On December 7, 2022, the Analytical Credit Rating Agency assigned the AAA(RU) credit rating to the issue of bonds of the Eurasian Development Bank series 003P-005 (RU000A105KW6). This is stated in the agency's message.
Issue (volume - 5 billion rubles) It is the senior unsecured debt of the Eurasian Development Bank. Due to the lack of structural and contractual subordination of the issue, ACRA evaluates these bonds as equal in order of execution to other existing and future unsecured and unsubordinated obligations of the EDB. According to the ACRA methodology, the credit rating of the issue is equivalent to the credit rating of EDB — AAA(RU).
The credit rating of the EDB on an international scale at the A-level is determined by the assessment of its own creditworthiness (a-), which is due to strong capital adequacy, a satisfactory risk profile, as well as an adequate funding and liquidity position.
The credit rating of the EDB on the national scale for the Russian Federation is determined at the AAA(RU) level, the forecast is "Stable", in accordance with the Methodology of comparing credit ratings assigned on the international ACRA scale with credit ratings assigned on the national ACRA scale for the Russian Federation.
