巴黎人娱乐城 Affirms Macao at 'AA'; Outlook Stable
惠誉确认澳门的评级为'础础';展望稳定。
巴黎人娱乐城 Affirms Macao at 'AA'; Outlook Stable
惠誉确认澳门的评级为'础础';展望稳定。
巴黎人娱乐城 Affirms Macao at 'AA'; Outlook Stable
巴黎人娱乐城 Revises Outlook on Macao to Stable; Affirms at 'AA'
惠誉确认澳门的评级为'础础',维持负面评级展望
巴黎人娱乐城 Affirms Macao's 'AA' Ratings, Maintains Negative Outlook
惠誉调整澳门评级展望至“负面”,并确认其‘础础’的评级
巴黎人娱乐城 Revises Outlook on Macao to Negative; Affirms at 'AA'
巴黎人娱乐城 Affirms Macao at 'AA'; Outlook Stable
巴黎人娱乐城 Upgrades Macao to 'AA'; Outlook Stable
巴黎人娱乐城 Affirms Macao at 'AA-'; Outlook Stable
巴黎人娱乐城 Applies Criteria Changes to Global Sovereign Ratings
世界のソブリン格付に格付基準の変更を适用
巴黎人娱乐城 Affirms Macao at 'AA-'; Outlook Stable
巴黎人娱乐城 Affirms Macao at 'AA-'; Outlook Stable
巴黎人娱乐城 Affirms Macao at 'AA-'; Outlook Stable
FITCH PUBLISHES MACAO's 'AA-' RATINGS; OUTLOOK STABLE
03Insights
Macao
Macao - Ratings Navigator
Greater China to Bear Brunt of Rising US Trade Protectionism in 2025
Greater China Sovereign Outlook 2025
Macao - Update
Asia-Pacific Sovereigns - Peer Review 2024
APAC’s Strong Growth Will Partly Reflect Slow Fiscal Consolidation
APAC's Progress on Fiscal Consolidation to Remain Slow
APAC Investment-Grade Sovereigns Generally Face Limited Risk from Exchange-Rate Pressure
Macao - Ratings Navigator
Macao
Macao - Ratings Navigator
Greater China Outlook Neutral, but Debt Challenges Building
Greater China Outlook 2024
APAC Sovereigns' Growth to Remain Strong in 2024 Compared with Peers Despite Challenges
Asia-Pacific Sovereigns Outlook 2024
Asia-Pacific Sovereigns - Peer Review 2023
Fiscal Consolidation to Progress Slowly Among APAC Sovereigns
Asia Sovereigns to Make Slow Progress on Fiscal Consolidation
Macao, China
Macao - Ratings Navigator
APAC Sovereigns’ Rebound in Reserves Provides Some Relief
China’s Reopening Lifts Tourism Recovery Prospects in APAC Economies
Economic and Policy Uncertainty Clouds Greater China 2023 Outlook
Greater China Outlook 2023
Sustained Fall in APAC Sovereign Reserves Could Erode External Buffers for Some
APAC Exposure to Slower China Growth
APAC Sovereigns Vulnerable if China Sees Further Covid-19 Outbreaks
Macao
Macao - Ratings Navigator
惠誉:政策放宽将缓衝大中华区2022年的经济增速放缓
惠誉:政策放宽将缓冲大中华区2022年的经济增速放缓
惠誉评级2022年信用前景展望: 大中华区主权评级
巴黎人娱乐城 2022 Outlook: Greater China Sovereigns
Policy Easing Will Cushion Greater China Slowdown in 2022
APAC Sovereigns to Make Headway on Policy Normalisation in 2022
巴黎人娱乐城 2022 Outlook: Asia-Pacific Sovereigns
Climate Physical Risks to Sovereigns Growing
Climate Change Physical Risks Are a Growing Threat to Sovereigns
Most APAC Sovereigns’ Recovery to Firm as Vaccination Rises
Pandemic Debt Impact Varies Widely Across APAC Sovereigns
Recent Vaccination Rise May Ease Pandemic Risks in Asia
Macao
Macao - Ratings Navigator
惠誉中国视角:大湾区的一体化挑战
惠誉评级2021年信用前景展望: 大中华区主权评级
惠誉:全球经济复苏支持2021年大中华区主权评级的稳定展望
APAC Recovery to Drive Modest Fiscal Consolidation in 2021
巴黎人娱乐城 2021 Outlook: APAC Sovereigns
Public Debt Rise Underscores Policy Challenges in APAC Outlook
04Sector Outlooks
Greater China Sovereign Outlook 2025
Greater China Cross-Sector Outlook 2024
惠誉评级2024年信用前景展望:大中华区主权评级
Greater China Outlook 2024
Asia-Pacific Sovereigns Outlook 2024
APAC Cross-Sector Mid-Year Outlook 2023
惠誉评级2023年信用前景展望:大中华区主权评级
APAC Sovereigns Outlook 2023
Greater China Outlook 2023
惠誉评级2022年信用前景展望: 大中华区主权评级
巴黎人娱乐城 2022 Outlook: Greater China Sovereigns
巴黎人娱乐城 2022 Outlook: Asia-Pacific Sovereigns
惠誉评级2021年信用前景展望:亚太区主权
惠誉评级2021年信用前景展望: 大中华区主权评级
巴黎人娱乐城 2021 Outlook: APAC Sovereigns
巴黎人娱乐城 2021 Outlook: Greater China Sovereigns
惠誉评级2020年信用前景展望:亚太区主权
巴黎人娱乐城 2020 Outlook: Asia-Pacific Sovereigns
惠誉评级2019年信用前景展望: 亚太地区主权
巴黎人娱乐城 2019 Outlook: Asia-Pacific Sovereigns
巴黎人娱乐城 2018 Outlook: Developed Asia Sovereigns
05Disclosures
Original Rating Date | |
---|---|
Long Term Issuer Default Rating | 22-May-2013 |
Short Term Issuer Default Rating | 22-May-2013 |
Local Currency Short Term Issuer Default Rating | 22-Jul-2016 |
Local Currency Long Term Issuer Default Rating | 22-May-2013 |
Country Ceiling | 22-May-2013 |
Endorsement Status | |
---|---|
EU Endorsed, UK Endorsed |
Country of 巴黎人娱乐城 Office | |
---|---|
HONG KONG, CHINA |
Solicitation Status | |
---|---|
Long Term Issuer Default Rating | Unsolicited |
Short Term Issuer Default Rating | Unsolicited |
Country Ceiling | Unsolicited |
Local Currency Long Term Issuer Default Rating | Unsolicited |
Local Currency Short Term Issuer Default Rating | Unsolicited |
Country of Analyst | |
---|---|
HONG KONG, CHINA |
06Criteria
07Analysts
George Xu
Primary Rating Analyst
Jeremy Zook
Secondary Rating Analyst
Credit-Relevant ESG Scale
How relevant are E, S and G issues to the overall credit rating?
5 | Highly relevant, a key rating driver that has a significant impact on the rating on an individual basis. Equivalent to "higher" relative importance within Navigator. | |
4 | Relevant to rating, not a key rating driver but has an impact on the rating in combination with other factors. Equivalent to "moderate" relative importance within Navigator | |
3 | Minimally relevant to rating, either very low impact or actively managed in a way that results in no impact on the entity rating. Equivalent to "lower" relative importance within Navigator. | |
2 | Irrelevant to the entity rating but relevant to the sector. | |
1 | Irrelevant to the entity rating and irrelevant to the sector |
* ESG Relevance is applicable for international scale ratings only
Ratings Key | Outlook | Watch |
---|---|---|
Positive | ||
Negative | ||
Evolving | ||
Stable |
* Ratings displayed in orange denotes EU or UK Unsolicited and Non-Participatory Ratings
Where there was a review with no rating action (Review – No Action), please refer to the “Latest Rating Action Commentary” for an explanation of key rating drivers
*Premium Content is displayed in 巴黎人娱乐城 Red