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 negative 26/02/2021 Semi-Annual Review, No Research Update Published. Març 2021 (PDF)

Research Update S&P Global Ratings. September 2020 (PDF)

Press Release of S&P Global Ratings. September 2020 (PDF)
Fitch 'aaa' A- stable 29/03/2021 Open document of Fitch. March 2021 (PDF)

Press Release Fitch. February 2021 (PDF)

Open document of Fitch. August 2020 (PDF)
Moody's Investors Service   Baa1 stable 13/04/2021 Open document of Moody's. April 2021 (PDF)

Press Release Moody's. July 2020 (PDF)

Open document of Moody's. April 2020  (PDF)
Axesor AA- A under review 05/06/2020 Press Release Axesor. June 2020 (PDF)[Cast]

Press Release Axesor. December 2019 (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.]