Monday, October 29, 2007

Moody's rating for Czech Republic.

Czech Republic has currently assigned the second best rating which is A1, with positive outlook. Ratings for other countries in region are A1 for Slovakia (with stable outlook), A2 for Hungary and Poland. To get highest rating Aaa country needs to implement reforms for public finance and public heath. Higher rating would help companies like CEZ which are issuing eurobonds.

Comments

2 Responses to "Moody's rating for Czech Republic."

Anonymous said... October 30, 2007 at 8:44 AM

Seeing you look at Eastern European Stocks - what do you think about UD Global Accolade Eastern Europe? My wife has about 5% of her retirement assets there and has made a lot of money but is wonderring when to get out or to add more money. Thanks and thanks for posting a note on my Blog. Denarii

Vlada, Czech Republic said... October 30, 2007 at 9:00 AM

Hello Denarii,
I had a look to EUROX. I like this fund as majority exposure is coming from RUssian, Hungary, Turkey. Industry structure is also very interesting.
I'd still stay in position because CEE markets are overperforming US plus USD depreciation helps you as well.
Me personally, I am looking for investment in Russian index RTS but waiting for small correction.I don't like to add more money at all-time-high.