Ratings

As any other issuer of debt the Flemish Community is rated by rating agencies.

These ratings give a certain comfort to investors who would like to invest in debt issued by the Flemish Community.

The ratings are given to an issuer, i.e. the Flemish Community, a programme like the EMTN-programme and the BCP-programme of the Flemish Community and also to the issued notes.

There are ratings on long-term issued debt and short term issued debt. There is always an outlook given in relation with a rating. This outlook gives an indication what the possibility is of an up- or downgrade or if the rating will be stable in the near future.

This is a table with a comparison between the ratings given by the three largest rating agencies.

Since 1 March 2020 the Flemish Community contracted Fitch for its rating, before it was Moody's.