Fitch affirms Namibia’s ‘stable’ rating

Fitch Ratings has affirmed Namibia’s long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BBB-’ and ‘BBB’, respectively.
The outlooks are stable.
The issue ratings on Namibia’s senior unsecured foreign and local currency bonds have also been affirmed at ‘BBB-’ and ‘BBB’, respectively.
The Country Ceiling has been affirmed at ‘A-’ and the short-term foreign currency IDR at ‘F3’.
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