Menu
On-Air Now
Facebook

Treasury welcomes Moody's rating

Fri, 30 Sep 2016


The Treasury says it's pleased after credit ratings agency Moody's gave the Isle of Man an unchanged rating.

The Island has an Aa1 rating, but the outlook was changed from stable to negative in June following the EU referendum in the UK.

The rating, which is one of the highest offered by the organisation, indicates the Island is a low risk creditor with little direct debt.

Following Moody's decision to leave the rating unchanged, the Manx Treasury welcomed the news, insisting that the Island is in a strong position financially and can be relied upon by investors.

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed
More News Stories

News Archive