BH sovereign credit rating history Moody's Investors Service was hired to asses the credit rating in 2003 and in 2004 Bosnia and Herzegovina received its first sovereign credit rating. Standard & Poor's was hired in 2008 and also issued the BH sovereign credit rating for that year. Both agencies have regularly monitored the Bosnia and Herzegovina's status. They in fact travel to BH at least once a year for a mission to directly talk to BH state and entity officials, representatives of BH institutions, representatives of international community in BH, businesspersons and academics with the view to get a comprehensive picture of the actual condition and outlooks of our country. Bosnia and Herzegovina's sovereign credit rating history represents a review of all the ratings issued thus far. Based on their analysis and appraisals, both Moody's Investors Service and Standard & Poor's publish reports on Bosnia and Herzegovina. History of the BH sovereign credit rating is provided in Tables 1 and 2 bellow. Table 1: BH sovereign credit rating history - Moody's Investors Service RatingDateStatus B3 / stable outlook July 22, 2022 Rating affirmed B3 / stable outlook August 21, 2020 Rating affirmed B3 / stable outlook February 16, 2018 Rating affirmed B3 / stable outlook February 26, 2016 Rating affirmed B3 / stable outlook July 10, 2012 Rating affirmed / Outlook revised B3 / on review for downgrade April 3, 2012 Rating downgraded B2 / negative outlook May 16, 2011 Outlook revised B2 / stable outlook May 17, 2006 Rating upgraded B3 / positive outlook March 29, 2004 Rating assigned Source: Moody's Investors Service Table 2: BH sovereign credit rating history - Standard & Poor's RatingDateStatus B+ / stable outlook February 2, 2024 Rating affirmed B+ / stable outlook August 4, 2023 Rating raised B / positive outlook February 3, 2023 Rating affirmed / Outlook changed B / stable outlook February 4, 2022 Rating affirmed B / stable outlook August 27, 2021 Rating affirmed B / stable outlook August 28, 2020 Rating affirmed B / stable outlook April 30, 2020 Rating affirmed / Outlook changed B / positive outlook February 28, 2020 Rating affirmed B / positive outlook September 6, 2019 Rating affirmed B / positive outlook March 8, 2019 Rating affirmed / Outlook changed B / stable outlook September 7, 2018 Rating affirmed B / stable outlook March 9, 2018 Rating affirmed B / stable outlook September 8, 2017 Rating affirmed B / stable outlook March 10, 2017 Rating affirmed B / stable outlook September 9, 2016 Rating affirmed B / stable outlook March 11, 2016 Rating affirmed B / stable outlook September 11, 2015 Rating affirmed B / stable outlook March 13, 2015 Rating affirmed B / stable outlook September 19, 2014 Rating affirmed B / stable outlook March 28, 2014 Rating affirmed B / stable outlook September 27, 2013 Rating affirmed B / stable outlook March 27, 2013 Rating affirmed B / stable outlook March 28, 2012 Rating affirmed / Outlook revised B / On Watch Negative November 30, 2011 Rating lowered B+ / negative outlook July 28, 2011 Outlook revised B+ / stable outlook December 8, 2009 Rating affirmed B+ / stable outlook December 22, 2008 Rating assigned Source: Standard & Poor's
