In its latest report, Standard and Poor’s has decided to maintain Jersey’s sovereign credit rating of AA-/A-1+.
It stated: "Fiscal buffers remain very substantial. We are therefore affirming our AA-/A-1+ long- and short-term sovereign credit ratings on Jersey. The outlook remains stable."
Joe Moynihan, Chief Executive Officer at Jersey Finance, commented: “This rating is a positive reflection of the stability and resilience of our jurisdiction and puts us in a strong position to navigate these extraordinary times.”