New Zealand’s sovereign debt rating is tops?

Well according to Moody’s we are in the top tier of AAA rated sovereign debt (ht Market Movers).

New Zealand is “Resistant” while the USA and UK are only “Resilient” and poor old Spain and Ireland are “Vulnerable”.

Go us aye 😉

  • Miguel Sanchez

    Moody’s definitely seem to be a bit more onto it than S&P. I think it was them who recently gave the UK a nice backhanded compliment: “no worse than any other Aaa-rated country”. Considering the company they’re in…