JAPAN: MOODY'S ASSIGNS AA1 TO HIROSHIMA PREFECTURE'S DOMESTIC BONDS DUE 2019.

IPR Strategic Business Information Database | July 5, 2009 | Copyright

Moody's Investors Service has assigned Aa1 rating to Hiroshima Prefecture Series 2 Yen 10 billion bonds, due 2019. At the same time the rating has been placed under review for possible downgrade, as Moody's considers the appropriateness of the public sector support anchor (currently the Aaa Local Currency Deposit Ceiling), in accordance with the unification of the central government's foreign and domestic currency ratings at Aa2. This review was not triggered by a change in Hiroshima Prefecture's stand-alone credit profile. The rating is supported by the prefecture's ...

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