Rating Report

DBRS Morningstar Confirms Republic of Italy at BBB (high), Trend Remains Negative

Sovereigns

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Summary

DBRS Ratings GmbH (DBRS Morningstar) confirmed the Republic of Italy’s Long-Term Foreign and Local Currency – Issuer Ratings at BBB (high). At the same time, DBRS Morningstar confirmed the Republic of Italy’s Short-Term Foreign and Local Currency – Issuer Ratings at R-1 (low). The trend remains Negative on all ratings.

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