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European rating agency. Objective, transparent, independent.

Republic of Portugal

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BBB Outlook STA 09.09.2020 18.09.2020
BBB Outlook STA 27.03.2020 03.04.2020
BBB Outlook POS 16.09.2019 23.09.2019
BBB- Outlook POS 19.09.2018 21.09.2018
BB+ Outlook STA 25.10.2017 27.10.2017
BB Outlook STA 26.10.2016 28.10.2016

News

  • 18.09.2020
    Creditreform Rating has affirmed the unsolicited long-term sovereign rating of “BBB” for the Republic of Portugal. Creditreform Rating has also affirmed Portugal´s unsolicited ratings for foreign and local currency senior unsecured long-term debt of “BBB”. The outlook remains stable.
  • 03.04.2020
    Creditreform Rating has revised its outlook on the Republic of Portugal to stable from positive and affirmed the unsolicited long-term sovereign rating of “BBB”. Creditreform Rating has also affirmed Portugal´s unsolicited ratings for foreign and local currency senior unsecured long-term debt of “BBB”.
  • 23.09.2019
    Creditreform Rating has raised its unsolicited long-term sovereign rating on the Republic of Portugal to “BBB” from “BBB-”. Creditreform Rating has also raised Portugal's unsolicited ratings for foreign and local currency senior unsecured long-term debt to “BBB” from “BBB-”. The outlook remains positive.
  • 21.09.2018
    Creditreform Rating has raised its unsolicited long-term sovereign rating on the Republic of Portugal to “BBB-” from “BB+” and revised its outlook to positive from stable. Creditreform Rating has also raised Portugal´s unsolicited ratings for foreign and local currency senior unsecured long-term debt to “BBB-” from “BB+”.
  • 27.10.2017
    Creditreform Rating has raised its unsolicited long-term sovereign rating on the Republic of Portugal to "BB+" from "BB". Creditreform Rating has also raised Portugal´s unsolicited ratings for foreign and local currency senior unsecured long-term debt to "BB+" from "BB". The outlook is stable.