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Credit ratings

Credit rating reviews are typically conducted between July and October each year.

Local currency
S&P Global
  • Long-term AA+
  • Short-term A-1+
  • Outlook stable
Moody’s
  • Long-term Aa1
  • Short-term P-1
  • Outlook stable
Foreign currency
S&P Global
  • Long-term AA+
  • Short-term A-1+
  • Outlook stable
Moody’s
  • Long-term Aa1
  • Short-term P-1
  • Outlook stable

THIS WEBPAGE IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES. This webpage does not constitute an offer of any securities for sale into the United States. QTC bonds will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.