Moody's affirms Bosnia & Herzegovina

Moody's Investors Service said it confirmed the B3 sovereign ratings of Bosnia and Herzegovina, concluding a review that began on April 3.

The outlook is stable.

Moody's said that one of the most important considerations behind the confirmation is that measures are being taken to strengthen the debt service procedures, in particular to assure that such payments would not be caught up in political infighting as occurred earlier this year.

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