21.08.2014 23:04:00
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Medellin, City of -- Moody's: Impact of Sovereign Upgrades Diverge for Colombian and Mexican Sub-Sovereigns Ratings
Mexico, August 21, 2014 -- Credit divergence between the Colombian and Mexican sub-sovereigns shows that improved credit quality of a sovereign government does not necessarily translate to better credit quality of lower-tier governments says Moody's in a new report entitled, "Sub-Sovereign Not Always Boosted By Sovereign Upgrades: Contrasting Bogota and Medellin with Mexican Sub-Sovereigns"