Announcements

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      Instrument data
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      ES00000121S7
      Coupon percent
      4.7%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      4,500,000,000
      Maturity date
      30/07/2041
      -
      A- Outlook: Positive
      A- Outlook: Positive
      Latest change
      Outlook/trend
      22/03/2024
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Jakob Suwalski Lead analyst
      Dr. Giacomo Barisone Committee chair
      Scope affirms Spain’s credit ratings at A-, revises the Outlook to Positive

      22/3/2024 Rating announcement EN

      Scope affirms Spain’s credit ratings at A-, revises the Outlook to Positive

      Enhanced economic resilience and strengthening fiscal fundamentals drive the Outlook revision. High public debt, elevated unemployment, and structural budget pressure related to ageing expenditure are constraints.

      Scope affirms the Kingdom of Spain's credit ratings at A- and maintains the Stable Outlook

      6/10/2023 Rating announcement EN

      Scope affirms the Kingdom of Spain's credit ratings at A- and maintains the Stable Outlook

      A large and diversified economy, favourable debt profile and euro area membership support the ratings. High public debt, elevated unemployment and structural budget pressure are constraints.

      Scope affirms Spain's credit ratings at A- with Stable Outlook

      11/11/2022 Rating announcement EN

      Scope affirms Spain's credit ratings at A- with Stable Outlook

      A large and diversified economy, favourable debt profile and euro area membership support the ratings. High public debt, elevated structural unemployment, weak productivity gains and structural budget pressures are constraints.

      Scope affirms Spain's credit ratings at A- with a Stable Outlook

      27/5/2022 Rating announcement EN

      Scope affirms Spain's credit ratings at A- with a Stable Outlook

      A resilient economic recovery and a strong institutional environment support the ratings. High public debt levels and elevated unemployment are constraints.

      Scope revises Outlook on Spain’s A- rating to Stable

      16/7/2021 Rating announcement EN

      Scope revises Outlook on Spain’s A- rating to Stable

      The improving economic outlook, reform momentum, EU monetary and fiscal support and relative government stability drive the Outlook change. High public and external debt and weak demographics, curbing growth and fiscal consolidation, are challenges.

      Scope revises the Outlook on Spain’s A- rating to Negative

      21/8/2020 Rating announcement EN

      Scope revises the Outlook on Spain’s A- rating to Negative

      Deteriorating public finances and declining growth potential drive the Outlook change. Forceful European monetary and fiscal policies, and resilient debt profile support near-term debt sustainability and the rating.

      Scope affirms Spain’s credit rating of A- with Stable Outlook

      18/5/2018 Rating announcement EN

      Scope affirms Spain’s credit rating of A- with Stable Outlook

      A resilient economic recovery and a reduction of economic, fiscal and external imbalances support the rating; high public and external debt, elevated unemployment, limited structural fiscal adjustment, and political fragmentation are constraints.

      Scope confirms and publishes Spain’s credit rating of A- and changes the Outlook to Stable

      30/6/2017 Rating announcement EN

      Scope confirms and publishes Spain’s credit rating of A- and changes the Outlook to Stable

      Euro area membership, large and diversified economy, resilient economic recovery, reform commitment and improving bank sector support ratings. Constraints are high unemployment and external debt, fiscal imbalances coupled with political uncertainties.

      Date Title