Press Release: On Sept. 3, 2015, Standard & Poor’s Ratings Services assigned its ‘B-‘ long-term foreign and local currency sovereign credit ratings on the Republic of Iraq.
The outlook is stable. At the same time, we assigned our ‘B’ short-term foreign and local currency ratings. The transfer and convertibility (T&C) assessment is ‘B-‘. Iraq is the 130th sovereign rated by Standard & Poor’s.