Moody’s affirms Nordic Investment Bank

Moody's Investors Service said it affirmed Nordic Investment Bank’s long-term issuer rating at Aaa and the senior unsecured bond ratings at Aaa.

The agency concurrently affirmed the P-1 commercial paper rating and the prospective P-1 other short-term rating.

The outlook remains stable.

Moody’s said the affirmation reflects the bank’s solid capital position and sound asset quality as well as its standing as one of the highest average borrower ratings among multilateral development banks.

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