According to the cited documentsMacro and risk
On May 23, 2025 S&P Global raised the long-term sovereign ratings from 'BB' to 'BB+' in both foreign and local currency, affirmed the short-term rating at 'B' and improved the transfer and convertibility assessment from 'BBB-' to 'BBB', with a stable outlook. On May 8, 2026 S&P affirmed BB+/B with a stable outlook; only the title of that action was verified, as the full text is behind restricted access.
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- Long-term rating (foreign and local currency)
BB+ (from BB)
May 23, 2025S&P Global Ratings - Short-term rating
B (affirmed)
May 23, 2025S&P Global Ratings - Transfer and convertibility assessment
BBB (from BBB-)
May 23, 2025S&P Global Ratings - Subsequent affirmation
BB+/B, stable outlook
May 8, 2026Cbonds; S&P Global Ratings