Rating Agencies
Fitch AAA 2012-03-26
Moody's Aaa 2012-03-20
R&I AAA 2011-08-24
S&P AAA 2012-02-20

Global rating agencies have assigned the above long-term foreign currency ratings for Singapore. The home pages of these agencies are linked below.

Ratings of corporate issues and issuers are usually handled by global rating agencies due to the high credit quality of most issuers. The DP Group, which specializes in local companies, uses the KMV credit scoring methodology among other statistical methods.

Rating Definitions

Rating definitions vary from agency to agency. The web links below give the rating definitions of major global credit rating agencies.

Methodology

Rating selection involves information gathering, analysis, and monitoring of the financial health of an issuing entity. Rating methodologies and procedures of various rating agencies can be found by following the links provided below.