LNB News 24/05/2023
Document Information
Issue Date: 24 May 2023
Published Date: 24 May 2023
Jurisdiction(s): Ireland
The Minister for Finance, Michael McGrath, has welcomed the update of Ireland’s long-term sovereign credit rating by S&P to AA from AA- on 19 May 2023. This update marks the agency’s first change to Ireland’s long-term rating since November 2019. The amended rating returns Ireland to S&P’s AA category for the first time since August 2010. This is the third highest category within S&P ratings.
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