what is the current rating of bonds issued by Indian govt. in local currency by moody's. Thanx..
Countrys issue Debt on both International Markets (Foreign Currency) and Internal Markets Local Currency), the ratings agency (moodys, S&P, Fitch) rate both types of issue, the reason for this is that local debt are less probable to be defaulted and hmust have a different methodology of rating than the debt issued on international markets
The Rating it self measure the probability of the Indian Governement default on the Local Debt
"Go to moody's and register first. (It is free). http://www.moodys.com/researchandratings/market-segment/sovereign-supranational/-/005005/4294966293/4294966623/0/0/-/0/-/-/en/global/rr Look to the right top corner. You will see the sovereign rating list." Aswath
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