Ratings

Ratings

This page contains information and press releases about TMG bond rating.

Tokyo Metropolitan Government obtained credit ratings from Moody's on February 1st, 2007, as well as Standard & Poor's on March 26th, 2008. As for Moody's, TMG requested withdrawal of credit ratings on July 28th, 2009 and Moody's has withdrawn them on August 7th. Consequently, ratings for existing bonds have also been withdrawn.

The credit rating for the TMG （Long-Term Rating）(Since June 10, 2020)

Rating Agency	Rating	Outlook
S&P Global Ratings	A+	Stable

• S&P Global Ratings' rating information

Information and Press Release

• Governor Masuzoe's statement about S&P's change to the credit rating of the Tokyo Metropolitan Government(September 17, 2015)
• Comments on downgrade of Standard and Poor's credit rating to AA-(stable)(PDF:55KB)(January 28, 2011)
• Tokyo Metropolitan Government Requests withdrawal of Credit Ratings from Moody's Investors Service(PDF:12KB)(July 28, 2009)
• Tokyo Metropolitan Government obtains AA rating from Standard & Poor's(PDF:10KB)(March 26,2008)
• Tokyo to obtain Aaa/Aa2 ratings from Moody's Investors Service(PDF:27.9KB)(February 1, 2007)