Russia: Fitch affirms National Clearing Centre's ratings

Mon, 11/05/2015

On 20 March, Fitch Ratings, a leading provider of credit ratings, affirmed the following ratings of the National Clearing Centre (NCC), a key operating subsidiary of the Moscow Exchange Group:

  • Long-term foreign-currency Issuer Default Rating (IDR) at 'BBB-';
  • Long-term local-currency IDR at 'BBB';
  • Viability Rating (VR) at 'bbb'.

The Outlooks on NCC's Long-term IDRs are ‘Negative’.

  • Short-term IDR at 'F3';
  • Support Rating at '2';
  • Support Rating Floor at 'BBB-'
  • National Long-term rating at 'AAA(rus)' with ‘Stable’ outlook.

Contact:
Ekaterina Konovalova, Relationship Manager, Global Securities Services Russia
Ekaterina.Konovalova@unicredit.ru