Fitch affirms Malta at ‘A’, outlook stable

Fitch September 14Fitch has reaffirmed Malta’s long-term foreign and local currency Issuer Default Rating (IDR) rating at ‘A’ with a stable outlook.

The country rating was published on 11 September 2014.

The issue ratings on Malta’s unsecured foreign and local currency bonds were also affirmed at ‘A’. The agency affirmed Malta’s short-term foreign-currency IDR at ‘F1’ and the country ceiling at ‘AAA’. Fitch also noted that GDP growth in Malta was outperforming the eurozone average.

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