Credit Ratings

Moody's

Category Rating Updated
RWANDA 5 ½ 08/09/31 B2 08/09/2023
Outlook STABLE 19/09/2025
Long Term Rating B2 19/09/2025
LC Curr Issuer Rating B2 12/08/2016
FC Curr Issuer Rating B2 12/08/2016
Foreign Currency LT Debt B2 29/07/2021

S&P

Category Rating Updated
RWANDA 5 ½ 08/09/31 B+ 27/07/2021
Outlook STABLE 27/01/2023
Foreign Currency LT Debt B+ 09/08/2019
Local Currency LT Debt B+ 09/08/2019

Fitch

Category Rating Updated
RWANDA 5 ½ 08/09/31 B+ 28/07/2021
Outlook NEG 04/04/2025
LT Issuer Default Rating B+ 25/07/2014
LT LC Issuer Default B+ 25/07/2014
Foreign Currency LT Debt B+ 25/07/2014
Local Currency LT Debt B+ 25/07/2014
Sovereign Country Ceiling BB- 06/10/2023