(ADPnews) - Feb 24, 2011 - JCR affirmed today its AAA ratings with a "stable" outlook on the foreign and local currency long-term senior debts of Australia.
The agency issued the following press release:
JCR affirms AAA ratings on Australia : Outlook Stable
Issuer: Australia (Commonwealth of)
LC (Local Currency Long-Term Senior Debts): AAA (Stable)
FC (Foreign Currency Long-Term Senior Debts): AAA (Stable)
JCR has affirmed its AAA ratings on the foreign currency long-term senior debts and the local currency long-term senior debts owed by the Commonwealth of Australia.
The ratings are supported by Australia's sound fiscal position compared with other …
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