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Methodology for Assigning Credit Ratings to Sovereigns

Staff discussion paper 2017-7 Philippe Muller, Jérôme Bourque
The investment of foreign exchange reserves or other asset portfolios requires an assessment of the credit quality of investment counterparties. Traditionally, foreign exchange reserve and asset managers have relied on credit rating agencies (CRAs) as the main source for credit assessments.

Carolyn A. Wilkins

Carolyn A. Wilkins served as Senior Deputy Governor from May 2014 to December 2020.
March 13, 2025

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