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OOTW  says  THE CURRENT CREDIT STATUS [B-]...IMPLIES THAT THEY'VE NOT BEEN ABLE TO REPAY THEIR LOANS ON TIME I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

OOTW says THE CURRENT CREDIT STATUS [B-]...IMPLIES THAT THEY'VE NOT BEEN ABLE TO REPAY THEIR LOANS ON TIME

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OOTW  says  THE CURRENT CREDIT STATUS [B-]...IMPLIES THAT THEY'VE NOT BEEN ABLE TO REPAY THEIR LOANS ON TIME Empty OOTW says THE CURRENT CREDIT STATUS [B-]...IMPLIES THAT THEY'VE NOT BEEN ABLE TO REPAY THEIR LOANS ON TIME

Post by Ponee Sat Aug 08, 2015 6:05 pm

OOTW  

Article quote:  "Fitch Ratings graded Iraq today as being at risk of default due to insecurity, financial difficulties and poor governance, in its first rating of the country."  

THE CURRENT CREDIT STATUS [B-]...IMPLIES THAT THEY'VE NOT BEEN ABLE TO REPAY THEIR LOANS ON TIME -- THEY'RE ON CREDIT PROBATION.

 TO ME, THIS SEEMS LIKE THE LOWEST RATING THEY CAN HAVE AND ALLOWS THEM TO JUST BARELY BE ABLE TO OFFER THEIR BONDS WITH ANY KIND STABILITY - ON THE EDGE OF UNSTABLE.  PERHAPS THE ONLY WAY THEY'LL DRAW IN INVESTORS IS TO OFFER A HIGH YIELD BOND.

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OOTW  says  THE CURRENT CREDIT STATUS [B-]...IMPLIES THAT THEY'VE NOT BEEN ABLE TO REPAY THEIR LOANS ON TIME Empty Re: OOTW says THE CURRENT CREDIT STATUS [B-]...IMPLIES THAT THEY'VE NOT BEEN ABLE TO REPAY THEIR LOANS ON TIME

Post by Kevind53 Sat Aug 08, 2015 8:23 pm

Wow .... they sorta got it right .... amazing!

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