Announcements

    Drinks

      Instrument data
      Senority
      Unsecured
      Currency
      PLN
      ISIN
      PL0000109765
      Coupon percent
      4%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      2,108,000,000
      Maturity date
      25/04/2047
      -
      A Outlook: Stable
      A Outlook: Stable
      Latest change
      Affirmed
      26/07/2024
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Dennis Shen Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms Poland’s A rating and maintains the Stable Outlook

      26/7/2024 Rating announcement EN

      Scope affirms Poland’s A rating and maintains the Stable Outlook

      Strong macroeconomic fundamentals, robust economic-growth potential and a well-capitalised financial system anchor the ratings. Governance uncertainties over the long run, rising public debt and geopolitical risks are credit challenges.

      Scope downgrades the Republic of Poland's credit ratings to A; Outlook revised to Stable

      2/6/2023 Rating announcement EN

      Scope downgrades the Republic of Poland's credit ratings to A; Outlook revised to Stable

      A longer-standing trend of weakening standards of governance and weakening of the underlying inflation outlook drive the downgrade. Sound macroeconomic fundamentals, a moderate public debt level, and a well-capitalised banking system support the ratings.

      Scope revises the Outlook of Poland to Negative, affirms A+ credit ratings

      14/1/2022 Rating announcement EN

      Scope revises the Outlook of Poland to Negative, affirms A+ credit ratings

      Deterioration of governance standards and weakened public finances since Covid-19 crisis drive Outlook revision to Negative. Strong macroeconomics, a resilient, well-capitalised banking system, and reductions of external risk support ratings.

      Scope affirms Poland’s credit rating of A+ with a Stable Outlook

      1/11/2019 Rating announcement EN

      Scope affirms Poland’s credit rating of A+ with a Stable Outlook

      Strong economic growth, credible monetary and fiscal frameworks, adequate external buffers, and sound banking system support the rating; low savings rate, budgetary pressures, political and demographic headwinds are constraints.

      Scope affirms Poland’s credit rating of A+ with Stable Outlook

      20/7/2018 Rating announcement EN

      Scope affirms Poland’s credit rating of A+ with Stable Outlook

      Strong economic growth, credible monetary and fiscal framework, adequate external buffers, and sound banking system support the rating; high reliance on capital inflows, budgetary pressures, political and demographic headwinds are limitations.

      Scope upgrades Poland’s newly published credit rating to A+ from A and changes Outlook to Stable

      28/7/2017 Rating announcement EN

      Scope upgrades Poland’s newly published credit rating to A+ from A and changes Outlook to Stable

      Strong economic fundamentals, favourable financing conditions, adequate external buffers and a credible public finance framework support the rating; high reliance on capital inflows, budgetary pressures, political and demographic headwinds are limits.

      Date Title