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View Full Version : Hungary's Sovereign Debt Ratings May Be Cut to Junk by Standard & Poor's - Bloomberg



NewsWhore
11-11-2011, 08:50 PM
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Hungary&#39;s Sovereign Debt Ratings May Be Cut to Junk by Standard & Poor&#39;s (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHujIOmVexY2rbFuI4OWcGtgbxvaA&url=http://www.bloomberg.com/news/2011-11-12/hungary-s-sovereign-debt-ratings-may-be-cut-to-junk-by-standard-poor-s.html)
Bloomberg
“As a result, we are placing the &#39;BBB-/A-3&#39; foreign and local currency sovereign credit ratings on Hungary on CreditWatch with negative implications.” Hungary cut its offer of Treasury bills Nov. 10 as yields rose to a two-year high and the forint ...

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