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      Instrument data
      Issuer
      Japan
      Senority
      Unsecured
      Currency
      JPY
      ISIN
      JP1746461GB4
      Coupon percent
      0%
      Coupon type
      Fixed:Discount
      Instrument volume
      2,499,990,000,000
      Maturity date
      20/11/2017
      -
      WD Outlook: N/A
      WD Outlook: N/A
      Latest change
      Withdrawal
      20/11/2017
      General information
      Rating
      Public
      Unsolicited
      With no issuer participation
      UK endorsed
      EU Rated
      Withdrawal reason: end of maturity of the debt obligation, or in case the debt is redeemed, called, prefunded, cancelled
      Dennis Shen Lead analyst
      Dr. Stefan Bund Committee chair
      Scope downgrades Japan’s newly published credit rating to A+ from AA- and changes Outlook to Stable

      29/9/2017 Rating announcement EN

      Scope downgrades Japan’s newly published credit rating to A+ from AA- and changes Outlook to Stable

      Very high debt levels, challenging debt dynamics, and relatively weak growth drive the rating downgrade. A diversified and wealthy economy, exceptional funding flexibility, and a strong external position are credit strengths.

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