On August 7, 2020, S&P Global Ratings affirmed the long-term credit rating of Moscow, the capital of Russia, at 'BBB-'. The rating outlook is stable. The rating of the city's issues of priority unsecured bonds is affirmed at 'BBB-', the rating agency informed.
Moscow is the capital of Russia, a federal city, the administrative center of the Central Federal District and the center of Moscow region, although it is not a constituent of Moscow region being a federal city. Moscow is the largest city and territorial entity in Russia in terms of population.
