BREXIT – The rating agency Standard and Poor’s downgraded two notches, Monday, June 27, the debt rating of the United Kingdom, noting the choice of British voters . their country to leave the European Union
the note of British debt changes from “AAA”, the highest possible, “AA”, two notches below, according to a statement from S & amp; P . The agency cites “uncertainty” has generated the referendum, and anticipates “a less predictable political, less stable and less effective” in the coming months.
The new note is with a negative perspective, that is to say, it could be lowered again.
“downside risks to market access conditions”
S & amp decision; P, one of the three global rating agencies alongside Moody’s and Fitch, “also refers to the risk of deterioration in market access conditions” financier of the United -um, the agency said, and “constitutional problems” that will arise, when the pro-European Scotland plans to hold a referendum on independence.
by Friday, Moody’s lowered its outlook on UK debt increased to “negative”, as prelude there for possible downgrade.
Fitch follows the lead of Standard and Poor’s
the notes issued by the rating agencies, solvency kinds of certificates, dictate the conditions under which companies or countries can borrow on the financial markets. The higher the score, the lower the interest rates demanded by creditors will be.
In the evening, the financial agency Fitch has in turn lowered the rating of the United Kingdom, by passing AA + to AA with a negative outlook, implying it could be further reduced in the coming months
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