Moody’s says ‘very comfortable’ with New Zealand AAA sovereign rating

• Moody’s says ‘very comfortable with New Zealand AAA sovereign rating

Steven Hess (Vice President and Senior Credit Officer in the Sovereign Risk Unit at Moody’s Investors Service in New York) speaking to reporters, headline on the wires.

More:

• See NZ current account deficits lower than Treasury forecasts
• Says NZ finances current account deficits without difficulty
• New Zealand economy is growing strongly

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If Moody’s wasn’t comfortable with NZ they wouldn’t be comfortable with anyone