Ratings

This section contains information on Barcelona City Council's credit rating given by the main rating agencies.

Should be mentioned that the debt assessment related to the ratings of the Barcelona City Council is limited (to its maximum value) by the rating assessment of the Spanish Central Government, even showing a solid financial situation that could imply a better rating assessment.

  STAND ALONE
CREDIT PROFILE (SACP)*
RATING              PERSPECTIVE  LAST REVISION DATE LAST PUBLICATION
S&P Global Ratings 'aa-' A stable 25/07/2022 Annual Review. July 2022(PDF)
Research Update S&P Global Ratings. March 2022 (PDF)
Research Update S&P Global Ratings. July 2021 (PDF)
Fitch 'aaa' A- stable 18/02/2022 Open document of Fitch. March 2022 (PDF)
Press Release Fitch. February 2022 (PDF)
Open document of Fitch. March 2021 (PDF)
Moody's Investors Service   Baa1 stable 07/07/2022 Open document of Moody's. July 2022 (PDF)
Open document of Moody's. April 2022 (PDF)
Open document of Moody's. September 2021 (PDF)
EthiFinance Ratings A+ A- under review 06/05/2022 Open document of EthiFinance. May 2022 (PDF) [Cast]
Open document of Axesor. November 2021 (PDF) [Cast]
Open document of Axesor. May 2021 (PDF) [Cast]

*The ICL, according to the methods used by S&P for rating local and regional governments (LRG), is not a rating but a means for assessing the intrinsic solvency of an LRG on the premise that there is no ceiling to the sovereign rating. The ICL shows the results of the combination of the assessment of the LRG's individual credit-profile with the institutional framework it operates under.]