Standard & Poor’s raised Paraguay's sovereign rating from BB+ to BBB-, placing it in the Investment Grade and in addition to the Baa3 rating assigned by Moody’s.
This historic rise It confirms the country's macroeconomic strength and stability in the eyes of global markets, highlighting its relatively low risk of default according to the agencies' criteria.
The combination of positive ratings projects an image of consistency in Paraguay's economic policies, strengthening its appeal to international investors and financial analysts.
Achieving investment-grade status facilitates access to global capital markets with lower interest rates and longer maturities, benefiting both the government through its sovereign bonds and larger, rated companies.
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