Moody's affirms the Czech Republic's A1 sovereign rating and maintains stable outlook
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July 19, 2013 - Moody's Investors Service affirmed the Czech Republic's A1/(P) P-1 ratings and maintained the stable outlook. Moody's has also changed the Czech Republic local-currency country risk ceilings to Aa2 from Aa3. This is the maximum credit rating achievable in local currency for a debt issuer domiciled in the country. The rating agency has also changed the Czech Republic's foreign-currency bond country ceiling to Aa2 from Aa3.