The Government of Bermuda has welcomed a new ratings decision from Kroll Bond Rating Agency (KBRA), which affirmed the island’s long-term issuer ratings at A+ and short-term issuer ratings at K1+, while revising the outlook on the long-term ratings from Stable to Positive. The improved outlook signals that KBRA believes Bermuda could receive a future ratings upgrade if the territory maintains its current economic and fiscal momentum. Premier and…
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