Sunday 11, June 2017 by Matthew Amlôt

Moody's downgrades South Africa's rating to Baa3 and assigns negative outlook

Moody's Investors Service today downgraded the long-term issuer and senior unsecured ratings of the Government of South Africa to Baa3 from Baa2 as well as the senior unsecured Shelf and MTN program ratings to (P)Baa3 from (P)Baa2, and assigned a negative outlook.

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