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XVII. Ratings of Hungary

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Foreign Currency LT Debt  Baa3
Outlook  Positive
Foreign Currency LT Debt  BBB
Outlook  Stable
Foreign Currency LT Debt BBB
OutlookPozitiv Stable
Foreign Currency LT Debt A-
Outlook Stable
Foreign Currency LT Debt BBB+
Outlook Stable

Outlook indicates changes within 3 years.

Short Term Review (within 3 Months)

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