Announcements
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25/7/2025 Rating announcement EN
Scope affirms the Free State of Bavaria’s AAA rating with Stable Outlook
An integrated institutional framework, low debt, ample liquidity, strong budgetary performance and a wealthy economy support the rating. Limited expenditure flexibility, sizeable contingent liabilities, and high pension liabilities are challenges.

23/2/2024 Rating announcement EN
Scope affirms the Free State of Bavaria's AAA rating with Stable Outlook
Low debt, ample liquidity, strong budgetary performance, a wealthy economy and an integrated institutional framework support the rating. Limited revenue flexibility, sizeable contingent liabilities, and high pension liabilities are challenges.
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