Moody’s Investors Service Inc. on Tuesday lowered its rating on yen-denominated domestic securities issued or guaranteed by the government to Aa3 from Aa2 and maintained a negative outlook on these securities.
But Japan’s Aa1 foreign currency ceilings and the government’s Aa1 rating for internationally issued bonds, including Euroyen bonds, were unaffected by this action and have maintained their stable outlook, according to the U.S. credit-rating agency.
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