Fitch affirms Astana

Fitch Ratings said it affirmed the Kazakh City of Astana's long-term foreign-currency rating at BBB-, short-term rating at F3, long-term local-currency rating at BBB- and national long-term rating at AA(kaz).

The outlook is stable. Fitch also said it assigned a negative outlook to the long-term foreign-currency rating.

The action reflects Fitch's affirmation of Kazakhstan's long-term foreign-currency issuer default rating at BBB-, its long-term local-currency issuer default rating at BBB and short-term foreign-currency issuer default rating at F3.

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