The periodic review has resulted in no rating action.

The periodic review has resulted in no rating action.

The periodic review has resulted in no rating action.

The periodic review has resulted in no rating action.

An integrated institutional framework, sound budgetary performance, conservative debt and liquidity management and low contingent liability risk support the rating. High debt, moderate budget flexibility and a modest socio-economic profile are challenges.

The change of the Outlook on Eurobond securities represents the possibility of second-stage restructuring if required.

The period review has resulted in no rating action.

The period review has resulted in no rating action.

The periodic review has resulted in no rating action.

The issuances' ratings are supported by a guarantee from Akershus County Municipality and are therefore aligned with Akershus' AAA/Stable ratings.