Hungary rating not updated – Moody’s

Moody’s Investors Service did not update Hungary’s sovereign rating on Friday, although it was scheduled for a review.

At the previous review, on May 3, 2019, Moody’s also did not update the rating, leaving it unchanged at Baa3 – one notch over the investment grade threshold – with a stable outlook.

S+P Global Ratings and Fitch both upgraded Hungary to ‘BBB’, two notches over the investment grade threshold, in February.