23 Dec 2021

ACRA has assigned an A- rating under the international scale to a USD 100 mln two-year bond issue of Eurasian Development Bank (EDB). This is the first ever issue of securities placed overseas with an international scale rating assigned by a Russian rating agency. The bank received a rating for this issue after the corresponding ACRA methodology for assigning credit ratings to financial instruments under the international scale was approved. ACRA is currently the only Russian rating agency with this sort of approved methodology that has begun assigning these ratings.

“The assignment of an ACRA rating on the international scale to a securities issue of a non-resident denominated in a currency other than the ruble is a landmark event for the Russian rating industry. We are consistently developing this area — over the past year, a number of international methodologies have been approved, and today ACRA is the only Russian agency that assigns ratings on the international scale to issuers and securities issues,” commented ACRA CEO Mikhail Sukhov.

Contact person

Svetlana Panicheva
Deputy Head of external communications
+7 (495) 139 04 80, ext. 169
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