Second Sovereign Rating

Ratings agency Standard & Poor's (S&P) has initiated coverage of Mali with a B foreign currency ceiling (long- and short-term), which carries a stable outlook. This gives the West African state its second rating, and the long-term ceiling is one notch above the B- accorded recently by Fitch. S&P sovereign credit analyst Luc Marchand notes that the Mali ratings are supported by the stability accorded

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